Indonesia: One of the Highest Contributors to Global Growth 2017-2019

Economics & Macro

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25/01/2018 12:20 WIB

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Global Economic Growth Contributors 2017-2019

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Indonesia: One of the Highest Contributors to Global Growth 2017-2019

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Global Economic Growth Contributors 2017-2019

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Based on the prediction data published by the World Bank (2017), the real GDP growth rate will reach an average of 2.8% in 2017-2019. This estimate is based on the real GDP growth in each country in previous years and considers the social conditions and economic policies in countries worldwide.

China occupies the first position, with GDP growth of 6.5% in 2017 and an estimated growth of 6.3% in 2018 and 2019. China is estimated to contribute 35.2% to global growth over the three-year period, meaning an increase in GDP of US$2.3 trillion.

The World Bank's prediction and analysis results are quite interesting because the United States is estimated to be in second place, in line with the new policies under the Trump administration. Another interesting point is that several countries emerged as unexpected new contributors. One of them is Indonesia, which is predicted to contribute 2.5% to world growth.

"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."