Economic Outlook for 2025
By 2025, Indonesia’s per capita income is targeted to be in the range of USD 5,500 to 5,520. This target reflects the expectation of significant economic growth, driven by various sectors that play an important role in the national economy. The following is an analysis of the factors that are expected to support the per capita income target.
The manufacturing industry is targeted to grow in the range of 5.5 to 6.2%. This growth is expected to be achieved through several key factors such as industrial investment projects, increased domestic demand and trading partner countries as well as the sustainability of the Nusantara Capital City project.
The construction sector is targeted to grow in the range of 6.4 to 6.8%. This growth is fuelled by the development of the industrial sector, the construction of the Capital City of the Archipelago and the development of connectivity infrastructure.
In addition to the above, other productive service sectors are also expected to support economic growth. The transport sector is targeted to grow in the range of 6.4 to 6.9%. This growth will be driven by increased economic activity and investment in transport infrastructure.
The trade sector is expected to grow in the range of 5.1 to 5.4%. Factors driving this growth include rising incomes that will increase purchasing power and demand for goods and services and strong trade partnerships with other countries that will open up new export opportunities, expanding markets for local products.
The information and communication sector is targeted to grow in the range of 8.8 to 8.9%. The rapid growth of this sector will be supported by the development of information and communication technology and the increasing use of digital technology in business and daily life.
The per capita income target of USD 5,500 to 5,520 in 2025 reflects optimism for economic growth supported by various key sectors.
Growth in manufacturing and construction will be the main drivers, while productive service sectors such as transport, trade, and information and communication will also play an important role.
Success in achieving this target will depend on the effective implementation of investment projects, government policies, and the country’s ability to deal with global challenges.
Source: Bappenas
