Economy Local May 05, 2025

Indonesia's GDP Growth Slows Down to 4.87% | Ours Abroad News

In the first quarter of 2025, Indonesia's GDP grew by 4.87% year-on-year, marking the slowest growth rate since 2021, as reported by the Central Statistics Agency.


Indonesia's GDP Growth Slows Down to 4.87% | Ours Abroad News

Data published by the Central Agency of Statistics indicates that Indonesia's gross domestic product (GDP) grew by 4.87% year-on-year in the first quarter of 2025, representing the worst quarterly performance since 2021. This slow growth rate is due to several factors affecting the country's economy.

According to the figures, this growth is lower than that recorded in the same period of the previous year, reflecting a challenging economic scenario for Indonesia. The pandemic, trade tensions, and other factors have contributed to this economic slowdown that worries authorities and analysts.

Indonesia's President, Joko Widodo, has expressed his concern over this situation and highlighted the importance of implementing measures to boost the country's economy. In this context, the Government is expected to take actions to promote growth and improve the economic situation in the coming quarters.

In President Widodo's words: "It is crucial that we act decisively to address the current economic challenges and work on recovering our economy." This statement reflects the urgency of adopting effective measures to stimulate economic growth at a critical time for the country.