| GEOGRAPHIC NAMES | GEOLOGY | USA STATS | CHINA STATS | COUNTRY CODES | AIRPORTS | RELIGION | JOBS |

Indonesia Economy 2014

SOURCE: 2014 CIA WORLD FACTBOOK AND OTHER SOURCES











Indonesia Economy 2014
SOURCE: 2014 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on January 28, 2014

Economy - overview:
Indonesia, a vast polyglot nation, grew more than 6% annually in 2010-12. The government made economic advances under the first administration of President YUDHOYONO (2004-09), introducing significant reforms in the financial sector, including tax and customs reforms, the use of Treasury bills, and capital market development and supervision. During the global financial crisis, Indonesia outperformed its regional neighbors and joined China and India as the only G20 members posting growth in 2009. The government has promoted fiscally conservative policies, resulting in a debt-to-GDP ratio of less than 25%, a fiscal deficit below 3%, and historically low rates of inflation. Fitch and Moody's upgraded Indonesia's credit rating to investment grade in December 2011. Indonesia still struggles with poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among regions. The government in 2013 faces the ongoing challenge of improving Indonesia''s insufficient infrastructure to remove impediments to economic growth, labor unrest over wages, and reducing its fuel subsidy program in the face of high oil prices.

GDP (purchasing power parity):
$1.204 trillion (2012 est.)
country comparison to the world: 16

$1.133 trillion (2011 est.)
$1.064 trillion (2010 est.)
note: data are in 2012 US dollars
[see also: GDP country ranks ]

GDP (official exchange rate):
$866.7 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
6.2% (2012 est.)
country comparison to the world: 40

6.5% (2011 est.)
6.2% (2010 est.)
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$4,900 (2012 est.)
country comparison to the world: 159

$4,700 (2011 est.)
$4,500 (2010 est.)
note: data are in 2012 US dollars
[see also: GDP - per capita country ranks ]

Gross national saving:
32.6% of GDP (2012 est.)
country comparison to the world: 17

33.1% of GDP (2011 est.)
33% of GDP (2010 est.)
[see also: Gross national saving country ranks ]

GDP - composition, by end use:
household consumption: 54.6%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 8.9%
investment in fixed capital: 33.2%
investment in inventories: 2.2%
exports of goods and services: 24.3%
imports of goods and services: -25.8%

(2012 est.)

GDP - composition, by sector of origin:
agriculture: 14.4%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 47%
services: 38.6% (2012 est.)

Agriculture - products:
rubber and similar products, palm oil, poultry, beef, forest products, shrimp, cocoa, coffee, medicinal herbs, essential oil, fish and its similar products, and spices

Industries:
petroleum and natural gas, textiles, automotive, electrical appliances, apparel, footwear, mining, cement, medical instuments and appliances, handicrafts, chemical fertilizers, plywood, rubber, processed food, jewelry, and tourism

Industrial production growth rate:
5.2% (2012 est.)
country comparison to the world: 53
[see also: Industrial production growth rate country ranks ]

Labor force:
118.1 million (2012 est.)
country comparison to the world: 5
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 38.9%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 22.2%
services: 47.9% (2012 est.)

Unemployment rate:
6.1% (2012 est.)
country comparison to the world: 65

6.6% (2011 est.)
[see also: Unemployment rate country ranks ]

Population below poverty line:
11.7% (2012 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 3.3%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 29.9% (2009)

Distribution of family income - Gini index:
36.8 (2009)
country comparison to the world: 80

39.4 (2005)
[see also: Distribution of family income - Gini index country ranks ]

Budget:
revenues: $144.3 billion
[see also: Budget revenues country ranks ]
expenditures: $162.8 billion (2012 est.)

Taxes and other revenues:
16.7% of GDP (2012 est.)
country comparison to the world: 185
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-2.1% of GDP (2012 est.)
country comparison to the world: 89
[see also: Budget surplus (+) or deficit (-) country ranks ]

Public debt:
23% of GDP (2012 est.)
country comparison to the world: 125

22.6% of GDP (2011 est.)
[see also: Public debt country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
4.3% (2012 est.)
country comparison to the world: 130

5.4% (2011 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
6.37% (31 December 2010)
country comparison to the world: 56

6.46% (31 December 2009)
note: this figure represents the 3-month SBI rate; the Bank of Indonesia has not employed the one-month SBI since September 2010
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
11.8% (31 December 2012 est.)
country comparison to the world: 66

12.4% (31 December 2011 est.)
note: these figures represent the average annualized rate on working capital loans
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$87.04 billion (31 December 2012 est.)
country comparison to the world: 39

$79.73 billion (31 December 2011 est.)
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$355.4 billion (31 December 2012 est.)
country comparison to the world: 29

$317.3 billion (31 December 2011 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$350 billion (31 December 2012 est.)
country comparison to the world: 31

$307.1 billion (31 December 2011 est.)
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$426.8 billion (31 December 2012)
country comparison to the world: 24

$390.1 billion (31 December 2011)
$360.4 billion (31 December 2010)
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
$-24.07 billion (2012 est.)
country comparison to the world: 183

$1.685 billion (2011 est.)
[see also: Current account balance country ranks ]

Exports:
$187.3 billion (2012 est.)
country comparison to the world: 28

$191.1 billion (2011 est.)
[see also: Exports country ranks ]

Exports - commodities:
oil and gas, electrical appliances, plywood, textiles, rubber

Exports - partners:
Japan 15.9%, China 11.4%, Singapore 9%, South Korea 7.9%, US 7.8%, India 6.6%, Malaysia 5.9% (2012)

Imports:
$178.7 billion (2012 est.)
country comparison to the world: 28

$157.3 billion (2011 est.)
[see also: Imports country ranks ]

Imports - commodities:
machinery and equipment, chemicals, fuels, foodstuffs

Imports - partners:
China 15.3%, Singapore 13.6%, Japan 11.9%, Malaysia 6.4%, South Korea 6.2%, US 6.1%, Thailand 6% (2012)

Reserves of foreign exchange and gold:
$112.8 billion (31 December 2012 est.)
country comparison to the world: 23

$110.1 billion (31 December 2011 est.)
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$224.1 billion (31 December 2012 est.)
country comparison to the world: 32

$213.5 billion (31 December 2011 est.)
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
$192.7 billion (31 December 2012 est.)
country comparison to the world: 27

$173.1 billion (31 December 2011 est.)
[see also: Stock of direct foreign investment - at home country ranks ]

Stock of direct foreign investment - abroad:
$14.81 billion (31 December 2012 est.)
country comparison to the world: 50

$9.502 billion (31 December 2011 est.)
[see also: Stock of direct foreign investment - abroad country ranks ]

Exchange rates:
Indonesian rupiah (IDR) per US dollar -

9,386.6 (2012 est.)
8,770.43 (2011 est.)
9,090.4 (2010 est.)
10,389.9 (2009)
9,698.9 (2008)


NOTE: 1) The information regarding Indonesia on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Indonesia Economy 2014 information contained here. All suggestions for corrections of any errors about Indonesia Economy 2014 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






This page was last modified 06-Nov-14
Copyright © 1995- , ITA (all rights reserved).

    . Feedback