Indonesia’s budget deficit in 2024 at 2.3% of GDP

01/05/2025

Less than a minute

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.

© Reuters. FILE PHOTO: An Indonesia Rupiah note is seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/ File Photo

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.

01/05/2025

Less than a minute

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