Economy

Indonesia Economy

Macroeconomic growth gained momentum in 2017 on the back of improved global commodities prices, increased foreign direct investment and robust domestic consumption. Although the country has not yet returned to the near-6% average annual GDP growth recorded in the five years leading up to 2012, its macroeconomic fundamentals remain robust, with an improved current account balance and a sweeping tax amnesty programme supporting a recent sovereign credit rating upgrade. New sovereign and corporate bond issuance will help fund Indonesia’s substantial infrastructure agenda over the medium term, providing a critical finance channel for infrastructure development stakeholders.

This chapter contains interviews with Jim Yong Kim, President, World Bank Group; and Hiroshige Seko, Minister of Economy, Trade and Industry of Japan.

Cover of The Report: Indonesia 2018

The Report

This chapter is from the Indonesia 2018 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Hiroshige Seko, Minister of Economy, Trade and Industry of Japan
Hiroshige Seko, Minister of Economy, Trade and Industry of Japan: Interview