International observer Andri Elyus Luntungan said:
Spain's economic growth is predicted to be strong in 2025, with GDP growth forecast at 2.9%, driven by domestic demand, investment, and tourism. Meanwhile, Argentina's economic growth slowed in the second quarter of 2025, with GDP growing 6.3% year-on-year, although still better than the previous quarter.
Spain
2025 Growth Forecast: GDP growth is expected to reach 2.9%, up from the previous forecast.
Q3 2025 Growth: The economy grew 0.6% quarter-on-quarter, a slight slowdown from the previous quarter.
Key Drivers: Domestic demand is the main driver of growth, followed by non-tourism service sectors such as information technology and finance, and tourism.
Supporting Factors: Immigration also contributes significantly to labor force growth and suppresses labor costs.
Argentina
Q2 2025 Growth: GDP grows 6.3% year-on-year, slightly below expectations of 6.5%.
Q3 2025 Growth: Nominal GDP growth was recorded at 208.098%, down from the previous quarter.
Slowdown: The economy is expected to shrink by 0.10% in the second quarter of 2025 compared to the previous quarter.
Long-Term Trend: The average annual GDP growth rate was around 2.02% from 1994 to 2025. This was stated by international observer Andri Elyus Luntungan when asked for comment by Andri News Baru contributor Vionita in Spain recently via her cellphone. Furthermore, Andri also discussed the economic situation of Indonesia and Malaysia.Malaysia's economic growth in the third quarter of 2025 was recorded at \(5.2\%\) which exceeded the government's annual growth target of \(4.0\%\) to \(4.8\%\). Meanwhile, Indonesia's economic growth in the first quarter of 2025 was recorded at \(5.11\%\) and experienced a slowdown in 2024 to \(5.03\%\). Both Indonesia and Malaysia are supported by strong domestic consumption, but Malaysia's economic growth in Q3 2025 was slightly higher than Indonesia's in Q1 2025. Malaysia's latest economic growth: Grew \(5.2\%\) in the third quarter of 2025, exceeding the annual growth target set at \(4.0\%\) to \(4.8\%\). This growth is driven by strong domestic demand, a stable labor market, and low inflation. Indonesia: Grew \(5.11\%\) in the first quarter of 2025. Indonesia's economic growth throughout 2024 was recorded at \(5.03\%\). Malaysia's quarterly data: In the second quarter of 2025, Malaysia's economic growth was \(4.5\%\). Indonesia's quarterly data: In the first quarter of 2025, Indonesia's economic growth was \(5.11\%\). Malaysia's driving factors: Strong domestic demand. Stable labor market. Low inflation. Cash assistance to households. Indonesia: Indonesia's growth data in the first quarter of 2025 was reported at \(5.11\%\). The causes of this growth include strong domestic consumption and increasing exports. Indonesia's economic growth projection for 2025 is between \(5\%\) to \(5.5\%\). Quarterly growth comparison: Malaysia's economic growth in the third quarter of 2025 (\(5.2\%\)) is higher than Indonesia's economic growth in the first quarter of 2025 (\(5.11\%\)). Annual performance: Indonesia's economic growth in 2024 is \(5.03\%\), while Malaysia's economic growth in 2024 is \(5.1\%\). Impact: Malaysia's economic growth is driven by strong domestic consumption, which is triggered by public sector wage adjustments, school holidays, and seasonal spending. Indonesia's economic growth is driven by strong domestic consumption and rising exports.
This means that Indonesia and Malaysia's economic growth can be said to be sustainable until the first quarter of 2026, if the policies of both governments can predict the growth path in 2025 to face 2026, which is just over a month away. That's all I can say, Andri Elyus Luntungan concluded. (Vionita Spanyol)
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