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Indicators of economy in Indonesia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Indonesia reached 3.870 US dollars per inhabitant, or 1,058.42 bn US Dollar in the whole country. Indonesia is therefore one of the world's largest economies and is currently at rank 16. If this is calculated per inhabitant taking into account the purchasing power parity, then Indonesia is in the list of the world's richest countries in place 106.

Inflation in Indonesia was in 2021 at around 1.56%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 64.6% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Indonesia

Impact of the Covid-19 pandemic in 2020

The consequences of the Covid pandemic were not insignificant in Indonesia 2020. Overall, gross domestic product in 2020 fell from 1,119.09 billion US Dollar auf 1,058.42 billion US Dollar. With a drop of 5.4 percent, the economy in Indonesia suffered more significant losses than other countries.. The tourism sector alone slumped by around 81 percent. The unemployment rate rose from 3.6 to 4.3 percent. The inflation rate has fallen from 3.0 percent previously to 1.9 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Indonesia
Total
Indonesia
per capita
EU
Total
EU
per capita
GDP1,058.42 bn USD3,869.59 USD15,291.93 tn USD29,692.11 USD
Gross national product1,059.51 bn USD3,873.56 USD15,330.84 tn USD29,767.66 USD


6 of the 2000 largest listed companies in the world originate from Indonesia. This is determined annually in the Forbes Global 2000 list. The 6 largest companies in the country were in 2021:

Rank 362: Bank Rakyat Indonesia (BRI) (Jakarta)
Rank 436: Bank Central Asia (Jakarta)
Rank 507: Bank Mandiri (Jakarta)
Rank 762: Telkom Indonesia (Jakarta)
Rank 1742: Bank Negara Indonesia (Jakarta)
Rank 1760: Gudang Garam (Jakarta)

Development of the Gross domestic product in billion US Dollar 1970 - 2020



Im- and Exports 2021

 Indonesia
Total
Indonesia
per capita
EU
Total
EU
per capita
Imports159.73 bn USD583.98 USD7,340.01 bn USD14,251.98 USD
Exports178.26 bn USD651.71 USD7,939.04 bn USD15,415.11 USD


Development of imports and exports in billion US dollars 1981 - 2021

Exports
Imports



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