Moody's Cuts Indonesia's 2020 Economic Growth Projection to 4.8%
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Moody's rating agency revised its projection for Indonesia's economic growth in 2020. In a previous report, Indonesia's economy was projected to grow by 4.9%. However, due to the threat of the spread of the coronavirus (COVID-19), Indonesia's economic growth is now projected at 4.8% in an optimistic scenario and 4.5% in a pessimistic scenario.
Besides Indonesia, other G20 countries have also been impacted by COVID-19. One example is Italy, which has the highest number of virus cases in Europe. As a result, Italy's economic projection has been revised to -0.5% from the previous projection of 0.5%. Furthermore, Japan's economic growth projection has been cut from 0.3% to 0%.
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 17.668 | -0.82 | |
| 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 (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Mei) | 113,79 | +1.34 |