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Economic Performance Not...

Economic Performance Not Optimized

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JAKARTA, KOMPAS  -- Indonesia’s economic growth in 2016 halted the declining trend that had been ongoing since 2011. However, the ability of Indonesia’s economy to grow remained sluggish due to weak performances in the industrial and agricultural sectors, as well as tax revenues remaining suboptimal.

Over the last 10 years, the country recorded its highest gross domestic product (GDP) growth of 6.17 percent in 2011. This high growth was more due to external factors, such as rising commodity prices.

However, the decline of commodity prices, which began in 2011, led to a slowdown in Indonesia\'s economy. During the past 10 years, the lowest annual economic growth was 4.88 percent, recorded in 2015. In 2014, the economy grew by 5.01 percent.