JAKARTA - The International Monetary Fund (IMF) revised Indonesia's economic growth projection in 2025 to only 4.7 percent. This figure is lower when compared to the previous projection which reached 5.1 percent.
Meanwhile, this is stated in the latest report on the April 2025 edition of the World Economic Outlook, where the revision is in line with the slowdown in economic growth in Asean 5 countries such as Indonesia, Malaysia, the Philippines, Singapore, and Thailand.
Where overall the region is estimated to only grow 4.0 percent by 2025, this figure is lower than in 2024 by 4.6 percent.
The decline in projection reflects the increasing external pressure due to global trade tensions and weakening world demand.
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"The growth in Asia and developing countries, particularly ASEAN countries, is one of the countries most affected by the trade rates imposed in April," the IMF wrote in its report, quoted Wednesday, April 23.
However, the IMF revealed that Indonesia's growth was still relatively strong compared to the global average growth of only 2.8 percent in 2025.
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