Indonesia’s Economic Growth Forecasting

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 inv...

Full description

Bibliographic Details
Main Authors: Muhammad Teguh, Abdul Bashir
Format: Article
Language:English
Published: Fakultas Ekonomi Universitas Sriwijaya 2019-07-01
Series:Sriwijaya International Journal of Dynamic Economics and Business
Subjects:
Online Access:http://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/142
Description
Summary: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
ISSN:2581-2904
2581-2912