Indonesia GDP Growth (1961-2023)
Indonesia's GDP growth rate fluctuated significantly from 1961 to 2023, reflecting the country's economic resilience and challenges. In the late 1960s, GDP grew sharply, reaching in 1968, bolstered by government reforms and a shift toward export-oriented policies. The 1980s saw robust growth, especially in 1980 with a increase, due in part to rising oil revenues. However, the 1998 Asian Financial Crisis had a severe impact, contracting the GDP by . Recovery followed, with a stable 5- growth rate in the 2000s, despite global economic pressures. The COVID-19 pandemic in 2020 caused a contraction of -, but the economy rebounded with a growth rate in 2022, as demand and investment recovered.
Gain a broader perspective by reviewing Indonesia’s unemployment rate stats, Indonesia’s agricultural GDP share, Indonesia’s urbanization increase.
