In 2021, Indonesian household consumption grew by 2.02%.

The Central Statistics Agency (BPS) notes that, based on the 2010 constant price Gross Domestic Product (GDP), household consumption grew by 2.02% in 2021. This figure is higher than the previous year, which experienced a contraction of 2.63%.

Meanwhile, based on the current price GDP, household consumption expenditure reached Rp 9.24 quadrillion in 2021. This means that household consumption contributed 54.42% to the total GDP, which reached Rp 16.97 quadrillion.

Although household consumption experienced growth, the growth was still lower than before the COVID-19 pandemic, namely in 2019, which grew by more than 5 percent.

Household consumption growth was in line with the growth of the national economy, which grew by 3.69% in 2021. For information, the domestic economy experienced a contraction of 2.07% in 2020 due to the pandemic.

The relatively controlled COVID-19 pandemic in Q4 2021, the ongoing trend of global economic recovery, and fiscal stimulus drove the acceleration of Indonesia's economic growth.