Effect Of Rupiah’s Exchange Rate, Singapore’s FDI Value And Export Value To Singapore On Indonesia’s Economic Growth In 2000-2017

ABSTRACT : Indonesia’s economic growth is influenced by factors from within and outside the country.Factors affecting Indonesia’s economic growth from abroad include the exchange rate, foreign direct investmentand exports. Singapore is a country in Southeast Asia that affects Indonesia’s economic growth through theexchange rate, foreign direct investment and exports. The purpose of this study is to find out how the rupiahexchange rate, Singapore’s FDI, the value of exports to Singapore affect Indonesia’s economic growth in the2000-2017 period. The data used are secondary time series (time series) data, analyzed by multiple linearregression. This study uses secondary data obtained from Bank Indonesia, the World Bank, and the CentralStatistics Agency. The results of this study indicate that Singapore’s FDI, and the value of exports to Singaporehave a positive and significant effect on Indonesia’s economic growth, while the rupiah exchange rate has anegative and significant effect on Indonesia’s economic growth. The results of this study indicate that the valueof exports to Singapore has a dominant influence on Indonesia’s economic growth.

Keywords -Exchange Rate, Foreign Direct Investment, Export Value, Economic Growth