Economy - overview:
Indonesia, the largest economy in Southeast Asia, has seen a slowdown in growth since 2012, mostly due to the end of the commodities export boom. During the global financial crisis, Indonesia outperformed its regional neighbors and joined China and India as the only G20 members posting growth. Indonesia’s annual budget deficit is capped at 3% of GDP, and the Government of Indonesia lowered its debt-to-GDP ratio from a peak of 100% shortly after the Asian financial crisis in 1999 to 33% today. While Fitch and Moody's Investors upgraded Indonesia's credit rating to investment grade in December 2011, Standard & Poor’s has yet to raise Indonesia’s rating to this status amid several constraints to foreign direct investment in the country, such as a high level of protectionism.Indonesia still struggles with poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among its regions. President Joko WIDODO - elected in July 2014 – seeks to develop Indonesia’s maritime resources and pursue other infrastructure development, including significantly increasing its electrical power generation capacity. Fuel subsidies were significantly reduced in early 2015, a move which has helped the government redirect its spending to development priorities. Indonesia, with the nine other ASEAN members, will continue to move towards participation in the ASEAN Economic Community, though full implementation of economic integration has not yet materialized.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
$3.243 trillion (2017 est.)
$3.084 trillion (2016 est.)
$2.937 trillion (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 8
$1.011 trillion (2016 est.)
[see also: GDP (official exchange rate) country ranks ]
5.2% (2017 est.)
5% (2016 est.)
4.9% (2015 est.)
country comparison to the world: 37
[see also: GDP - real growth rate country ranks ]
$12,400 (2017 est.)
$11,900 (2016 est.)
$11,500 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 125
32.6% of GDP (2017 est.)
32.5% of GDP (2016 est.)
32.1% of GDP (2015 est.)
country comparison to the world: 20
[see also: Gross national saving country ranks ]
household consumption: 57.5%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 8.9%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 32.1%
[see also: GDP - composition, by end use - investment in fixed capital country ranks ]
investment in inventories: 0.7%
[see also: GDP - composition, by end use - investment in inventories country ranks ]
exports of goods and services: 19.2%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -18.4% (2017 est.)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]
agriculture: 13.9%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 40.3%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 45.9% (2017 est.)
[see also: GDP - composition, by sector of origin - services country ranks ]
rubber and similar products, palm oil, poultry, beef, forest products, shrimp, cocoa, coffee, medicinal herbs, essential oil, fish and its similar products, and spices
petroleum and natural gas, textiles, automotive, electrical appliances, apparel, footwear, mining, cement, medical instruments and appliances, handicrafts, chemical fertilizers, plywood, rubber, processed food, jewelry, and tourism
3.8% (2017 est.)
country comparison to the world: 76
[see also: Industrial production growth rate country ranks ]
126.1 million (2017 est.)
country comparison to the world: 5
[see also: Labor force country ranks ]
agriculture: 32%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 21%
[see also: Labor force - by occupation - industry country ranks ]
services: 47% (2016 est.)
[see also: Labor force - by occupation - services country ranks ]
5.4% (2017 est.)
5.6% (2016 est.)
country comparison to the world: 72
[see also: Unemployment rate country ranks ]
10.9% (2016 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 3.4%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 28.2% (2010)
36.8 (2009)
39.4 (2005)
country comparison to the world: 81
[see also: Distribution of family income - Gini index country ranks ]
revenues: $130.6 billion
[see also: Budget - revenues country ranks ]
expenditures: $154.8 billion (2017 est.)
[see also: Budget - expenditures country ranks ]
12.9% of GDP (2017 est.)
country comparison to the world: 202
[see also: Taxes and other revenues country ranks ]
-2.4% of GDP (2017 est.)
country comparison to the world: 97
[see also: Budget surplus (+) or deficit (-) country ranks ]
33.1% of GDP (2017 est.)
31.5% of GDP (2016 est.)
country comparison to the world: 151
[see also: Public debt country ranks ]
calendar year
4% (2017 est.)
3.5% (2016 est.)
country comparison to the world: 157
[see also: Inflation rate (consumer prices) country ranks ]
6.37% (31 December 2010)
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
country comparison to the world: 65
[see also: Central bank discount rate country ranks ]
11.3% (31 December 2017 est.)
11.89% (31 December 2016 est.)
note: these figures represent the average annualized rate on working capital loans
country comparison to the world: 73
[see also: Commercial bank prime lending rate country ranks ]
$107.6 billion (31 December 2017 est.)
$92.11 billion (31 December 2016 est.)
country comparison to the world: 36
[see also: Stock of narrow money country ranks ]
$407.6 billion (31 December 2017 est.)
$372.5 billion (31 December 2016 est.)
country comparison to the world: 27
[see also: Stock of broad money country ranks ]
$436.7 billion (31 December 2017 est.)
$397.7 billion (31 December 2016 est.)
country comparison to the world: 30
[see also: Stock of domestic credit country ranks ]
$428.2 billion (31 December 2016 est.)
$353.3 billion (31 December 2015 est.)
$422.1 billion (31 December 2014 est.)
country comparison to the world: 23
[see also: Market value of publicly traded shares country ranks ]
-$17.03 billion (2017 est.)
-$16.77 billion (2016 est.)
country comparison to the world: 189
[see also: Current account balance country ranks ]
$157.8 billion (2017 est.)
$144.4 billion (2016 est.)
country comparison to the world: 31
[see also: Exports country ranks ]
mineral fuels, animal or vegetable fats (includes palm oil), electrical machinery, rubber, machinery and mechanical appliance parts
China 11.6%, US 11.2%, Japan 11.1%, Singapore 7.8%, India 7%, Malaysia 4.9%, South Korea 4.8% (2016)
$142.3 billion (2017 est.)
$129 billion (2016 est.)
country comparison to the world: 32
[see also: Imports country ranks ]
mineral fuels, boilers, machinery, and mechanical parts, electric machinery, iron and steel, foodstuffs
China 22.9%, Singapore 10.8%, Japan 9.6%, Thailand 6.4%, US 5.4%, Malaysia 5.4%, South Korea 5% (2016)
$122.5 billion (31 December 2017 est.)
$116.4 billion (31 December 2016 est.)
country comparison to the world: 21
[see also: Reserves of foreign exchange and gold country ranks ]
$322.6 billion (31 December 2017 est.)
$316.5 billion (31 December 2016 est.)
country comparison to the world: 33
[see also: Debt - external country ranks ]
$247.7 billion (31 December 2017 est.)
$229.1 billion (31 December 2016 est.)
country comparison to the world: 25
[see also: Stock of direct foreign investment - at home country ranks ]
$19.96 billion (31 December 2017 est.)
$18.42 billion (31 December 2016 est.)
country comparison to the world: 53
[see also: Stock of direct foreign investment - abroad country ranks ]
Indonesian rupiah (IDR) per US dollar -
13,360.1 (2017 est.)
13,308.3 (2016 est.)
13,308.3 (2015 est.)
13,389.4 (2014 est.)
11,865.2 (2013 est.)