Indonesia's ranking has risen in the ranks of countries with the largest economies in the world. The International Monetary Fund (IMF) noted that Indonesia's ranking has increased to 7th position with the largest economy in the world in January 2025 with a GDP of USD 4.98 trillion. The increase is based on Gross Domestic Product (GDP) adjusted for purchasing power parity (PPP). However, Center of Reform on Economic or CORE Indonesia Economist, Yusuf Rendy Manilet said, in line with the IMF projection, what the government needs to pay attention to is the quality of Indonesia's GDP growth. According to him, the inequality rate in Indonesia is still relatively high so that the GDP figure which measures in aggregate is not inclusive for all groups. As well as efforts to reduce the level of inequality, it is also an effort to maintain economic development in the long term.
When talking about rankings, Yusuf assessed that Indonesia's ranking based on IMF calculations could increase. The requirement is to improve the GDP structure itself. The GDP structure consists of the three largest business fields that contribute to total GDP. Starting from the manufacturing industry, agriculture and plantations and trade. However, according to him, maintaining the growth of these three sectors is not easy because of some problems, such as limited investment and also the investment ecosystem or political stability. He assessed that the government's focus is actually not on the IMF ranking, but how the government's efforts are directed at improving the quality of growth itself. Things like encouraging industrialization and also paying attention to aspects of development related to the quality of growth are relatively more important. Yusuf added that the IMF ranking has limitations because other aspects such as growth quality are not measured. For information, in the last five years from 2019 to 2025, Indonesia experienced an increase in GDP growth.
