Investor Presentaiton
INDONESIA GDP GROWTH
6
BB BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
Strong GDP Growth
5,01
0,36
5,03
-0,92
I IV I III IV I IV I IV I IV I II IV I
2017
2018
2019
Nasional qtq
2020
2021
Nasional yoy
Source: Central Bureau of Statistics of Indonesia (BPS)
GDP Regionally
2022
Sumatera
4,08
4,79
Kalimantan
Sulawesi
7,00
5,52
6,87%
Maluku &
Papua
21,82%
2023 Budget
9,00%
579
3,46
5,06
4,96 57,17%
2,68%
3,50
4,74
Jawa
Bali & Nusa
Tenggara
Keterangan
10,39
2,46%
Distribusi PDB ADHB Triwulan 1-2023
Pertumbuhan Ekonomi Triwulan 1-2022
Pertumbuhan Ekonomi Triwulan 1-2023
Indonesia Growth Prospect in 2023
Bank Indonesia
Institutions
Consensus Forecast (April 2023)
World Bank (GEP, Jan 2023)
IMF (WEO, April 2023)
2023
1,95
GDP growth (%)
5.3
4.5-5.3
4.8
4.8
5.0
Indonesia economy expands at rate of 5.03% (yoy) in
quarter 1 of 2023. It is reflected that Indonesian economy
performed well amid still troubled global conditions. Solid
economic performance was supported by persistently strong
domestic demand, investment, and exports. National
economic improvements were also reflected by various
economic sectors and all regions of the archipelago. Moving
forward, economic growth is expected to remain intact on the
back of domestic demand in line with improving mobility and
the ongoing completion of national strategic projects.
In terms of spending, nearly all components recorded
positive growth in the reporting period. Household
consumption expanded 4.54% (yoy) higher from 4.48% (yoy) in
the previous period. Strong growth was consistent with
increasing manufacturing, trade, and mining. Investment still
going strong to 2.11% (yoy) despite moderating from 3.33%
(yoy). Meanwhile, government consumption experienced a
3.99% (yoy) contraction due to lower procurement spending
for Covid-19 handling as the number of Covid-19 cases is
slowing down. Exports continued to expand with growth
reaching 11.68% (yoy), despite moderating from previos
quarter underpinned by persistently strong demand in
Indonesia's main trading partners, together with policy to
accelerate exports of crude palm oil (CPO). But, it is
moderating because the commodity prices in the international
market is slowing down. Import growth was also slowing down
at 2.77% (yoy) in the reporting period.
Nearly all economic sectors growing strong in this second
quarter of 2023, primarily driven by the Manufacturing
Industry, Wholesale and Retail Trade and Mining.
Regionally, economic improvements were bolstered by growth
in all regions of Indonesia, led by Sulawesi-Maluku-Papua
(Sulampua), followed by Java, Bali-Nusa Tenggara (Balinusra),
Kalimantan and Sumatra.
North Sumatra Investment BookView entire presentation