Forecast: Total Tourism GDP in Indonesia

The forecast for Indonesia's Total Tourism GDP shows a gradual and consistent increase from 2024 to 2028, starting at 2.06% of Gross Value Added in 2024 and reaching 2.08% by 2028. Key data points indicate a steady year-on-year growth, averaging around 0.5% annually.

When compared to 2023, the growth trend is positive but relatively modest, suggesting that the tourism sector is experiencing incremental rather than exponential growth. The Compound Annual Growth Rate (CAGR) over the five-year period also supports this, demonstrating a consistent but slow-paced increase.

Future trends to watch for:

• Impact of global economic conditions and geopolitical stability on tourism.
• Indonesia's investments in tourism infrastructure and marketing campaigns.
• Global travel behavior changes post-pandemic, including preferences for destinations and travel safety concerns.
• Potential development in domestic tourism, driven by a growing middle class.
• Technological advancements in the tourism sector, such as digital tourism experiences and services.