• USD/IDR14.900
  • SUN92,51 0,63%
  • EMAS612.058 0,50%

GDP up 5.07 percent in 2017 despite slow growth in govt spending

Senin, 05 Februari 2018 / 16:56 WIB

GDP up 5.07 percent in 2017 despite slow growth in govt spending
ILUSTRASI. Pekerja Beraktivitas Pada Pembangunan Gedung

KONTAN.CO.ID - JAKARTA. The Indonesian economy grew 5.19 percent year-on-year (yoy) in the fourth quarter of 2017, slightly above the 5.06 percent recorded in the previous quarter, the Central Statistics Agency (BPS) announced on Monday.

The latest figure brings full-year economic growth for 2017 to 5.07 percent, well below the government’s state budget assumption of 5.2 percent.

However, economic growth in 2017 was higher than the 5.03 percent recorded in 2016.

Exports rose by 8.5 percent yoy in the fourth quarter, yet trade failed to contribute to GDP growth, as imports increased at a faster rate of 11.81 percent over the same period.

Government spending grew 3.81 percent yoy in the fourth quarter, while investment increased 7.27 percent.

“All of the [GDP] components grew positively, with exports recording the highest growth,” BPS head Suhariyanto said in a press briefing on Monday.

Household spending, which accounted for more than half of the GDP, grew 4.97 percent yoy in the fourth quarter, slightly above the 4.93 percent booked in the previous quarter.

The latest data saw household spending grow 4.95 percent in 2017. Government spending and investment increased by 2.14 percent and 6.15 percent, respectively, over the same period. Exports, meanwhile, were up 9.09 percent and imports 8.06 percent.

As the economy expanded in 2017, Indonesia’s GDP per capita also increased to US$3,876.6 from $3,605.1 recorded in 2016.

Sumber : The Jakarta Post
Editor: Barratut Taqiyyah Rafie


Seleksi CPNS 2018
Hubungi Kami
Redaksi : Gedung KONTAN,
Jalan Kebayoran Lama No. 1119 Jakarta 12210.
021 5357636/5328134
Iklan : Gedung KOMPAS GRAMEDIA Unit 2
Lt 2 Jl. Palmerah selatan 22-28
Jakarta Selatan 10740.
021 53679909/5483008 ext 7304,7306
2018 © All rights reserved
Sitemap | Profile | Term of Use | Pedoman Pemberitaan Media Siber | Privacy Policy

diagnostic_api_kiri = 0.0008 || diagnostic_api_kanan = 0.0820 || diagnostic_web = 0.3740