DeepNewz Markets

Market

Indonesia Q2 GDP Growth falls below 4.5%?

Indonesia•International Monetary Fund•IMF

Resolution / Starting Odds

Yes • 50%

No • 50%

Official GDP statistics released by Indonesia's Central Statistics Agency

Story

Indonesia's Q1 GDP Growth Hits 5.11%, Fastest Since Mid-2023

May 6, 2024, 04:30 AM

Indonesia's economy exhibited robust growth in the first quarter of 2024, with a GDP increase of 5.11% year-on-year, marking the fastest pace since mid-2023. This growth has been attributed to heightened government spending, and a boost from election and holiday-related expenditures. The performance surpassed economist forecasts and was primarily driven by strong domestic consumption, which helped mitigate the effects of a declining export sector. Additionally, the International Monetary Fund (IMF) projects Indonesia's GDP growth to continue at 5% in 2024, reflecting the country's ongoing economic resilience. As of 2023, Indonesia's GDP stood at $1.4 trillion.

View original story

Similar markets

Below 4.0% • 33%

U.S. Q2 GDP Core Price Index range

Below 3.5% • 33%

3.5% to 4% • 33%

Above 4% • 33%

U.S. Q2 GDP growth range

Below 1% • 33%

1% to 2% • 33%

Above 2% • 33%

What will be India's GDP growth rate in Q2 FY25?

Below 7% • 33%

7% - 8% • 33%

Above 8% • 33%

India's IIP growth rate for Q2 2024

Below 4% • 25%

4% to 4.5% • 25%

4.5% to 5% • 25%

Above 5% • 25%

Sri Lanka's GDP growth rate for 2024?

Less than 2% • 25%

2% to 3.9% • 25%

4% to 5.9% • 25%

6% or higher • 25%

Q2 US GDP growth rate range?

Less than 1% • 25%

1% to 2% • 25%

2% to 3% • 25%

More than 3% • 25%

Will China's GDP growth in Q2 2024 exceed 5%?

Above 5% • 50%

Below or equal to 5% • 50%

Japan's GDP growth rate for Q4 2024?

Below 0% • 33%

0-1% • 34%

Above 1% • 33%

GDP growth rate in Lithuania for 2025

Less than 2% • 25%

2% to 3.99% • 25%

4% to 5.99% • 25%

More than 6% • 25%