Indonesia

GDP growth, year over year

GDP growth tracks how quickly inflation-adjusted output is expanding or contracting. It is the headline pace measure for business cycles, slowdowns, recoveries, and recessions.

GDP Growth Rate - Indonesia

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The reading right now

As of January 2024, GDP growth, year over year for Indonesia stood at 5.03%. That is down 0.02 percentage points from the prior year. Over the trailing five years, the series has averaged 3.67%, ranging from a low of -2.07% in January 2020 to a high of 5.31% in January 2022. The current reading sits 0.74 percentage points above its trailing ten-year mean of 4.29%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.