Post-Election Indonesian Economic Growth Challenges

Indonesia's economy poses some hurdles in continuing its growth trajectory. Political transition adds uncertainty.

Yopie Hidayat

May 13, 2024

INDONESIA’s economy remains relatively robust. The latest data for the first quarter of 2024 shows the country’s Gross Domestic Product (GDP) expanding by 5.11 percent year to date, surpassing the 5.04 percent recorded in the fourth quarter of 2023.

Several factors have contributed to this notable growth. One significant catalyst was the massive influx of funds into the economy during the general elections in February. Trillions

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