Investor Presentaiton
Economic highlights (1/2)
• Indonesia economy is resilient with GDP expansion of ~5%
despite geopolitical tension and global challenges.
• Foreign Direct Investment (FDI) growth is slowing down, but
still in positive territory.
• Strong fiscal reserves support government expenditure, and
provide options to boost growth through pre-election.
spending or reducing government bond issuance.
Indonesia GDP Growth (%)
GRUP CA
BCA
Always by your side
5.73
5.46
5.17
5.03
5.02
5.01
5.04
3.53
Sep-21
Dec-21
Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23
Source: Statistics Indonesia (BPS)
Gov't Spending & Foreign Direct Investment YoY (%)
2021
2022
Real GDP
3.69%
5.31%
9M23
5.00%*
FDI YOY
CPI
1.87%
5.51%
2.28%
(%)
8.5
BI 7-D Rate
3.50%
5.50%
5.75%
USD/IDR
14,364
15,228
15,455
5.3
CA (% of GDP)
0.29%
0.99%
-0.28%*
Source: Bank Indonesia & Statistics Indonesia (BPS) for 2022 & 2021, *) BCA
Gov't Spending
YoY (%)
economist estimates
Analyst Meeting 9M-23
Sep-21
Dec-21 Mar-22 Jun-22 Sep-22
Source: Indonesia Investment Board (BKPM), Ministry of Finance
45.8
10.7
10.6
-4.8
Dec-22
Mar-23
Jun-23
PT Bank Central Asia Tbk 4View entire presentation