Indonesia’s economy expanded 5.03% in 2024, a slight slowing from 5.05% in 2023, BPS-Statistics Indonesia reported on 5 February 2025. GDP at current market prices reached IDR22,139 trillion, while GDP per person was IDR78.6 million, or US$4,960.3.
Fourth-quarter output grew 5.02% from a year earlier and 0.53% from the preceding quarter. These comparisons answer different questions: the annual rate tracks a year of change, while the quarterly measure describes the movement within late 2024.
Other services recorded the strongest annual production growth, rising 9.80%. On the expenditure side, consumption by nonprofit institutions serving households rose 12.48%. Goods and services exports increased 7.63% year on year in the fourth quarter.
Java remained central to the country’s economic geography, accounting for 57.02% of output and recording 4.92% growth. For businesses, that concentration matters when assessing the size of regional markets. This historical briefing preserves the release’s original estimates and reporting period.