Indonesia Moves Away from Recession

The government needs to continue to monitor the global condition and anticipate the worst that could happen at any time. It is necessary to simulate a variety of possible scenarios, from the best to the worst.

Indonesia's economic growth continued to show improved performance in the past year.

Gross domestic product (GDP) growth in the second quarter of 2021 was 3.51 percent year-on-year (yoy), and then increased to 5.02 percent in the fourth quarter of 2021. Then, it reached 5.01 percent in the first quarter of 2022 and then 5.44 percent in the second quarter of 2022.