Forecast: Food Gross Production in Indonesia

In 2023, Indonesia's food gross production stood at a significant benchmark as a precursor to the following forecasted growth years. Based on the data, Indonesia's food gross production is expected to see a steady increase from 74.229 billion USD PPP in 2024 to 78.147 billion USD PPP by 2028. Notably, the year-on-year percentage variation shows a consistent upward trend: 2024-2025 reflects a 1.34% increase, 2025-2026 indicates a 1.31% increase, 2026-2027 marks a 1.28% rise, and 2027-2028 a 1.25% increase. The Compound Annual Growth Rate (CAGR) over this five-year period forecasts an average annual growth of approximately 1.30%.

Future trends to watch for include increasing advancements in agricultural technology, sustainability practices, and potential impacts of climate change. Monitoring government policies and international trade dynamics will also be crucial as they can significantly affect production outputs and economic stability.

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