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 (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.131 | +0.48 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |
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