Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024): 91-108 THE EFFECT OF FOREIGN DIRECT INVESTMENT AND INFLATION ON THE ECONOMIC GROWTH OF ASEAN COUNTRIES 2009-2020 Firyal Ramadhanty 1 Wasiaturrahma *2 Anas Iswanto Anwar Makatutu 3 1,2 Faculty of Economics and Business, Airlangga University, Surabaya, Indonesia 3 Department of Economic, Hasanuddin University, Makassar, Indonesia ABSTRACT This study aims to analyze the effect of foreign direct investment and inflaon on economic growth in ASEAN countries. The analycal method used is a quantave approach with mulple linear regression panel data method based on secondary data from foreign direct investment, inflaon, and economic growth variables in 2009-2020. The analysis results show that FDI has no significant impact on the economic growth variable, and the inflaon rate has a significant posive impact on the economic growth variable. Keywords: Economic Growth, Foreign Direct Investment, Inflaon, REM ABSTRAK Penelian ini bertujuan untuk menganalisis pengaruh Foreign Direct Investment dan inflasi terhadap pertumbuhan ekonomi negara ASEAN. Metode analisis yang digunakan yaitu pendekatan kuantaf dengan metode regresi linear berganda data panel berdasarkan data sekunder dari variabel Foreign Direct Investment, inflasi, dan pertumbuhan ekonomi pada periode 2009-2020. Hasil analisis menunjukkan bahwa FDI berpengaruh dak signifikan terhadap variabel pertumbuhan ekonomi, ngkat inflasi memiliki dampak yang posif signifikan terhadap variabel pertumbuhan ekonomi. Kata Kunci: Pertumbuhan Ekonomi, Investasi Langsung Asing, Tingkat Inflasi, REM JEL: E2; E40 To cite this document: Ramadhanty, F., Wasiaturrahma, & Makatutu, A. I. A. (2024). The Effect of Foreign Direct Investment and Inflaon on The Economic Growth of ASEAN Countries 2009-2020. Journal Ilmu Ekonomi Terapan, 9(1), 91-108. hps://doi.org/10.20473/jiet.v9i1.57259 ARTICLE INFO Received: January 3rd, 2024 Revised: May 6th, 2024 Accepted: May 23th, 2024 Online: June 25th, 2024 *Correspondence: Wasiaturrahma E-mail: wasiaturrahmajiet@gmail. com Jurnal Ilmu Ekonomi Terapan p-ISSN: 2541-1470; e-ISSN: 2528-1879 DOI: 10.20473/jiet.v9.i1.57259 Copyright:@2024 by the authors. Submied for possible open access publicaon under the terms and condion of the Creave Commons Aribuon-ShareAlike 4.0 Internaonal (CC BY-SA) license