Forecast: Agriculture, Forestry and Fishing Value Added in Indonesia

The agriculture, forestry, and fishing sector in Indonesia showed fluctuations over the past decade, with a peak in 2020 at 14.22 and a drop to 13.66 in 2023. From 2013 to 2019, there was a general downward trend with occasional growth spurts such as in 2015 and 2020. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 stands at an average of 0.46%, exhibiting slight positive trends despite downturns in individual years. From 2024 onwards, the sector is forecasted to remain stable with values around 13.65.

Future trends to watch for include:

  • The impact of technological advancements in agriculture on productivity and value-added.
  • Government policies and incentives aimed at boosting the sector.
  • Climate change and its effects on agriculture, forestry, and fishing yields.

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