REPUBLIKA.CO.ID, JAKARTA - Head of BPS Suryamin said that the GDP structure in 2013 was still dominated by household spending that grew 55.82 percent, gross fixed capital formation rose 31.66 percent, exports increased 23.74 percent, imports rose 25.74 percent, and government spending increased 9.12 percent.
The BPS chief elaborated that Indonesias GDP in 2013, based on current prices, reached 9,084 trillion IDR while it reached 2,770.3 trillion IDR based on constant prices. The GDP per capita based on current prices in the year reached 36.5 million IDR (equivalent with 3,499.9 USD) up 8.88 percent, as compared to that of 2012, which was recorded at 33.5 million IDR or 3,583.2 USD.
Suryamin explained that based on expenditures, Indonesias economic growth in 2013 was driven by exports that grew 5.3 percent, household consumption increased 5.28 percent, government spending climbed 4.87 percent, gross fixed capital formation rose 4.71 percent, and imports increased 1.21 percent.
"Exports are improving due to effective government policies and depreciation of the rupiah exchange rate. In the meantime, the gross fixed capital formation was down because of a drop in capital goods imports such as machinery required for production. This has affected investment," he pointed out.