Investor Presentaiton
Outlook of Domestic Economy Remains Robust
...the domestic economic recovery is continued to strengthen in 2023
2023 Economic Outlook
• Bank Indonesia projects economic growth in 2023 continue to accelerate to the range of 4.5-5.3% in 2023.
Bank Indonesia is confident core inflation will remain at the 3.0%±1% target during the first semester of 2023 and CPI
inflation will return to the 3.0%±1% target in the second semester of 2023
Bank Indonesia projects BOP outlook for 2023 is good, with a manageable current account maintained in the range of a
0.4% of GDP surplus to a 0.4% of GDP deficit
Bank Indonesia projects credit growth in 2023 will accelerate to 10.0-12.0%
LOAN
π
Rp
Economic Growth
Inflation
CAD (% of GDP)
Credit Growth
2018
Realization
5.17%
3.13%
2.98%
11.75%
2019
5.02%
2.72%
2.71%
6.08%
Realization
2020
-2.07%
1.68%
0.4%
-2.4%
Realization
2021
3.69%
1.87%
surplus 0.3%
5.24%
Realization
2022
5.31%
5.51%
Realization
surplus
1.0%
11.35%
2023
4.5-5.3%
3.0±1%
surplus 0.4% -
10-12%
deficit 0.4%
Source Bank Indonesia
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