Macroeconomics

Indonesia's Budget Deficit in 2024 at 2.3% of GDP

January 06, 2025, 11.46 AM | Source: Reuters
Indonesia's Budget Deficit in 2024 at 2.3% of GDP

ILUSTRASI. Indonesia's unaudited budget deficit for the 2024 fiscal year was 2.29% of GDP, smaller than the finance ministry's earlier estimate.

STATE BUDGET - JAKARTA. Indonesia's unaudited budget deficit for the 2024 fiscal year was 2.29% of GDP, smaller than the finance ministry's earlier estimate but bigger than that of 2023, official data showed on Monday.

Southeast Asia's largest economy had previously estimated a budget gap of 2.7% of GDP for all of 2024. In 2023, it had a deficit of 1.61% of GDP.

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