GDP (current LCU), annual growth rate in Indonesia

Indonesia: GDP (current LCU), annual growth rate was 5.97 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.97 % change on previous year
Change on year
down 10.3%
World rank
135th
of 211 countries
All-time high
58.56 % change on previous year
in 1974
All-time low
-2.46 % change on previous year
in 2020
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Indonesia, 1971–2024

0204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Indonesia recorded 5.97 % change on previous year for gdp (current lcu), annual growth rate in 2024.

The figure is down 10.3% on the previous year and down 44.3% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Indonesia peaked at 58.56 % change on previous year in 1974 and was at its lowest, -2.46 % change on previous year, in 2020.

Indonesia ranks 135th of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Indonesia, year by year

Annual values for GDP (current LCU), annual growth rate in Indonesia, 1971 to 2024.
Year % change on previous year Change
1971 9.94 % change on previous year
1972 24.29 % change on previous year +144.4%
1973 47.97 % change on previous year +97.5%
1974 58.56 % change on previous year +22.1%
1975 18.07 % change on previous year -69.1%
1976 22.34 % change on previous year +23.7%
1977 22.91 % change on previous year +2.6%
1978 19.65 % change on previous year -14.3%
1979 40.8 % change on previous year +107.6%
1980 41.91 % change on previous year +2.7%
1981 18.88 % change on previous year -54.9%
1982 10.38 % change on previous year -45.1%
1983 23.59 % change on previous year +127.3%
1984 18.12 % change on previous year -23.2%
1985 8.81 % change on previous year -51.4%
1986 8.26 % change on previous year -6.2%
1987 21.72 % change on previous year +162.9%
1988 13.85 % change on previous year -36.2%
1989 17.65 % change on previous year +27.4%
1990 16.99 % change on previous year -3.7%
1991 16.29 % change on previous year -4.2%
1992 14.26 % change on previous year -12.4%
1993 26.89 % change on previous year +88.6%
1994 15.9 % change on previous year -40.9%
1995 18.91 % change on previous year +18.9%
1996 17.17 % change on previous year -9.2%
1997 17.86 % change on previous year +4.0%
1998 52.26 % change on previous year +192.6%
1999 15.06 % change on previous year -71.2%
2000 26.37 % change on previous year +75.1%
2001 18.46 % change on previous year -30.0%
2002 10.66 % change on previous year -42.2%
2003 10.53 % change on previous year -1.2%
2004 14.01 % change on previous year +33.1%
2005 20.84 % change on previous year +48.7%
2006 20.36 % change on previous year -2.3%
2007 18.32 % change on previous year -10.0%
2008 25.26 % change on previous year +37.9%
2009 13.29 % change on previous year -47.4%
2010 22.44 % change on previous year +68.9%
2011 14.1 % change on previous year -37.2%
2012 10.01 % change on previous year -29.0%
2013 10.8 % change on previous year +7.9%
2014 10.72 % change on previous year -0.7%
2015 9.05 % change on previous year -15.6%
2016 7.59 % change on previous year -16.1%
2017 9.58 % change on previous year +26.1%
2018 9.19 % change on previous year -4.1%
2019 6.7 % change on previous year -27.1%
2020 -2.46 % change on previous year -136.7%
2021 9.93 % change on previous year -503.8%
2022 15.38 % change on previous year +54.9%
2023 6.66 % change on previous year -56.7%
2024 5.97 % change on previous year -10.3%

Indonesia compared with similar countries

  • Indonesia's 5.97 % change on previous year is below the median for upper middle income countries, which is 7.03 % change on previous year, 85% of the median. (58 countries reporting)
  • Indonesia's 5.97 % change on previous year is below the median for East Asia & Pacific, which is 7.63 % change on previous year, 78% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Indonesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +503.8% -2.46 % change on previous year 9.93 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 29.39 % change on previous year 9.94 % change on previous year 58.56 % change on previous year 9
1980s 18.32 % change on previous year 8.26 % change on previous year 41.91 % change on previous year 10
1990s 21.16 % change on previous year 14.26 % change on previous year 52.26 % change on previous year 10
2000s 17.81 % change on previous year 10.53 % change on previous year 26.37 % change on previous year 10
2010s 11.02 % change on previous year 6.7 % change on previous year 22.44 % change on previous year 10
2020s 7.1 % change on previous year -2.46 % change on previous year 15.38 % change on previous year 5

Countries ranked near Indonesia

  1. 132 Spain 6.23 % change on previous year compare
  2. 133 Micronesia (country) 6.2 % change on previous year compare
  3. 134 South Korea 6.15 % change on previous year compare
  4. 136 Turkmenistan 5.96 % change on previous year compare
  5. 137 Malaysia 5.94 % change on previous year compare
  6. 138 Maldives 5.85 % change on previous year compare

See the full ranking of 211 places →

More population data for Indonesia

All data for Indonesia →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Indonesia?
Gdp (current lcu), annual growth rate in Indonesia was 5.97 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Indonesia?
The highest recorded value was 58.56 % change on previous year in 1974.
What is the lowest gdp (current lcu), annual growth rate recorded in Indonesia?
The lowest recorded value was -2.46 % change on previous year in 2020.
How does Indonesia rank for gdp (current lcu), annual growth rate?
Indonesia ranks 135th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Indonesia?
Over the last ten years it is down 44.3%. The long-run trend across the full record is volatile.
Where does this Indonesia data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Indonesia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/indonesia/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.