Savills

Publication

Jakarta Office - February 2020

2019 has been a tough period for the global economy with trade tension between US and China and recessions in some countries. 

World GDP growth recorded its weakest pace since GFC a decade ago, reflecting common influences across regions and country-specific factors.

While economy this year is predicted to grow moderately, many expect that the bottom has passed. Yet, downside risks remain with US-Iran conflict, surmounting debts worldwide and unfinished trade talks – these may hamper global recovery.

As As part of the open market, Indonesia cannot escape from various global issues. In order to achieve economic target, the country should quickly response and put a balance between sustaining growth momentum and maintaining macroeconomic and financial stability.