Indonesia's Economy Projected to Grow Above 5% in 2019

Economics & Macro

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Viva Budy Kusnandar 10/04/2019 13:56 WIB

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Indonesia's economy grew by 5.17% in 2018.

ASEAN 10 Countries' Economic Growth Projection (2019)

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Indonesia's Economy Projected to Grow Above 5% in 2019

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ASEAN 10 Countries' Economic Growth Projection (2019)

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Indonesia's economy is projected to grow by 5.3% in 2019. This figure is above the average economic growth of the ten ASEAN member states, which stands at 5.2%, as shown in the graph below.

Meanwhile, the burgeoning and rapidly growing economies of Myanmar, Cambodia, Laos, Vietnam, and the Philippines are key drivers of growth in Southeast Asia. These six countries are projected to grow above 6% this year.

For information, the Philippine economy grew by 6.2% in 2018, leading ASEAN-5 economic growth. This was followed by Indonesia at 5.17%, Malaysia at 4.7%, Thailand at 4.1%, and Singapore at 0.44%.

"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."

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Indonesia's Economy Projected to Grow Above 5% in 2019

Indonesia's Economy Projected to Grow Above 5% in 2019

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Related Data

Many Southeast Asian Countries Have Very High Disaster Risk

Impact of the Sumatra Disaster, Indonesia's GDP Could Decrease by IDR 68 Trillion

Indonesia's Manufacturing Industry Competitiveness Ranks 5th in ASEAN

INDEF: Consumer Purchasing Power Below 5%, Growth Also Stalled

DKI Jakarta's Economic Growth Approaching 5% in Q3 2025

Textile Industry's Contribution to Indonesia's GDP Declined until Q3 2025

Latest Data Stories

Popular Data

Indonesia's Economy Projected to Grow Above 5% in 2019

Indonesia's Economy Projected to Grow Above 5% in 2019

Tags

Related Data

Many Southeast Asian Countries Have Very High Disaster Risk

Impact of the Sumatra Disaster, Indonesia's GDP Could Decrease by IDR 68 Trillion

Indonesia's Manufacturing Industry Competitiveness Ranks 5th in ASEAN

INDEF: Consumer Purchasing Power Below 5%, Growth Also Stalled

DKI Jakarta's Economic Growth Approaching 5% in Q3 2025

Textile Industry's Contribution to Indonesia's GDP Declined until Q3 2025

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