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Country Forecast Indonesia Updater Product Image

Country Forecast Indonesia Updater

  • ID: 2114052
  • November 2014
  • Region: Indonesia
  • 17 Pages
  • The Economist Intelligence Unit

Joko Widodo (known locally as Jokowi), the reformist former governor of the capital, Jakarta, began a five-year term as president on October 20th following his victory in the July election. He has broken the dominance that a handful of elite families have long exercised over politics in Indonesia.

Jokowi will face fierce resistance in the House of People's Representatives (DPR, the legislature). The defeated presidential candidate, Prabowo Subianto, has formed a majority "Red-White" coalition in the DPR to obstruct legislative business. However, The Economist Intelligence Unit believes that Mr Subianto will struggle to keep his coalition together given the narrowness of its agenda, and that parliamentary forces will eventually realign favourably for Jokowi.

An immediate priority for Jokowi's administration will be reducing the fuel subsidy bill to reduce pressures on the public finances and the current account. In the medium term its priorities include institutional reform, tackling corruption and expanding public services. Such reforms will help to improve social stability and lift economic growth, but implementation will prove halting.

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Country Forecast Indonesia Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Indonesia's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2015-19: Political stability

Outlook for 2015-19: Election watch

Outlook for 2015-19: International relations

Outlook for 2015-19: Policy trends

Outlook for 2015-19: Fiscal policy

Outlook for 2015-19: Monetary policy

Outlook for 2015-19: Economic growth

Outlook for 2015-19: Inflation

Outlook for 2015-19: Exchange rates

Outlook for 2015-19: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data
Abbreviations

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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