The Gross Domestic Product (GDP) in Indonesia expanded 4.87 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Indonesia amounted to about 1.40 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 1.30 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 669.21 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in Indonesia was worth 1371.17 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Indonesia represents 1.30 percent of the world economy. This dataset provides - Indonesia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia contracted 0.98 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Indonesia Nominal GDP Growth

• Indonesia Nominal GDP Growth was reported at 7.020 % in Dec 2024.
• This records an increase from the previous number of 6.496 % for Sep 2024.
• Indonesia Nominal GDP Growth data is updated quarterly, averaging 13.268 % from Mar 1994 to Dec 2024, with 124 observations.
• The data reached an all-time high of 61.890 % in Sep 1998 and a record low of -6.895 % in Jun 2020.
• Indonesia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Statistics Indonesia provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2011 is calculated from Nominal GDP based on SNA 1993, prior to Q1 2001 based on SNA 1968.

Full Year GDP Growth in Indonesia decreased to 5.03 percent in 2024 from 5.05 percent in 2023. This dataset includes a chart with historical data for Indonesia Full Year Gdp Growth.

GDP, billion currency units in Indonesia, March, 2025 The most recent value is 5665930.2 billion Indonesian Rupiah as of Q1 2025, a decline compared to the previous value of 5674929.8 billion Indonesian Rupiah. Historically, the average for Indonesia from Q1 1990 to Q1 2025 is 1736303.23 billion Indonesian Rupiah. The minimum of 49958.4 billion Indonesian Rupiah was recorded in Q1 1990, while the maximum of 5674929.8 billion Indonesian Rupiah was reached in Q4 2024. | TheGlobalEconomy.com

Indonesia gdp growth rate for 2023 was 5.05%, a 0.26% decline from 2022.

<ul style='margin-top:20px;'>

<li>Indonesia gdp growth rate for 2022 was <strong>5.31%</strong>, a <strong>1.6% increase</strong> from 2021.</li>
<li>Indonesia gdp growth rate for 2021 was <strong>3.70%</strong>, a <strong>5.77% increase</strong> from 2020.</li>
<li>Indonesia gdp growth rate for 2020 was <strong>-2.07%</strong>, a <strong>7.08% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

GDP (current US$) in Indonesia was reported at 1371171152331 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Indonesia - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Indonesia GDP for 2023 was 1.371 trillion US dollars, a 3.95% increase from 2022.

<ul style='margin-top:20px;'>

<li>Indonesia GDP for 2022 was <strong>1.319 trillion US dollars</strong>, a <strong>11.17% increase</strong> from 2021.</li>
<li>Indonesia GDP for 2021 was <strong>1.187 trillion US dollars</strong>, a <strong>12.03% increase</strong> from 2020.</li>
<li>Indonesia GDP for 2020 was <strong>1.059 trillion US dollars</strong>, a <strong>5.37% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Indonesia ID:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data was reported at 172.540 2010=100 in Dec 2024. This records an increase from the previous number of 171.780 2010=100 for Sep 2024. Indonesia ID:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data is updated quarterly, averaging 111.380 2010=100 from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 172.540 2010=100 in Dec 2024 and a record low of 35.207 2010=100 in Mar 2000. Indonesia ID:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Indonesia – Table ID.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Quarterly.

Key information about Indonesia Investment: % of GDP

• Indonesia Investment accounted for 30.1 % of its Nominal GDP in Dec 2024, compared with a ratio of 33.4 % in the previous quarter.
• Indonesia investment share of Nominal GDP data is updated quarterly, available from Mar 1993 to Dec 2024, with an average ratio of 30.9 %.
• The data reached an all-time high of 38.4 % in Mar 1994 and a record low of 9.7 % in Jun 1999.

CEIC calculates quarterly Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. Statistics Indonesia provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency, based on SNA 2008. Investment as % of Nominal GDP prior to Q1 2010 is based on SNA 1993 and prior to Q1 2000 is based on SNA 1968.


Related information about Indonesia Investment: % of GDP

• In the latest reports, Indonesia GDP expanded 5.0 % YoY in Mar 2023.
• Indonesia Nominal GDP reached 332.8 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 7.1 % in Mar 2023.
• Indonesia GDP Per Capita reached 4,783.3 USD in Dec 2022.
• Its Gross Savings Rate was measured at 35.0 % in Dec 2024.

In 2024, the GDP growth rate for the manufacturing sector in Indonesia was estimated to be around *** percent. Indonesia is one of the world's largest manufacturing nations. Its manufacturing sector employs almost a fifth of Indonesia's working-age population and accounts for nearly a quarter of the country's total GDP.

In 2023, preliminary figures indicated that the manufacturing sector contributed approximately 18.67 percent of Indonesia's GDP, making it the largest contributor to the nation's economy. It was followed by the wholesale and retail trade and agricultural sectors. With its abundant resources, Indonesia ranks among the largest economies in the world. Economic development in Indonesia Indonesia’s GDP is expected to rise steadily until 2029, suggesting consistent economic growth. Resonating with this pattern, foreign direct investment in Indonesia has steadily increased over the past few years. However, the government still grapples with inflation rates and a budget deficit, with government revenue consistently lower than expenditure. Despite these challenges, Indonesia aims to become one of the top five largest economies globally by 2045. The manufacturing sector’s growth and investment Over the years, Indonesia has become an increasingly attractive destination for investments due to its economic expansion and large labor force. As of 2023, the GDP growth rate for Indonesia’s manufacturing sector was projected to be nearly five percent. Across the various segments of the sector, the highest investment value came from basic metals manufacturing, demonstrating its important role in driving industrial growth.

Key information about Indonesia Private Consumption: % of GDP

• Indonesia Private Consumption accounted for 55.1 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.4 % in the previous quarter.
• Indonesia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1993 to Dec 2024, with an average share of 58.6 %.
• The data reached an all-time high of 75.5 % in Dec 1998 and a record low of 51.3 % in Mar 1993.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. Statistics Indonesia provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Private Consumption as % of Nominal GDP prior to Q1 2010 is based on SNA 1993 and prior to Q1 2000 is based on SNA 1968.


Related information about Indonesia Private Consumption: % of GDP

• In the latest reports, Indonesia GDP expanded 5.0 % YoY in Mar 2023.
• Its Nominal GDP reached 332.8 USD bn in Mar 2023.
• Indonesia GDP Per Capita reached 4,783.3 USD in Dec 2022.
• Its Gross Savings Rate was measured at 35.0 % in Dec 2024.

Key information about Indonesia Market Capitalization: % of GDP

• Indonesia Market Capitalization accounted for 55.7 % of its Nominal GDP in Dec 2024, compared with a percentage of 55.8 % in the previous year
• Indonesia Market Capitalization: % Nominal GDP is updated yearly, available from Dec 2010 to Dec 2024
• The data reached an all-time high of 55.8 % in Dec 2023 and a record low of 42.3 % in Dec 2015

CEIC calculates Market Capitalization as % of Nominal GDP from annual Market Capitalization and annual Nominal GDP. Indonesia Stock Exchange provides Market Capitalization in local currency. Statistics Indonesia provides Nominal GDP in local currency.


Further information about Indonesia Market Capitalization: % of GDP

• In the latest reports, IDX recorded a monthly P/E ratio of 12.7 in Dec 2024
• Jakarta Composite closed at 7,109.2 points in Jan 2025

Forecast: Total Tourism GDP in Indonesia 2024 - 2028 Discover more data with ReportLinker!

Graph and download economic data for Nominal Gross Domestic Product for Indonesia (NGDPXDCIDA) from 2008 to 2024 about Indonesia and GDP.

GDP Deflator in Indonesia increased to 175.81 points in the first quarter of 2025 from 172.14 points in the fourth quarter of 2024. This dataset provides - Indonesia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Indonesia External Debt: Short Term: % of GDP

• Indonesia External Debt: Short Term accounted for 4.6 % of the country's Nominal GDP in 2024, compared with the ratio of 3.7 % in the previous year.
• Indonesia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2003 to 2024.
• The data reached an all-time high of 5.1 % in 2014 and a record low of 2.2 % in 2003.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Monetary Authorities, Banks and Other Sectors. Bank Indonesia provides Short Term External Debt in USD. Statistics Indonesia provides Nominal GDP in local currency based on SNA 2008. Bank Indonesia average market exchange rate is used for currency conversions. Nominal GDP prior to 2010 is based on SNA 1993.


Related information about Indonesia External Debt: Short Term: % of GDP

• In the latest reports of Indonesia, Current Account recorded a deficit of 2.2 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 7.5 USD bn in Sep 2024.
• Indonesia Direct Investment Abroad expanded by 2.3 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 10.8 USD bn in Sep 2024.
• Indonesia External Debt: Short Term value stood at 64.8 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 332.8 USD bn in Mar 2023.