AMRO’s 2025 Annual Consultation Report on Indonesia
June 20, 2025
Strengthened domestic demand and a rebound in exports supported Indonesia’s robust growth in 2024.
June 20, 2025
Akifumi Fujii, Ginanjar Wibowo, Kittiya Manivong, Nguyen Thi Kim Cuc, Sumio Ishikawa, Thai Yangsingkham, Trung Thanh Vu, Wanwisa May Vorranikulkij
Strengthened domestic demand and a rebound in exports supported Indonesia’s robust growth in 2024.
April 28, 2025
Akifumi Fujii, Ginanjar Wibowo, Nguyen Thi Kim Cuc
This analytical note examines the causes of regional income disparities in Indonesia, evaluates current policy efforts, and identifies key drivers of income convergence.
April 15, 2025
Allen Ng, Andrew Tsang, Anthony Tan, Byunghoon Nam, Catharine Kho, Chunyu Yang, Fan Zhai, Haobin Wang, Jade Vichyanond, Jinho Choi, Jungsung Kim, Lay Lay Aung, Megan Chong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Pim-orn Wacharaprapapong, Poh Lynn Ng, Seung Hyun (Luke) Hong, Tanyasorn Ekapirak, Vanne Khut, Wanwisa May Vorranikulkij, Wee Chian Koh, Xianguo (Jerry) Huang, Yuhong Wu
The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.
April 3, 2025
Dek Joe Sum, Seung Hyun (Luke) Hong
This report provides an analysis of the fiscal management of social protection systems across selected ASEAN+3 economies.
April 15, 2024
Hoe Ee Khor, Pim-orn Wacharaprapapong, Runchana Pongsaparn
This paper sheds light on pandemic-related central bank balance sheet tools and ensuing normalization, with a particular focus on ASEAN-4 economies.
April 2, 2024
Akifumi Fujii, Chunyu Yang, Nguyen Thi Kim Cuc, Somphone Changdabout, Sumio Ishikawa, Thai Yangsingkham
Indonesia’s economy continued to perform robustly, led by resilient domestic consumption and strengthening investment.
April 20, 2023
Andriansyah, Chunyu Yang, Nguyen Thi Kim Cuc, Sota Nejime, Sumio Ishikawa
The Indonesian economy grew solidly by 5.3 percent in 2022, led by strong rebound in domestic demand as consumer and business confidence was sustained, and by robust exports.
December 20, 2022
This paper quantifies the likelihood of spillovers to emerging ASEAN-4 economies and Korea from shifts in US monetary policy.
April 21, 2022
Andriansyah, Chunyu Yang, Jade Vichyanond, Nguyen Thi Kim Cuc, Sota Nejime, Sumio Ishikawa
The Indonesian economy is on track to a firm recovery as a result of effective pandemic containment measures and ongoing policy support.
December 22, 2021
This paper takes stock of recent developments in e-money and examines concepts and risks related to e-money, as well as implications for monetary policy.