The Influence of Foreign Tourists and Inflation on Economic Growth Through Airline Demand in Indonesia
Keywords:
GDP, Foreign Tourists, International Passengers, Inflation, ARDLAbstract
This study analyzes the influence of the tourism and air transportation sectors as strategic pillars for national economic growth, especially during the post-pandemic recovery period. This research aims to analyze the relationship between Foreign Tourist visits (NFT), the Number of International Passengers (NIP), and the Inflation rate on Gross Domestic Product (GDP) in Indonesia during the period 2010 to 2024. Specifically, this study reviews how international mobility dynamics and price stability affect macroeconomic performance. The results of the analysis reveal a close relationship between these variables in the long run. Foreign tourist visits and the number of international passengers are proven to provide a significant and positive contribution to the increase in national GDP. On the other hand, inflation during this observation period did not show a dominant influence on overall economic growth. Meanwhile, short-term economic fluctuations are more influenced by growth trends from previous years. This study concludes that strengthening the tourism sector and increasing international air transport connectivity are the main drivers of Indonesia's economic growth. The synergy between the increase in foreign tourist flows and the efficiency of international flight services is proven to be able to sustain the national GDP structure sustainably. Therefore, policies that support ease of international travel access and security stability are crucial to maintaining economic growth momentum in the future.
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