Indonesia’s economic growth this year is expected to maintain 4 and 5

The World Bank predicted in the latest Global Economic Outlook that Indonesia’s economy will grow by 4.4% in 2021, ranking in the middle of ASEAN countries, behind Vietnam, Malaysia, the Philippines, and Laos. The International Monetary Fund is more optimistic, predicting that Indonesia’s GDP will grow by 4.8% in 2021. The Indonesian Affairs Officer of the International Monetary Fund, Herbrin, said that the Indonesian economy has begun to rebound since the second half of 2020 and is currently in a positive state with optimistic prospects.


Source: China – ASEAN Business Council