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Indonesia GDP Annual Growth Rate

Indonesia's GDP annual growth rate fell to 5.03% in 2024, down from 5.05% in 2023, according to World Bank. This represents a decrease of 0.02% from the previous year. Indonesia has GDP annual growth rate higher than the global median (5.03% vs median 3.24%). Compared with the median in Asia, Indonesia is higher (5.03% vs regional median 3.76%) and ranks 13th out of 47 countries in Asia.

Indonesia's real GDP rose to $1.24 trillion in 2024, up from $1.18 trillion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 5.03%
2023 5.05%
2022 5.31%
2021 3.7%
2020 -2.07%
2019 5.02%
2018 5.17%
2017 5.07%
2016 5.03%
2015 4.88%
2014 5.01%
2013 5.56%
2012 6.03%
2011 6.17%
2010 6.22%
2009 4.63%
2008 6.01%
2007 6.35%
2006 5.5%
2005 5.69%
2004 5.03%
2003 4.78%
2002 4.5%
2001 3.64%
2000 4.92%
1999 0.79%
1998 -13.13%
1997 4.7%
1996 7.82%
1995 8.22%
1994 7.54%
1993 6.5%
1992 6.5%
1991 6.91%
1990 7.24%
1989 7.46%
1988 5.78%
1987 4.93%
1986 5.88%
1985 2.46%
1984 6.98%
1983 4.19%
1982 2.25%
1981 7.93%
1980 9.88%
1979 7.32%
1978 6.77%
1977 8.76%
1976 6.89%
1975 4.98%
1974 7.63%
1973 8.1%
1972 7.04%
1971 7.02%
1970 7.55%
1969 6.82%
1968 10.92%
1967 1.38%
1966 2.79%
1965 1.08%
1964 3.53%
1963 -2.24%
1962 1.84%
1961 5.74%
Indonesia GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Indonesia's total economic output.
Indicator Last Value Prior Value Period
GDP $1.4T $1.37T 2024
GDP Growth Rate (QoQ) 4% -1% Jun'25
GDP Growth Rate (YoY) 5.1% 4.9% Jun'25
GDP per Capita $4,367.86 $4,192.65 2024
GDP per Capita PPP $14,470.44 $13,889.97 2024
R&D Expenditure (% GDP) 0.28% 0.27% 2020
Real GDP $1.24T $1.18T 2024