Investor Presentaiton
Jakarta Economic
Outlook
%yoy
%yoy
GDRP Growth
Household Consumption and Investment Growth
8.00
7.00
6.00
6.00
5.00
4.00
4.00
2.00
3.00
0.00
2.00
-2.00
1.00
0.00
-4.00
-1.00
-6.00
-2.00
-8.00
-3.00
2015
2017
2015
2016
2017
2018
2019
2020
2021*
2016
Household Consumption
2018
2019
2020
2021*
Investment
Source: Statistics Indonesia (BPS)
*Forecast from Bank Indonesia
• Jakarta's economic growth continued to improve in the first quarter of 2021 driven by accelerated government spending and
increased household consumption as well as investment activities in line with the decline in COVID-19 cases and the well-
running of the vaccination process. Jakarta's economy grew -1,65% (yoy) in the first quarter of 2021, rebounding from a -2,14%
(yoy) in the previous quarter.
In the mid term outlook, Jakarta's economy is expected to recover in 2021 in line with the recovery of global economy
supported by vaccine availability and continued economic stimuli from government in 2021. Jakarta's economic growth will
also be driven by major infrastructure projects and consumption.
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