Forecast: Agriculture, Forestry and Seafood Gross Value Added in Indonesia

The Gross Value Added (GVA) for Agriculture, Forestry, and Seafood in Indonesia showed a declining trend from 2013, which stood at 4.2 units, to 2023, where it decreased to 2.05 units. The recent year-on-year variation reveals a continued downturn, with a significant negative CAGR of -11.24% forecasted over the next five years, culminating in a 44.9% decline by 2028.

Future trends to watch for include:

- Economic diversification efforts may further impact the agriculture sector.

- Advances in agricultural technology and sustainable practices could offer opportunities for stabilization.

- Climate change and governmental policy shifts may significantly influence these sectors moving forward.

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