From 2013 to 2017, Indonesia's rice production showed a positive growth trend with minimal year-on-year fluctuations. However, a significant drop occurred in 2018, leading to a downward trajectory that reached its lowest point in 2020. Recovery started in 2021 and continued through 2022 and 2023, where year-on-year growth was approximately 4.79%. By 2023, the production stood at 55.48 million metric tons. Over the past five years, the compound annual growth rate (CAGR) was recorded at -1.29% due to the previous declines.
Looking forward from 2024 to 2028, forecasted data indicates a stable but slow growth with a forecasted five-year CAGR of 0.39% and a cumulative growth rate of 1.95%. Future trends to watch for include advancements in agricultural technology, government policies on agriculture, climate variations, and the global rice market's influence on production levels.
