Indonesia's GDP expands 5.05 pct in 2023

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Indonesia's GDP expands 5.05 pct in 2023

STORY: Indonesia's GDP expands 5.05 pct in 2023 SHOOTING TIME: Feb. 5, 2024, FILE DATELINE: Feb. 6, 2024 LENGTH: 00:01:47 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1.various of press conference 2.various of trade and factories (file) 3.various of Jakarta-Bandung High-speed Railway (file) 4.various of supermarkets (file) 5.various of ports (file) STORYLINE: The Indonesian economy expanded 5.05 percent year-on-year in 2023, lower than the previous year's 5.31 percent, Statistics Indonesia (BPS) announced on Monday. The gross domestic product (GDP) grew on a quarterly basis from 4.94 percent in the third quarter from July to September 2023 to 5.04 percent in the last quarter of 2023. "Despite the global economic slowdown and declining prices for major commodities, Indonesia's GDP is still expanding steadily at a rate of 5.05 percent," said acting head of the BPS Amalia Widyasanti at a press conference. The islands with the biggest GDP increase were Kalimantan, the site of a new capital city un

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