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Macro - Country Economic Forecasts - Indonesia

Publisher Oxford Economics
Published Oct 27, 2022
Length 10 Pages
SKU # OFE17486809

Description

Macro - Country Economic Forecasts - Indonesia

We've significantly lowered our 2023 Indonesia growth forecast to 3.6% from 4.7%, reflecting another substantial revision to our US and world growth forecasts. We now project world GDP to grow just 1.2% in 2023, down from 1.7% last month. At the same time, we have turned more downbeat on domestic demand, given the Bank Indonesia's (BI) hawkish turn.

Table of Contents

10 Pages
Indonesia: Lower growth and elevated inflation in 2023
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
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