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 | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 17.861 | +0.22 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Mar) | 1,09 | -6.17 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Pertumbuhan ekonomi (tw) (Q1) | 5,61 | +4.08 | |
| NTP (Apr) | 112,29 | +0.43 |
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