IMF Economic Projection Of The Republic Of Indonesia 2025 Grows 5.1 Percent, Airlangga Reveals Positive Investment Signal

Coordinating Minister for Economic Affairs (Menko) Airlangga Hartarto. (Photo: Doc. ANTARA)

JAKARTA - The International Monetary Fund (IMF) projects that Indonesia's economic growth will be at the level of 5.1 percent by 2025.

Reporting from the official website of the International Monetary Fund as of October 2024, the global economic outlook for 2024 is projected to grow at the level of 3.2 percent and is projected to grow stagnantly at the level of 3.2 percent by 2025.

As for developed countries, economic growth in 2025 is projected to be at the level of 1.8 percent and for emerging market countries and economies development is projected to be at the level of 4.2 percent by 2025.

Meanwhile, through the official upload of the Instagram account @the_imf, the IMF said Indonesia had succeeded in carrying out extraordinary economic transformation in the last two decades.

The IMF also states that Indonesia has succeeded in upgrading its Gross Domestic Product (GDP) fourfold and reducing the poverty rate tenfold over the past two decades.

Responding to the upload, Coordinating Minister for Economic Affairs Airlangga Hartarto conveyed Indonesia's success in maintaining economic fundamentals to maintain a strong signal for the world to continue investing in Indonesia.

"This confirms Indonesia's success in maintaining economic fundamentals to remain strong and at the same time provide a signal for the world to continue to make Indonesia a good destination for investment," he said in his statement, quoted on Tuesday, December 31.

On the other hand, the IMF says that Indonesia is a vast archipelagic country in Southeast Asia with 270 million inhabitants, spanning 3,300 miles from west to east that has the same distance from London to Kabul, has quadrupled its GDP to 1.4 trillion US dollars.

Furthermore, the IMF also states that the number of Indonesians living with revenues of less than US$2.15 per day has decreased tenfold to less than 2 percent.

In addition, DKI Jakarta recorded revenues that are almost equivalent to several European countries such as Poland and Portugal.