Jakarta, Feb. 18 -- Indonesia is now the eighth-largest economy in the world based on its gross domestic product (GDP) and has a vital role in the Global South, Coordinating Minister for Economic Affairs Airlangga Hartarto has said.

According to the International Monetary Fund (IMF), in 2024, Indonesia's GDP reached around US$4.7 trillion, higher than that of France (USD 4.36 trillion) and the United Kingdom (USD4.28 trillion).

"Indonesia has a GDP of around USD4.7 trillion. This makes Indonesia the eighth-largest economy in the world. Indonesia is an important part of the Global South," Hartarto said while delivering a speech at the Indonesia Economic Summit (IES) 2025 here on Tuesday.

He noted that Indonesia's economic growth reached...