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View all search resultsThe fourth quarter, which historically provides a seasonal boost for the economy, offers a window for Indonesia to strengthen its performance and move closer to the full-year government growth target of 5.2 percent.
s we are in the middle of this year’s final quarter, this is the moment to evaluate and fully leverage the economic growth momentum.
The fourth quarter (Q4), which historically provides a seasonal boost for the economy, offers a window for Indonesia to strengthen its performance and move closer to the full-year government growth target of 5.2 percent.
The broader question now is not only whether Indonesia can maintain stability, but whether we can take a meaningful step forward as we approach the end of the year.
Amid an increasingly competitive and fragmented global economy, many of our regional peers have advanced rapidly by moving into higher value-added sectors and deepening their industrial capabilities.
As these countries forge ahead, Indonesia must reflect on how to pursue transformation while staying aligned with our own economic strengths and characteristics. One of the most valuable lessons for Indonesia comes from observing successful economic transformations in the region.
Vietnam is often cited as a leading example as it invested in manufacturing capacity, improved labor market readiness and built policies that directly support export competitiveness. This long-term commitment eventually allowed Vietnam to evolve into a major manufacturing hub in Asia, attracting global supply chains and benefiting from strong export-led growth, enabling the country to post around 8 percent economic expansion.
India also offers an important point of reference, particularly through its success in building a competitive technology and digital-services ecosystem. Malaysia, meanwhile, has continued to capitalize on its natural resources, strong logistics network and proximity to major markets to reinforce its industrial base and role in regional supply chains.
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