Indonesia: International Aid Helps In Carbon Reduction
Indonesia’s power sector emissions will peak by 2030 and reach net zero by 2050, about a decade ahead of schedule.
Indonesia GDP and Economic Data
Includes Indonesia real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Indonesia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Indonesia best banks and safest banks are also available.
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International Reserves
USD 120.7 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
GDP (Purchasing Power Parity)
Intl$ 3,494.7 billion (2018, estimate)
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Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 6.3% | 7.4% | 4.7% | 6.4% | 6.2% | 6% | 5.6% |
| 2014 | 2015 | 2016 | 2017* | 2018* | ||
| 5% | 4.9% | 5% | 5.1% | 5.2% |
*Estimate
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GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| 1.55% | 1.92% | 1.92% | 2.17% | 2.6% |
*Estimate
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GDP - composition by sector
- agriculture: 12.8%
- industry: 39.7%
- services: 43.4%
(2018 estimate)
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 6.4% | 3.5% | 3.8% | 3.2% | 3.2% |
*Estimate
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Unemployment rate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 6.2% | 5.6% | 5.5% | 5.3% | 5.2% |
*Estimate
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Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 27% | 28% | 29.4% | 30.1% | 30.3% |
*Estimate
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Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -2.6% | -2.5% | -2.5% | -1.8% | -1.9% |
*Estimate
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Government bond ratings
Standard & Poor's: BBB
Moody's: Baa2
Standard & Poor's / Moody's
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Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| USD 425.8 billion | USD 520.7 billion | USD 486.8 billion |
Largest companies
Bank Rakyat Indonesia (BRI), Bank Mandiri, Bank Central Asia, Telkom Indonesia, Bank Negara Indonesia, Gudang Garam
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Current account balance by percentage of GDP
-3.0 % (2018 estimate)
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Exports as percent of GDP (Exports of goods and services)
21% (2018)
Shares in world total merchandising export
0.93% (2018)
Shares in world total commercial services export
0.47% (2018)
Export commodities
Mineral fuels, animal or vegetable fats (includes palm oil), electrical machinery, rubber, machinery and mechanical appliance parts
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Import commodities
Mineral fuels, boilers, machinery, and mechanical parts, electric machinery, iron and steel, foodstuffs
Exports - major partners
China 13.6%, US 10.6%, Japan 10.5%, India 8.4%, Singapore 7.6%, Malaysia 5.1%, South Korea 4.8% (2017)
Imports - major partners
China 23.2%, Singapore 10.9%, Japan 10%, Thailand 6%, Malaysia 5.6%, South Korea 5.3%, US 5.2% (2017)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 3,921 million | USD 20,579 million | USD 21,980 million |
FDI outflows
| 2016 | 2017 | 2018 |
| USD -12,215 million | USD 2,077 million | USD 8,139 million |
Value of cross-border M&A, by country of purchaser
| 2015 | 2016 | 2017 | 2018 |
| USD 2,404 million | USD 174 million | USD 1,076 million | USD 349 million |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
73 out of 190 countries
Subcategories:
Starting a Business: 140 out of 190 countries
Dealing with Construction Permits: 110 out of 190 countries
Getting Electricity: 33 out of 190 countries
Registering Property: 106 out of 190 countries
Getting Credit: 48 out of 190 countries
Protecting Minority Investors: 37 out of 190 countries
Paying Taxes: 81 out of 190 countries
Trading across Borders: 116 out of 190 countries
Enforcing Contracts: 139 out of 190 countries
Resolving Insolvency: 38 out of 190 countries
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Global competitiveness ranking
50 out of 141 countries
(2019)
Index of Economic Freedom
Ranking: 56 / Score: 65.8 (Moderately free)
(100=totally free 0=totally repressed)
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Languages
Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (of which the most widely spoken is Javanese)
Religions
Muslim 87.2%, Protestant 7%, Roman Catholic 2.9%, Hindu 1.7%, other 0.9% (includes Buddhist and Confucian), unspecified 0.4% (2010 est.)
Total population
| 1990 | 2000 | 2010 | 2015 | 2020* |
| 179.38 million | 206.27 million | 237.64 million | 255.59 million | 269.87 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 14.6% | 22.1% | 42% | 55.3% |
Literacy
Total population: 95.4%
Male: 97.2%
Female: 93.6%
Definition: age 15 and over can read and write (2016 est.)
% of population living on less than $3.10 a day
27.3% (last available estimate, 2017)
Inequality of wealth distribution (Gini index)
38.1 (last available estimate, 2017)
(0=perfect equality, 100=absolute inequality)
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Freedom House rating
Partly Free
Political Rights: 2
Civil Liberties: 4 (2019)
(1 represents the most free, 7 the least free rating)
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Total telephone subscribers as % of population
Fixed: 4.2% Mobile: 119.8% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)