high performance DOTP Performance 11 March 2024 Indonesia

  • high performance DOTP Performance 11 March 2024 Indonesia
  • high performance DOTP Performance 11 March 2024 Indonesia
  • high performance DOTP Performance 11 March 2024 Indonesia
  • How did Indonesia's economy perform in Q1 2024?
  • Domestically, the Indonesian economy grew by 5.05% year on year (“YoY”) in Q1 2024, amidst the weakening global economy. This performance, albeit slightly below the previous year's 5.31%, is noteworthy in the context of prevailing global economic challenges.
  • How will Indonesia achieve a low-carbon economy in 2024?
  • nesia to a low-carbon economy. Indonesia also started the OECD accession process, which would drive long-needed structural reforms to achieve a vanced economy status by 2045.The 2024 economic outlook remains positive, started by solid economic growth in Q1 2024 (5.1%), boosted by strong domestic consumption following election activi
  • What will Indonesia's economic growth look like in 2024?
  • Domestic consumption, which contributed 57% to Indonesia’s GDP in 2023, is expected to remain a key economic driver in 2024. This will be bolstered by increased election-related spending and an 8% salary hike for 3.7 million civil servants, likely boosting economic activity.
  • How resilient is Indonesia's economy in the first quarter of 2024?
  • Container loading and unloading at Soekarno Hatta Port, Makassar, South Sulawesi. The resilience of the Indonesian economy amid increasing global uncertainty has been reflected in the economic growth in the first quarter of 2024, which stood at 5.11 percent year on year. (ANTARA FOTO/Arnas Padda/yu/hp)
  • Which sectors have a high FPI score in Q1 2024?
  • Out of the five largest sectors by market capitalization, in Q1 2024, all sectors had a FPI score greater than 90, except for financial services (87) and technology and telecommunication (88). While consumer markets (74) registered FPI score of below 85.
  • Why did FPI score decline in Q1 2024?
  • Consumer markets, infrastructure and real estate, and packaging products experienced significant declines in FPI sector scores in Q1 2024, largely due to significant downfall in retailers, real estate development and diversified activities and paper containers and boxes sub-sectors, respectively.

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