The Indonesian government is prioritising long-term economic growth through energy security, digitalisation, and natural resource industrialisation, according to Deputy Minister of Finance Thomas Djiwandono.
More than 4 million foreign tourists came to Indonesia in the first four months of this year, up 24.85% compared to the same period last year, statistics show.
Indonesia will no longer be the 4th most populous country in the world by 2045 as it is seeing a declining birth rate, according to the country’s National Development Planning Agency (Bappenas).
Indonesia's trade balance recorded a surplus of 35.34 billion USD throughout 2021, the highest in the past 15 years, according to the Central Statistics Agency (BPS).
Indonesia has recorded its first annual import growth since July 2019, indicating a sign of recovery in factory activity and manufacturing investment, following last year’s economic downturn due to the COVID-19 pandemic.
Indonesia's inflation rate in December 2020 was clocked at 0.45 percent and 1.68 percent all through 2020, according to the Central Statistics Agency (BPS).
Indonesia’s manufacturing industry is facing two main obstacles in terms of limited cash and working capital flows amidst the COVID-19 pandemic in the country, said Industry Minister Agus Gumiwang Kartasasmita on May 20.
Indonesia’s trade surplus in September reached 1.21 billion USD, the highest level for the past 13 months, the Jakarta Post on October 18 cited official data from the Central Statistics Agency (BPS).
