Indonesia’s economy 2024

Indonesia’s economy 2024: growth, challenges, and opportunities

Indonesia’s economy grew 5.03% in 2024, driven by transportation, warehousing, and F&B sectors. However, manufacturing struggles, and consumer confidence is weakening, impacting spending and job prospects. Despite challenges, retail sales remain strong, and inflation is well-managed, ensuring stability. Foreign Direct Investment (FDI) remains crucial, though investors are cautious amid political transitions. As Indonesia moves into 2025, the economy faces both resilience and uncertainty.

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