Thought for the day

Indonesia’s GDP set to Overtake Russia and Germany


 
Last updated: 3 July 2024
 
Indonesia’s GDP Growth
Index: 1995=100
Indonesia’s GDP set to Overtake Russia and Germany
* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.


Indonesia’s GDP has risen steadily and is 159% higher than its level in 1996. The country is set to overtake Russia and Germany to become the world’s fifth-largest economy. Indonesia’s growth path will also benefit in the future from a high proportion of young people, 38.3% under the age of 15, and a low old-age dependency ratio, over the age of 64 of 9.2% compared to 23.5% in Russia and 33.7% in Germany. See more data...



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