Indonesia registered a GDP growth of 5.78 percent in 2013, the slowest rate since 2009, as the global economic turbulence eroded demand for its exports, said the national statistics bureau.
Suryamin, head of the bureau, said the economy expanded by 5.72 percent in the final quarter of last year. Nevertheless, he remains upbeat about the prospects of Southeast Asia's largest economy as the global market has shown signs of recovery.
The Indonesian economy grew by 6.23 percent in 2012, 6.5 percent in 2011, 6.1 percent in 2010 and 4.5 percent in 2009, mainly attributable to massive household consumption, exports and investment, according to data from the bureau.
Its exports largely bounced back in December by chalking up 10.33 percent growth to generate 16.98 billion USD that pushed the trade surplus up 1.52 billion USD, the third consecutive month of surplus in trade balance, Suryamin said.
Finance Minister Chatib Basri projected the economy to grow by 5.5 percent this year.-VNA
Suryamin, head of the bureau, said the economy expanded by 5.72 percent in the final quarter of last year. Nevertheless, he remains upbeat about the prospects of Southeast Asia's largest economy as the global market has shown signs of recovery.
The Indonesian economy grew by 6.23 percent in 2012, 6.5 percent in 2011, 6.1 percent in 2010 and 4.5 percent in 2009, mainly attributable to massive household consumption, exports and investment, according to data from the bureau.
Its exports largely bounced back in December by chalking up 10.33 percent growth to generate 16.98 billion USD that pushed the trade surplus up 1.52 billion USD, the third consecutive month of surplus in trade balance, Suryamin said.
Finance Minister Chatib Basri projected the economy to grow by 5.5 percent this year.-VNA
