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Indonesia Economic Outlook 2011: GDP Growth, Inflation & Unemployment Rate

Written By Sukron Ma'mun on Wednesday, February 8, 2012 | 11:03 PM

Current Scenario of Indonesian Economy

The financial condition of almost every country has become quite stable in the last few months. As per the reports, the Asian countries have made significant development of late and reports also indicate that the Indonesian economy has recorded better growth than many other countries of the continent. If you are interested in the financial scene of this country, you can take a peek at the Indonesia economic outlook 2011.

The data and statistics of the Indonesian economic conditions of the ongoing year clearly indicate that the country has been making a stable growth in the last few months. The financial experts of the country as well as the world have forecasted that the financial scene of Indonesia is expected to be rosy in the coming days. The latest reports indicate that the overall economic condition of the country has developed from 6 to 6.5 percent.

According to the financial experts of Indonesia, the country is experiencing the golden period of its economy for the last few months. Businesses have made significant development since 2010 and the country is also attracting more investments in the present days. As the businesses are functioning quite comfortably in the present days, the economy of the country is expected to make great developments in the coming days.

Owing to the flourishing business and economic condition of the country, the inflation rate of the country has also dropped down significantly. It is also a positive sign for the investors. Indonesia inflation rate 2011 in the month of May was reported to be 5.98 percent which is quite low compared to those of the previous years’. The government of the country is taking steps to reduce the inflation rate further.

From 9.3 percent, the unemployment rate of the country was reported to be 6.8 percent in February, this year. Indonesia unemployment rate 2011 has also dropped down significantly as the vacancies in different companies have increased and more people are finding jobs according to their eligibility as well as preferences.

The financial condition of the country has developed in every sector. It has boosted the overall economic condition of the nation. If someone notices the Indonesia GDP growth of 2011 first quarter, he will find a growth of 6.5 percent, a figure which is also quite appreciating. The country has been drawing investment from several investors across the globe. It will boost its economic condition further. The government of the country has also adopted different measures to strengthen the financial condition and bring stability in its growth.


Source: http://www.financeninvestments.com/economics/indonesia-economic-outlook-2011.html" target="_blank">

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