Analisis Pengaruh Konsumsi, Investasi, Dan Belanja Pemerintah Terhadap PDB Di Indonesia: Pendekatan Data Time Series Tahun 1995-2024
DOI:
https://doi.org/10.63822/j14r8404Keywords:
Economic Growth, Consumption, Investment, Government Expenditure, GDPAbstract
This study aims to empirically examine the effect of consumption, investment, and government expenditure on Indonesia’s Gross Domestic Product (GDP) using time series data from 1995 to 2024. The research employs a quantitative approach with multiple linear regression analysis based on secondary data obtained from the World Bank. Classical assumption tests are conducted to ensure the validity of the econometric model. The results indicate that consumption and government expenditure have a positive effect on GDP, while investment does not show a statistically significant effect in the partial test. However, the simultaneous test reveals that consumption, investment, and government expenditure jointly have a significant impact on Indonesia’s GDP. The coefficient of determination shows that a large proportion of GDP variation can be explained by the variables included in the model. These findings suggest that household consumption and effective government spending play a crucial role in supporting economic growth, while the contribution of investment depends on structural and efficiency factors. The study provides important policy implications for strengthening fiscal effectiveness and promoting sustainable economic growth in IndonesiaDownloads
References
Amanda, R., & Murwiati, M. (2025). The impact of investment and government expenditure on regional economic growth in Indonesia. Journal of Regional Economic Development, 14(1), 45–60.
Aswar, A., Rahman, A., & Kadir, M. (2025). Government expenditure efficiency and investment effects on regional economic growth: Evidence from Gowa Regency. Jurnal Ekonomi Pembangunan Daerah, 10(2), 101–115.
Harun, H., Setiawan, D., & Pratiwi, R. (2021). Macroeconomic shocks and economic growth in Indonesia: Evidence from the Asian financial crisis and COVID-19 pandemic. Journal of Asian Economics, 75, 101320. https://doi.org/10.1016/j.asieco.2021.101320
Hayati, N., Prasetyo, A., & Lestari, D. (2024). Government consumption, investment expenditure, and economic growth in Indonesia. International Journal of Economics and Financial Issues, 14(2), 88–97.
Mangkosoebroto, G. (2014). Ekonomi publik. BPFE-Yogyakarta.
Mutia, R., Nanga, M., & Firdaus, M. (2019). Analysis of gross domestic product as an indicator of economic growth. Jurnal Ekonomi dan Kebijakan, 12(1), 1–12.
Nailufar, F., Hidayat, R., & Saputra, A. (2023). Government expenditure, domestic investment, and economic growth in Indonesia. Jurnal Ekonomi dan Studi Pembangunan, 24(3), 233–245.
Oktaria, D., Sari, P., & Wijaya, T. (2025). Household consumption, government spending, investment, and GDP growth in Indonesia. Journal of Indonesian Applied Economics, 9(1), 15–29.
Siregar, H., & Wardhana, A. (2023). Macroeconomic stability and post-pandemic economic recovery in Indonesia. Bulletin of Monetary Economics and Banking, 26(2), 189–210.
Sukirno, S. (2016). Makroekonomi: Teori pengantar (Edisi ke-3). RajaGrafindo Persada.
World Bank. (2022). Indonesia economic prospects: Boosting productivity. World Bank Group.
World Bank. (2025). World development indicators. World Bank Group. https://databank.worldbank.org/source/world-development-indicators
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Dilla Wijayati, Novita Della Sawitri, Annisah Aulia Fajarani (Author)

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.


