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 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 17.714 | +0.19 | |
| Neraca perdagangan (Mar) | 3,32 | +160.82 | |
| Ekspor Migas (Mar) | 1,28 | +18.60 | |
| Impor Migas (Mar) | 3,17 | +58.74 | |
| Ekspor (Mar) | 22,53 | +1.62 | |
| Impor (Mar) | 19,21 | -8.08 | |
| Kunjungan Wisman (Feb) | 1,16 | -2.42 | |
| Inflasi yoy (Apr) | 2,42% | -1.06 | |
| Inflasi mom (Apr) | 0,13% | -0.28 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Apr) | 112,29 | +0.43 |