BMI View: Still Expecting 6.1% GDP Growth This Year 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 …
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