Despite GDP Growth, Many Indonesians Feel the Economy is Just So-So

Economics & Macro

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Dzulfiqar Fathur Rahman 30/08/2022 18:10 WIB

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Indonesia's Gross Domestic Product (GDP) grew by 5.44% (year-on-year) in the second quarter of 2022. However, a majority of citizens perceive the national economic conditions as only moderate.

Respondents' Perception of the National Economic Conditions (August 2022)

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Despite GDP Growth, Many Indonesians Feel the Economy is Just So-So

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Respondents' Perception of the National Economic Conditions (August 2022)

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Indonesia's Gross Domestic Product (GDP) grew by 5.44% (yoy) in the second quarter of 2022. However, most citizens assess the national economic condition as only fair.

According to a survey by Indikator, in August 2022, the majority, or 32.7% of respondents, rated the national economy as fair.

Furthermore, 26.2% of respondents rated the national economic condition as poor and 6.4% as very poor. In total, negative perceptions of the national economy reached 32.6% in August 2022, down from 38.3% the previous month.

Conversely, the accumulated percentage of respondents rating the national economic condition as good increased to 32% in August 2022, compared to 21.4% the previous month.

This survey was conducted on 1,229 respondents spread across Indonesia via telephone during the period of August 11-17, 2022.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."