GDP growth rate for the construction sector in Indonesia 2014-2023
In 2023, the gross domestic product growth rate for the construction sector in Indonesia was estimated to be around five percent, indicating a sharp increase from the previous year. Due to the COVID-19 crisis, many infrastructure projects in 2020 in Indonesia had been on hold. A significant increase in growth was seen in 2021, but it slightly decreased in 2022 by about 0.8 percent.