Indonesia Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Indonesia Forecast: Real GDP Growth

  • Indonesia Real GDP Growth is forecasted to be 4.800 % in Dec 2023 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 5.300 % in Dec 2022.
  • Looking ahead, Indonesia Real GDP Growth is projected to stand at 5.117 % in Dec 2027.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Indonesia's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

Indonesia Forecast: Real GDP Growth

What is Indonesia's Forecast: Real GDP Growth in 2027?

Indonesia Real GDP Growth is forecasted to be 4.800 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.117 2027 5.207 2026 -13.127 1998 9.880 1980 % yearly 1980 - 2027

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 3.004 2026 yearly 2004 - 2026
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2031 yearly 2001 - 2031
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.329 2031 yearly 1987 - 2031
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.557 2031 yearly 1980 - 2031
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.754 2031 yearly 1980 - 2031
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 3.000 2031 yearly 1980 - 2031
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.173 2031 yearly 1980 - 2031
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.375 2031 yearly 1980 - 2031
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.960 2031 yearly 2001 - 2031
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 1.512 2032 yearly 1981 - 2032
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Indonesia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.4 Mar 2026 quarterly Dec 2014 - Mar 2026
Consolidated Fiscal Balance (USD mn) -6,173.303 Mar 2026 monthly Jan 2014 - Mar 2026
Tax Revenue (USD mn) 10,211.968 Mar 2026 monthly Jan 2014 - Mar 2026
Tax Revenue: % of GDP (%) 7.5 Mar 2026 quarterly Mar 2014 - Mar 2026
National Government Debt (USD mn) 547,950.7 Jan 2025 monthly Jun 2009 - Jan 2025
Government Debt: % of GDP (%) 39.2 Dec 2024 quarterly Jun 2015 - Dec 2024
Forecast: Government Expenditure (IDR bn) 6,406,306.537 2031 yearly 1993 - 2031
Forecast: Government Net Debt (IDR bn) 15,850,140.853 2031 yearly 2000 - 2031
Forecast: Government Revenue (IDR bn) 5,342,794.515 2031 yearly 1981 - 2031
Central Government Operation: Total Expenditures (IDR bn) 321,275.676 Mar 2026 monthly Apr 1999 - Mar 2026
Central Government Operation: Financing (IDR bn) 93,151.832 Mar 2026 monthly Apr 1999 - Mar 2026
Central Government Operation: Total Revenue (IDR bn) 216,876.080 Mar 2026 monthly Apr 1999 - Mar 2026
Central Government Operation: Overall Balance (IDR bn) -104,399.596 Mar 2026 monthly Apr 1999 - Mar 2026
Government Budget Deficit or Surplus: Budget (IDR bn) -689,147.903 2026 yearly 2001 - 2026
Govt Revenue: Budget: Domestic: Tax: DT: Value Added Tax (IDR bn) 995,277.405 2026 yearly 2001 - 2026
Govt Revenue: Budget: Domestic: Tax: DT: Excises Duties (IDR bn) 243,533.740 2026 yearly 2001 - 2026
DJ ANGGARAN Forecast: Govt Expenditure (Exp): BDG (IDR bn) 2,461,112.052 2019 yearly 2001 - 2019
DJ ANGGARAN Forecast: Govt Revenue & Grant (Rev): Budget (BDG) (IDR bn) 2,165,111.816 2019 yearly 2001 - 2019
DJ ANGGARAN Forecast: Govt Rev: BDG: Domestic: Tax (IDR bn) 1,786,378.650 2019 yearly 2001 - 2019
MA: Budget: 10-years SBN (%) 7.290 2021 yearly 2021 - 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.805 2028 yearly 1980 - 2028
Trade Balance (USD mn) 3,321.0 Mar 2026 monthly Jan 1967 - Mar 2026
Total Exports (USD mn) 22,526.8 Mar 2026 monthly Oct 1983 - Mar 2026
Total Exports Growth (%) -3.1 Mar 2026 monthly Oct 1984 - Mar 2026
Aluminum: Exports (USD th) 777,952.699 2024 yearly 2003 - 2024
Exports: Medicament (USD th) 531,985.050 2024 yearly 2003 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 186,847.860 2024 yearly 2003 - 2024
Total Imports (USD mn) 19,205.8 Mar 2026 monthly Jan 2008 - Mar 2026
Total Imports Growth (%) 1.5 Mar 2026 monthly Jan 2009 - Mar 2026
Imports: Medicament (USD th) 833,323.820 2024 yearly 2003 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 2,649,645.943 2024 yearly 2003 - 2024
Total Exports to USA (USD mn) 2,289.154 Mar 2026 monthly Jan 1971 - Mar 2026
Total Imports from USA (USD mn) 972.619 Mar 2026 monthly Jul 1982 - Mar 2026
Total Exports to China (USD mn) 6,185.288 Mar 2026 monthly Nov 1982 - Mar 2026
Total Imports from China (USD mn) 6,380.084 Mar 2026 monthly Mar 1988 - Mar 2026
Exports: Machinery & Transportation Equipments (USD mn) 2,938.462 Mar 2026 monthly Jan 2012 - Mar 2026
Exports: Mineral Fuels, Lubricants, Etc (USD mn) 3,963.141 Mar 2026 monthly Jan 2012 - Mar 2026
Exports: Beverages and Tobacco (USD mn) 142.493 Mar 2026 monthly Jan 2012 - Mar 2026
Imports: Machinery and Transport Equipments (USD mn) 6,398.137 Mar 2026 monthly Jan 2012 - Mar 2026
Imports: Chemical (USD mn) 2,323.545 Mar 2026 monthly Jan 2012 - Mar 2026
Imports: Mineral Fuels, Lubricants and etc (USD mn) 3,640.238 Mar 2026 monthly Jan 2012 - Mar 2026
Imports: Beverages and Tobacco (USD mn) 107.277 Mar 2026 monthly Jan 2012 - Mar 2026
Imports: cif: OG: Crude Oil (USD mn) 393.100 Mar 2019 monthly Jan 2008 - Mar 2019
Exports: fob: OG: Mining: Crude Oil (USD mn) 177.600 Apr 2019 monthly Jan 1998 - Apr 2019
Imports: cif: OG: Gas (USD mn) 217.500 Jun 2019 monthly Jan 2008 - Jun 2019
Exports: fob: OG: Gas Procurement: Gas (USD mn) 4.300 Mar 2019 monthly Jan 2015 - Mar 2019
Exports: fob: OG: Mining: Gas (USD mn) 447.900 Jun 2019 monthly Jan 2015 - Jun 2019
Exports: Road Vehicles (USD mn) 590.839 Feb 2019 monthly Jan 2012 - Feb 2019
Imports: Road Vehicles (USD mn) 593.654 Feb 2019 monthly Jan 2012 - Feb 2019
Export Value Index (2015=100) 172.200 2023 yearly 2003 - 2023
Import Value Index (2015=100) 157.600 2023 yearly 2003 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,947.5 Dec 2025 quarterly Mar 2010 - Dec 2025
Current Account Balance (USD mn) -2,541.9 Dec 2025 quarterly Mar 1981 - Dec 2025
Current Account Balance: % of GDP (%) 1.1 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Direct Investment (USD mn) 5,746.6 Dec 2025 quarterly Mar 1981 - Dec 2025
Foreign Direct Investment: % of GDP (%) 1.6 Dec 2025 quarterly Mar 1990 - Dec 2025
Foreign Portfolio Investment (USD mn) 5,761.260 Dec 2025 quarterly Mar 2004 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 1.6 Dec 2025 quarterly Mar 2004 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 2,258.5 Dec 2025 quarterly Mar 1981 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 3,502.740 Dec 2025 quarterly Mar 1981 - Dec 2025
External Debt (USD mn) 437,859.4 Feb 2026 monthly Jan 2008 - Feb 2026
External Debt: % of GDP (%) 29.9 2025 yearly 2003 - 2025
External Debt: Short Term (USD mn) 65,972.9 Feb 2026 monthly Jan 2008 - Feb 2026
External Debt: Short Term: % of GDP (%) 4.3 2025 yearly 2003 - 2025
Forecast: Current Account Balance (USD bn) -17.602 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -272,625.077 Dec 2025 quarterly Mar 2014 - Dec 2025
External Debt Outstanding: Govt & MA: Bilateral: South Korea (USD mn) 342.690 Dec 2018 quarterly Dec 1998 - Dec 2018
External Debt Outstanding: Govt & MA: Bilateral: France (USD mn) 2,209.920 Dec 2018 quarterly Dec 1996 - Dec 2018
External Debt Outstanding: Govt & MA: Bilateral: Germany (USD mn) 2,893.130 Dec 2018 quarterly Dec 1996 - Dec 2018
External Debt Outstanding: Govt & MA: Bilateral: Japan (USD mn) 12,535.300 Dec 2018 quarterly Dec 1996 - Dec 2018
External Debt Outstanding: Govt & MA: Bilateral: US (USD mn) 397.620 Dec 2018 quarterly Dec 1996 - Dec 2018
BoP: IMF BPM6: Financial Account: Portfolio Investment (USD mn) 4,645.010 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: FA: Other Investment: Liabilities (USD mn) 1,066.740 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Financial Account: Other Investment (USD mn) 760.250 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Financial Account: Assets (USD mn) -3,742.090 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: FA: Portfolio Investment: Assets (USD mn) -1,116.250 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Capital Account (USD mn) 172.520 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Financial Account: Direct Investment (USD mn) 2,799.100 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Current Account: Primary Income (USD mn) -9,586.920 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Financial Account: Liabilities (USD mn) 11,905.630 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Memorandum: Reserve Asset Position (USD mn) 156,470.970 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Current Account: Primary Income: Receipts (USD mn) 2,534.980 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Net Error & Omissions (USD mn) 277.670 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: CA: Secondary Income: Payments (USD mn) -2,991.090 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Financial Account (USD mn) 8,163.550 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: FA: Other Investment: Assets (USD mn) -306.490 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Current Account: Primary Income: Payment (USD mn) -12,121.900 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: FA: Memorandum: Direct Investment Abroad (USD mn) -2,611.410 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: FA: Portfolio Investment: Liabilities (USD mn) 5,761.260 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: Current Account: Secondary Income (USD mn) 1,754.690 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: IMF BPM6: CA: Secondary Income: Receipts (USD mn) 4,745.790 Dec 2025 quarterly Mar 2010 - Dec 2025
International Investment Position (IIP): Assets (USD mn) 558,496.495 Dec 2025 quarterly Mar 2014 - Dec 2025
International Investment Position (IIP): Liabilities (USD mn) 831,121.571 Dec 2025 quarterly Mar 2014 - Dec 2025
International Investment Position (IIP): Net (USD mn) -272,625.077 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: IMF BPM6: FA: Direct Investment: Assets (USD mn) -1,631.267 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: IMF BPM6: FA: Portfolio Inv: Liabilities: Private: Equity Sec (USD mn) 25.259 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: IMF BPM6: FA: Portfolio Inv: Liabilities: Public: Debt Securiti (USD mn) 4,809.228 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: IMF BPM6: FA: Direct Investment: Liabilities (USD mn) 3,614.757 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: IMF BPM6: FA: Portfolio Inv: Liabilities: Private: Debt Sec (USD mn) 6,641.640 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: IMF BPM6: Financial Derivatives (USD mn) -0.523 Jun 2019 quarterly Mar 2010 - Jun 2019
Balance of Payments: IMF BPM6: Current Account (USD mn) -8,442.766 Jun 2019 quarterly Mar 2010 - Jun 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.3 Aug 2025 monthly Jan 2003 - Aug 2025
Household Debt: % of GDP (%) 15.0 Dec 2025 quarterly Dec 2010 - Dec 2025
Non-Performing Loans (USD mn) 11,106.097 Feb 2026 monthly Jan 2003 - Feb 2026
Money Supply M1 (USD mn) 201,477.079 Mar 2026 monthly Feb 1968 - Mar 2026
Money Supply M2 (USD mn) 609,374.448 Mar 2026 monthly Feb 1968 - Mar 2026
M2 Growth (%) 9.7 Mar 2026 monthly Feb 1969 - Mar 2026
Reserve Requirement Ratio (%) 9.0 Apr 2026 monthly Jan 1997 - Apr 2026
Foreign Exchange Reserves (USD mn) 126,772.3 Mar 2026 monthly Apr 2000 - Mar 2026
Foreign Exchange Reserves: % of GDP (%) 9.000 Apr 2026 monthly Jan 1997 - Apr 2026
Foreign Exchange Reserves: Months of Import (NA) 6.6 Mar 2026 monthly Jan 2008 - Mar 2026
Gold Reserves (USD mn) 12,775.980 Mar 2026 monthly Jun 1964 - Mar 2026
Total Deposits (USD mn) 531,357.838 Feb 2026 monthly Jan 1999 - Feb 2026
Total Deposits Growth (%) 8.8 Feb 2026 monthly Jan 2000 - Feb 2026
Domestic Credit (USD mn) 590,066.5 Mar 2026 monthly Jan 2004 - Mar 2026
Domestic Credit Growth (%) 11.1 Mar 2026 monthly Jan 2005 - Mar 2026
Debt Service Ratio: Private Non-Financial Sector (%) 4.400 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 219.747 Sep 2025 quarterly Dec 2001 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 556.951 Sep 2025 quarterly Mar 1976 - Sep 2025
Household Debt (USD mn) 214,162.3 Feb 2026 monthly Jan 2002 - Feb 2026
Total Loans (USD mn) 501,147.531 Mar 2026 monthly Jan 2002 - Mar 2026
Total Loans Growth (%) 8.92 Mar 2026 monthly Jan 2003 - Mar 2026
Private Debt: % of Nominal GDP (%) 30.71 Dec 2025 quarterly Mar 2002 - Dec 2025
Broad Money (M2): YoY (%) 9.700 Mar 2026 monthly Jan 1999 - Mar 2026
BM (M2): Narrow Money (M1) (IDR bn) 1,523,525.730 Jun 2019 monthly Jan 2002 - Jun 2019
CRB: Loans: Household Consumption: Housing (IDR bn) 465,884.900 Jun 2019 monthly Jun 2016 - Jun 2019
NPL: Comm Banks (IDR bn) 141,557.251 May 2019 monthly Jan 2011 - May 2019
Commercial & Rural Banks: Loans: YoY (%) 8.900 Mar 2026 monthly Oct 2019 - Mar 2026
Commercial Banks: Non Performing Loan Ratio (%) 2.150 Feb 2026 monthly Jul 2021 - Feb 2026
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 64.629 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 2.7 Jun 2026 quarterly Mar 2011 - Jun 2026
Business Survey (BS): Prompt Manufacturing Index (PMI) (%) 52.260 Jun 2026 quarterly Mar 2010 - Jun 2026
Business Survey (BS): Production Capacity Utilization (PC) (%) 76.097 Mar 2019 quarterly Mar 2004 - Mar 2019

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