Following a decade of growth at an average rate of 6% per year, Indonesia’s economy faced external and internal challenges in 2013. As the world’s 16th-largest economy in 2012, with a GDP of Rp824trn ($824bn) and a population of 247m citizens, Indonesia has strong fundamentals for long-term growth. While the sharp reversal of foreign portfolio investment (FPI) flows from May 2013 emphasised...
Indonesia Economy
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The Guide offers readers useful facts for visitors, including business etiquette, procedures for obtaining a visa, and tips for transport. It also contains a list of suggested hotels as well as the locations and phone numbers for embassies, hospitals, travel agencies and other important contacts for visitors. This chapter also features a guide piece on Indonesia’s Komodo National Park, home to...
Chapter | Infrastructure from The Report: Indonesia 2014
A result of decades of underinvestment, creaky infrastructure has long been the Achilles’ heel of the Indonesian economy. Around $6.8bn will be spent on power and some $29bn on water utilities and other services under the Master Plan for the Acceleration and Expansion of Indonesia’s Economic Development. The government is expected to fund 28% of the cost, with the rest coming from the private...
Chapter | Country Profile from The Report: Indonesia 2014
With a population of approximately 247m made up of more than 300 different ethnic groups, Indonesia is the third-largest democracy in the world while also being the world’s most populous Muslim nation. The country has a total land mass of 1,904,569 sq km, spread over an archipelago of around 17,508 islands, some 6,000 of which are inhabited. Jakarta is the country’s most populated city, with more...
Strengthened by new deals in the transport, energy and agri-business sectors, foreign direct investment (FDI) in Indonesia’s East Java province has shown promising growth in recent years. Although the majority of FDI in Indonesia is sourced from other Asian nations, European investment has grown steadily since 2010, with East Java now poised to benefit from recently strengthened trade ties with the Netherlands.
Economic update | Indonesia Year in Review 2013
16 Jan 2014
The economy in Indonesia rounded out 2013 by posting relatively solid growth, despite a decline in global commodity prices and an increase in energy imports. The coming year’s performance is expected to be in high single digits, but risks include a tightening of external financing conditions and a softening of private consumption.