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Indonesia

Author

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  • Mirela Simion

Abstract

The article presents the evolution of the economic conjuncture in 2015 and the prospects for 2016-2017. According to OECD – „ Economic Outlook – june 2016” and ADB- „ Asian Economic Outlook, march 2016”, in Indonesia- the strongest south-east Asian economy, the pace of GDP growth for 2015 was for the 5 th year in a row, the slowest since 2009, navigating a difficult external environment, characterized by the fall of commodity prices, weak external demand, shifts in investment activity and also tight credit conditions. Nevertheless, the 4,8% GDP growth is one of the highest in the world. As related by international analysts, growth was by far achieved due to the attempts of indonesian authorities to limit the result of weak exports determined by the poor demand from major trading partners and lower commodity prices, inflationary pressures owing to rupia’s depreciation as well as the current account deficit. According to international analysts GDP growth is set to strenghten in 2016 and 2017 related to 2015 performance, but on slower pace as in 2012.

Suggested Citation

  • Mirela Simion, 2016. "Indonesia," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy, pages 181-184.
    • Handle: RePEc:iem:conjun:y:2016:p:181-184
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