Watch the highlights of AMRO’s 2023 Annual Consultation Report on Indonesia.
Indonesia’s GDP is expected to grow by 5.2%, driven by robust domestic demand backed by consumer confidence, election-related spending, and development projects. But external headwinds – El Niño weather and geopolitical tensions – could affect its near-term outlook. In the medium-term, Indonesia faces structural challenges in its efforts to enhance resilience and transition to a green economy. Authorities are encouraged to strengthen policy synergy and prioritize investments in education and infrastructure.