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Indonesia’s Economic Growth Forecasting

Authors :
Muhammad Teguh
Abdul Bashir
Source :
Sriwijaya International Journal of Dynamic Economics and Business, Vol 3, Iss 2, Pp 134-145 (2019)
Publication Year :
2019
Publisher :
Fakultas Ekonomi Universitas Sriwijaya, 2019.

Abstract

The high economic growth is very important for Indonesia to accelerate the development process at this period. Although, the growth rate was reached at 5.17 % in 2018 is likely high enough, some domestic economists even point out, it really can be raised to a higher level. This research tries to investigate and formulate again Indonesia’s economic growth rate in 2018 and forecast it for 2019. By doing analysis recent real GDP data by industrial origin and by type of expenditures, and also consider all of the available potential economic resources, this research shows that Indonesia’s economic growth rate could stand at 6.03 % in 2018 and also at 6.03 % in 2019. Anyway, the government need a good economic plan and consistently performing appropriate strategies which are suited to targets in order to have rapid and stable economic growth rate

Details

Language :
English
ISSN :
25812904 and 25812912
Volume :
3
Issue :
2
Database :
Directory of Open Access Journals
Journal :
Sriwijaya International Journal of Dynamic Economics and Business
Publication Type :
Academic Journal
Accession number :
edsdoj.5e7b356f5a064fe280f571b2f650eef5
Document Type :
article
Full Text :
https://doi.org/10.29259/sijdeb.v3i2.134-145