In brief
Parliamentary and presidential elections are scheduled for April 17th 2019. The president, Joko Widodo (known as Jokowi), appears set to win a second term, although his challenger, opposition leader Prabowo Subianto, will put up a tough fight. The government transition will be smooth. The new administration will continue its predecessor"s focus on infrastructure development. Gross fixed investment will grow by 5.7% per year in 2019-23, with GDP expanding by an annual average of 5.1%.
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Politics | March 29th 2019
Turnout at the April polls may be reduced as unenthused young voters choose to abstain.
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Politics | March 12th 2019
Underdevelopment, poverty and a faltering secessionist movement will continue to weigh on the region"s prospects.
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Economy | March 8th 2019
The current-account deficit will be manageable, due to forecast improvements in financial inflows and the trade balance.
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Economic growth
| (% unless otherwise indicated) | |||
| US GDP | 2.9 | 2.3 | 1.5 |
|---|---|---|---|
| OECD GDP | 2.3 | 1.8 | 1.6 |
| World GDP | 2.9 | 2.8 | 2.6 |
| World trade | 4.4 | 3.3 | 2.9 |
| Source: The Economist Intelligence Unit |
Expenditure on GDP
Private consumption
Government consumption
Gross fixed investment
Exports of goods & services
Imports of goods & services
Source: The Economist Intelligence Unit
Origin of GDP
Agriculture
Industry
Services
Source: The Economist Intelligence Unit
Source
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