Indonesia’s economic growth projections 2023-2025: empirical data analysis

Rabiyatul Jasiyah; Oesman Raliby; Trie Hierdawati; Binar Dwiyanto Pamungkas; Septiana Ningtyas

Authors

Rabiyatul Jasiyah Universitas Muhammadiyah Button, Bau-Bau, Indonesia
Oesman Raliby Universitas Muhammadiyah Magelang, Indonesia
Trie Hierdawati Prodi Ekonomi Pembangunan, Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Jambi
Binar Dwiyanto Pamungkas Universitas Samawa, Sumbawa, Indonesia
Septiana Ningtyas Institut Teknologi dan Bisnis Swadharma, Jakarta Barat, Indonesia

Keywords:

Economic Growth, 2023-2025 Projection, Digital Transformation, Investment Infrastructure

Abstract

Projections for Indonesia's economic growth from 2023 to 2025 will be examined, with particular attention given to global concerns such as globalization and climate change. The report employs empirical data analysis to identify significant trends and sectors, while also addressing obstacles such as global uncertainty, sluggish digital change, and subpar infrastructure. The suggested approaches encompass economic diversification, investment in infrastructure, expedited digital transformation, legal restructuring, education, adaptable fiscal policy, and cooperation. It is anticipated that the execution of these policies will enhance economic growth, improve the well-being of individuals, and strengthen global competitiveness. This will be achieved through greater average income per person, decreased poverty rates, boosted exports, and improved investment opportunities. Ultimately, this study underscores the importance of adopting a comprehensive strategy to attain Indonesia's economic growth objectives for the period of 2023-2025, with the collaboration of the government, private sector, and society.

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