Indonesia

Economic Structure

Indonesia is world’s 4th most populated country. It has neighboring countries like
Singapore,Phillipines & Australia. It is a founding member of ASEAN & also a
member of G-20 major economies.According to the IMF website, Indonesia is likely
to experience expansion at 6% growth predicted for 2010 & 2011.Last year
Indonesia was the only country in the G-20 to lower its public debt-to-GDP ratio-an
indication of improved economic management over the years. Inflation expectations
are at the range of 4-6 percent in 2011.
The country’s strong performance has attracted strong foreign funds since mid-
2009.During the recent European crisis, a large amount of funds were leaving
Indonesia, so the authorities responded by allowing the exchange rates to adjust,
while intervening the sharp moves in the Indonesian currency. IMF economists have
identified some the key points which will help in sustaining the country’s economic
growth:-
• Bolstering Monetary policy credibility
• Improving the financial regulatory framework
• Mobilizing government spending to support productive investments
For supporting the points mentioned above some of the key economic parameters
over the years are mentioned below:-

1. GDP:-

The GDP composition by sector is as follows:-

Agriculture-15.3% ; Industry- 47.6% & Services- 37.1% ( 2009 data)

2. Export & Import of Goods & Services:-

Major Export Commodities:-

Oil & Gas, Coal, Electrical Appliances,Plywood,Textiles,Rubber

 Exports were about $ 119.5 billion as per 2009 data ranking 31 in the world.

Export partners are as follows:-

Japan 17.28% , Singapore 11.29% , US 10.81% , China 7.62% ,South Korea

5.53% , India 4.35% ,Taiwan 4.11% , Malaysia 4.07%

Major Import Commodities:-

Machinery & Equipment, chemicals, foodstuff

Imports were about $ 84.35 billion as per 2009 data ranking 33 in the world.

Import partners are as follows:-

Singapore 24.96% , China 12.52% , Japan 8.92% , Malaysia 5.88% , South

Korea 5.64% , US 4.88% , Thailand 4.45%

3. Gross Domestic Investments:-

GDP as per 2009 data was $960.2 billion which is ranked 16th across the
world.

The GDP as per official exchange rate was $539.4 billion.

GDP as per real growth rate is 4.5%

GDP as per capita is $4000

GDP composition by sector is as follows:-

Agriculture:- 15.3% , Industry:- 47.6% & Services:- 37.1%

4. Foreign Direct Investment(FDI):-

FDI as per 31st Dec’09 was $72.84 billion which is ranked 43 in the world.
5. Inflation:-

Inflation rate as per 2009 data is 4.8%