Economy, Asia - Pacific
Indonesia posts lowest GDP growth rate since 2021
Indonesian economy expands by 4.9% in Q1 year-on-year, while shrinks by 1% quarter-on-quarter
Gokhan Ergocun |
05.05.2025 - Update : 05.05.2025
ISTANBUL
The Indonesian economy expanded by 4.87% in the first quarter of 2025, the lowest rate since the third quarter of 2021.
According to official figures from Statistics Indonesia, the country's gross domestic product (GDP) reached around $344 billion in the first quarter of this year.
The statement read that agriculture, forestry, and fishing showed the highest growth at 10.52% on the production side.
Exports of goods and services posted the highest growth at 6.78% on the expenditure side.
On a quarterly basis, the country's economy showed a contraction in the first quarter of 2025, with 0.98%, it added.
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