Top 10 Largest Economies in 2023: Is the US Still Ahead of China?

Top 10 Largest Economies in 2023: Is the US Still Ahead of China?

The World’s Top 10 Economies in 2025: A Deep Dive‍ into Global GDP Rankings ‌ Jakarta – A‍ country’s economic success is often‌ measured by its ⁤ gross Domestic Product (GDP), a key indicator of economic health. According to the Central Statistics Agency (BPS), GDP represents ⁤the total value of goods adn services produced within … Read more

IMF Raises China’s Economic Growth Forecast for 2023 and 2024

IMF Raises China’s Economic Growth Forecast for 2023 and 2024

Jakarta, CNBC Indonesia – The International Monetary Fund (IMF) raised its forecast for China’s economic growth in 2023, Tuesday (7/11/2023). The increase in forecasts was driven by stronger consumption reasons and newly announced policies by Beijing. The IMF said it saw gross domestic product (GDP) increasing 5.4% this year, compared with its previous forecast of … Read more

Indonesia’s Economic Growth to Slow Down in Third Quarter 2023: Experts

Indonesia’s Economic Growth to Slow Down in Third Quarter 2023: Experts

Jakarta, CNBC Indonesia– Indonesia’s economic growth in the third quarter of 2023 is expected to slow down in line with the decline in public consumption and exports. The Central Statistics Agency (BPS) will announce economic growth data for the third quarter of 2023 on Monday (6/11/2023).Gathered market consensus CNBC Indonesia of 12 institutions estimates economic … Read more

Indonesia’s Current Account Deficit in Q2 2023: Impact on Balance of Payments and Foreign Investors

Indonesia’s Current Account Deficit in Q2 2023: Impact on Balance of Payments and Foreign Investors

The current account recorded a deficit in the second quarter of 2023 as well as Indonesia’s balance of paymentsThe sluggish export and the large investment payments by foreign investors in Indonesia have resulted in a current account deficitForeign investors chose to flee from the Indonesian financial market, thereby creating a deficit in the financial transaction … Read more

Ouch! There’s a New Warning from the IMF, Asia Could Suffer

Ouch!  There’s a New Warning from the IMF, Asia Could Suffer

Jakarta, CNBC Indonesia – The International Monetary Fund (IMF) has again issued a warning regarding the risk of fragmentation in the global economy. In her latest note released Monday (16/1/2023), IMF Managing Director Kristalina Georgieva said the disintegration of trade and technological change had hurt some communities. Public support for economic openness has declined in … Read more