THE RELATIONSHIP BETWEEN INDONESIA’S GROSS DOMESTIC PRODUCT AND INDONESIA-BRIC EXPORT IMPORT

Abstract

Economic growth has been known as one important factor in determining the country performance. Gross Domestic Product (GDP) can be used to know the economic growth in a country. GDP is actually a number of data collected by the government that shows economic activities in a country within a specific period. One factor inside the GDP is export import. Export and import is a significant indicator in GDP, because export and import is the real activities of selling and buying goods and services across the country. Indonesia has been known as one of the biggest country in export activities. But, now there are some countries that have more power in export. Brazil, Russia, India and China (BRIC) are predicted to be the biggest exporter countries. In this research, the researcher try to analyze the relation between Indonesia’s GDP and export import Indonesia – BRIC countries. The research method in this research is descriptive statistic and simple linear regression method with 32 pairs data. The result of this research shows that there is a significant level of correlation between Indonesia GDP and export import of Indonesia and BRIC countries. The statistical results show a very strong and positive correlation has been happened between Indonesia GDP and export import of Indonesia and BRIC countries.