Economic news
Indonesia’s budget deficit in 2024 at 2.3% of GDP
2025.01.05 23:15
JAKARTA (Reuters) – Indonesia’s unaudited budget deficit for the 2024 fiscal year was 2.29% of GDP, smaller than the finance ministry’s earlier estimate but bigger than that of 2023, official data showed on Monday.
Southeast Asia’s largest economy had previously estimated a budget gap of 2.7% of GDP for all of 2024. In 2023, it had a deficit of 1.61% of GDP.
The deficit forecast for 2025 is 2.53% of GDP.
