Capital Jakarta population 10.7 million on the island of Java. Java is world's most populous island with over half of Indonesia population living here.
In 2023, the top exports of Indonesia were Coal Briquettes ($38.8B), Palm Oil ($24.8B), Ferroalloys ($14.8B), Lignite ($10.7B), and Petroleum Gas ($9.26B).The top destinations were China ($70.7B), United States ($27.9B), India ($24B), Japan ($23.7B), and Singapore ($15.8B).In the latest year, Indonesia was the world’s largest exporter of Palm Oil ($25B), Ferroalloys ($14.7B), Lignite ($10.7B), Nickel Mattes ($7.58B), and Large Flat-Rolled Stainless Steel ($5.85B) among seventeen other products.In 2023, the top imports of Indonesia were Refined Petroleum ($19.5B), Crude Petroleum ($10.2B), Integrated Circuits ($4B), Broadcasting Equipment ($3.8B), and Petroleum Gas ($3.69B). The top origins were China ($62.7B), Singapore ($18.2B), Japan ($15.4B), United States ($11B), and Malaysia ($10.9B).In the latest year, Indonesia was the world’s largest importer of Raw Sugar ($2.85B), Soybean Meal ($2.6B), Rice ($1.76B), Steam Boilers ($647M), and Artificial Filament Tow ($356M) among 8 other products.
| GDP | $USD 1,371.17 billions |
| GDP per capita | $USD 4,940 |
| Currency | IDR (Indonesian rupiah Rp) |
| Imports | $USD 268.33 billions |
| Exports | $USD 298.18 billions |
The Indonesian economy has recorded strong growth over the past few decades, and in recent years the firm pace of economic expansion has been accompanied by reduced output volatility and relatively stable inflation. Indonesia's economic performance has been shaped by government policy, the country's endowment of natural resources and its young and growing labour force. Alongside the industrialisation of its economy, Indonesia's trade openness has increased over the past half century.
Given the size of economy, after India and China, world's fastest growing consumer market. 321 shopping centres/
| Rank | Industry Cluster | GDP Contribution (%) | Key Highlights |
|---|---|---|---|
| 1 | Mining, Manufacturing & Utilities | ~40.2% | Dominates economy; resource extraction + industrial processing |
| 2 | Wholesale & Retail Trade | ~12.9% | Retail, hospitality, trade services |
| 3 | Agriculture, Forestry & Fishing | ~12.5% | Global leader in commodities like palm oil, coffee, rubber |
| 4 | Construction | ~9.9% | Major infrastructural expansion |
| 5 | Transport, ICT, Finance & Services | ~14–15% combined | Services growth and connectivity |
| 6 | Tourism and Related Services | — | Significant via visitor spending and supporting sectors |
HISTORY
Capsule History - The archipelago was once largely under the control of Buddhist and Hindu rulers. By around the 7th century, a Buddhist kingdom arose on Sumatra and expanded into Java and the Malay Peninsula until it was conquered in the late 13th century by the Hindu Majapahit Empire from Java. Majapahit (1290-1527) united most of modern-day Indonesia and Malaysia. Traders introduced Islam around the 11th century, and the religion was gradually over the next 500 years. The Portuguese conquered parts of Indonesia in the 16th century, but the Dutch ousted them (except in East Timor) and began colonizing the islands in the early 17th century. It would be the early 20th century before Dutch colonial rule was established across the entirety of what would become the boundaries of the modern Indonesian state.
Recent
- Indonesia was part of the Dutch East Indies, exploited for its resources and strategic position. The name “Indonesia” emerged in the late 19th century
- Japanese occupation during World War II (1942–1945) disrupted Dutch control.
- Independence declared in 1945 by Sukarno and Hatta; sovereignty recognized by the Netherlands in 1949
- The 1997 Asian financial crisis triggered capital flight, massive currency depreciation, corporate bankruptcies, and Suharto’s resignation in May 1998
No comments:
Post a Comment