Thought for the day

Indonesia: A Major Success Story

13 July 2024
The Indonesian economy is estimated by World Economics to be 42.1% larger than official data suggests, and is likely within the next three years to overtake Germany and Japan to become the world's fifth biggest economy.

Key potentially favourable indicators include a ten year record of rapid believable (as based on useable data) economic growth; a large domestic market of 277 million people; growth in GDP per capita significantly faster than other Emerging Markets; unusually low debt compared with other developing countries; and a young population profile.

Largest populations by country
Indonesia: A Major Success Story

Negative indicators include rising average annual temperatures in an already equatorial climate, relatively high inequality and corruption.

See the Indonesia Review...

More perspectives using World Economics data