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Macro - Country Economic Forecasts - Indonesia

Publisher Oxford Economics
Published Apr 22, 2022
Length 10 Pages
SKU # OFE17134129

Description

Macro - Country Economic Forecasts - Indonesia

We have maintained our 2022-2023 GDP growth forecasts for Indonesia at 5.7%, despite downside risks stemming from the Russia-Ukraine war and weaker growth prospects for China. We project a continued recovery in domestic demand, with the Covid pandemic's drag on the economy fading and prices remaining below the midpoint inflation target despite the recent uptrend. While global trade will likely weaken amid ongoing geopolitical tensions, demand for commodities remains strong, which bodes well for a net commodity exporter like Indonesia.

Table of Contents

10 Pages
Indonesia: Commodity boom and a recovery in demand bolster growth
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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