Indonesia's 2024 National Economic Growth Projection: Eastern Indonesia Shows Strongest Performance
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Indonesia's economic growth has the potential to strengthen in 2024, particularly in Eastern Indonesia.
This projection is recorded in a report by the Katadata Insight Center (KIC) and Grant Thornton titled *Unraveling Indonesia’s Prospects in 2024: How 5 Provinces are Set to Benefit From The Macro Trends*.
According to the report, Indonesia's gross domestic product (GDP) is capable of growing in the range of 5.3% to 5.7% in 2024, even with slowing export growth.
When broken down by region, the strongest projection is in Eastern Indonesia, specifically Sulawesi-Maluku-Papua (Sulampua), with an expected growth of 6.9%.
"Sulawesi and Maluku will continue to benefit from nickel mining and its downstream activities," the KIC-Grant Thornton report states.
Meanwhile, the weakest projection is in the Bali-Nusa Tenggara (Bali Nusra) region, with an expected economic growth of 3.1%.
According to KIC-Grant Thornton, although the tourism sector has begun to recover from the impact of the Covid-19 pandemic, Bali still faces challenges in returning to pre-pandemic levels.
"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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| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.692 | -0.33 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |
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