Government spending and foreign debt significantly impact Indonesia's Gross Domestic Product.
The study looked at how government spending, domestic investment, and foreign debt affect Indonesia's economy. They used data from 1998 to 2021 and a statistical model to analyze the relationships. The results showed that government spending and foreign debt have a significant impact on Indonesia's GDP, while domestic investment does not. Together, these factors influence the country's economic growth. The analysis found that 98.57% of GDP changes can be explained by these variables, with the remaining 1.42% influenced by other factors.