International Journal For Multidisciplinary Research

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Macro-economic Analysis Between the Indian Economy and Indonesian Economy

Author(s) Kaleeshwari S., M. Jegadeeshwaran
Country India
Abstract Currently, Indonesia's gross domestic product is at 5. percent, an increase that indicates an economic recovery, Bloomberg says. And India is the fifth largest contributor to world GDP. The Indian economy has fully recovered from the pandemic situation. And recently, India has become the fifth-largest economy in the world, overtaking Great Britain. According to consultants, Indonesia should rise in the world economic rankings in the coming decades, rising to fourth place in 2016 by 2050. Because the economy of Indonesia returned from recession in the third quarter. Inflation, which averaged 1.6 percent last year, is expected to rise to 3.6 percent in 2022 due to a faster rise in raw material prices. The size of the Indian economy in nominal terms was 85.7 USD. The purpose of the report is to analyze selected economies and their selected economic factors using descriptive statistics.
Keywords Indian economy, Indonesian economy, performance, progress.
Field Mathematics > Economy / Commerce
Published In Volume 5, Issue 1, January-February 2023
Published On 2023-01-29
Cite This Macro-economic Analysis Between the Indian Economy and Indonesian Economy - Kaleeshwari S., M. Jegadeeshwaran - IJFMR Volume 5, Issue 1, January-February 2023. DOI 10.36948/ijfmr.2023.v05i01.1495
DOI https://doi.org/10.36948/ijfmr.2023.v05i01.1495
Short DOI https://doi.org/grp543

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