Business Data

Indonesia shipping report Q3 2013 : includes 5-year forecasts to 2017

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Our outlook for the Indonesian economy remains unchanged since our last quarterly report. BMI continues to forecast GDP growth of 6.1% in 2013, rising to 6.4% in 2014. The big driver of this growth is domestic consumer spending, which represents around 55% of GDP. Coupled with good fundamentals and gradual improvements in the operating environment as a result of government reforms, this has given Indonesia significant resilience against external headwinds. One of the main concerns on the latter front has been the deterioration in the terms of trade over the last year, with the prices of key exports seeing sharp falls: palm oil prices fell 33.4% since May 2012, and coal prices slumped by 17.2%. On the plus side we think these commodity prices are now stabilising. Political risk may increase in the run-up to the 2014 general elections and we remain concerned over the temptation to follow populist economic policies (the current government plans to ban unprocessed mineral exports in 2014 as a way of ensuring that more value-added refining and processing remains within the country). Overall however, Indonesia is set to see steady growth which will offer support to the shipping and ports sector In fact, over the next five years annual GDP growth is set to average 6.4%, confirming the country's status as one of the top performers in Asia.

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Ketersediaan

Informasi Detail

Judul Seri

Part of BMI’s Industry Report & Forecasts

No. Panggil

BD BMI i

Penerbit

London : BMI Research., 2013

Deskripsi Fisik

150 p.

Bahasa

English

ISBN/ISSN

2040-9745

Klasifikasi

BD

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

-

Subjek

SHIPPING REPORT
Indonesia

Info Detail Spesifik

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Pernyataan Tanggungjawab

BMI Research

Versi lain/terkait

Lampiran Berkas

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