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Country Forecast Indonesia Updater Product Image

Country Forecast Indonesia Updater

  • Published: July 2014
  • Region: Indonesia
  • 17 Pages
  • The Economist Intelligence Unit

Joko Widodo (known locally as Jokowi), the reformist governor of the capital, Jakarta, claimed victory in the presidential election held on July 9th after normally reliable "quick-count" polls suggested that he had narrowly defeated his only rival, Prabowo Subianto. Although Mr Subianto has yet to concede defeat, we expect him to do so once an official result is released after July 20th.

Assuming that he begins a five-year presidential term in October, Jokowi will break the dominance that a handful of elite families have long maintained over the political scene. Priorities for his administration will include institutional reform, tackling corruption and expanding public services. Economic policy will retain a nationalist tilt, at least until the latter years of the forecast period.

Such reforms would help to improve the business environment, but implementation is likely to prove challenging. Although Jokowi's party, Indonesian Democratic Party-Struggle (PDI-P), will be the largest party in the new legislature that will convene in October, it commands only 19% of the seats. It will need to maintain a series of alliances in order to build even a minority government.

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 2014-18: Political stability

Outlook for 2014-18: Election watch

Outlook for 2014-18: International relations

Outlook for 2014-18: Policy trends

Outlook for 2014-18: Fiscal policy

Outlook for 2014-18: Monetary policy

Outlook for 2014-18: Economic growth

Outlook for 2014-18: Inflation

Outlook for 2014-18: Exchange rates

Outlook for 2014-18: 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

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