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The economy of Indonesia is a mixed economy with dirigiste characteristics, [31] [32] and it is one of the emerging market economies in the world and the largest in Southeast Asia. As an upper-middle income country and member of the G20 , Indonesia is classified as a newly industrialized country . [ 33 ]
Nominal GDP IMF 2024 [1]; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia: 1,475,690 5,509 2 26 Thailand: 548,890 7,557 3 31 Singapore
Despite a slowing global economy, Indonesia's economic growth accelerated to a ten-year high of 6.3% in 2007. This growth rate was sufficient to reduce poverty from 17.8% to 16.6% based on the government's poverty line and reversed the recent trend towards jobless growth, with unemployment falling to 8.46% in February 2008.
Indonesia must use the pandemic to reboot Southeast Asia's biggest economy, including by improving food and energy security, as well as processing more natural resources at home, President Joko ...
Indonesia President Joko Widodo on Thursday urged developed nations to invest in energy transition and climate solutions in the country, flaunting its huge potential for renewable energy project ...
GRP Nominal is the regional or provincial counterpart of the national gross domestic product, the most comprehensive measure of national economic activity.The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market.
Indonesian President Prabowo Subianto's ambitious multi-billion dollar programme to provide free meals to more than a quarter of his people was officially underway on Monday, officials said, with ...
Indonesia's history has since been turbulent, with challenges posed by natural disasters, corruption, separatism, a democratisation process, and periods of rapid economic growth. Indonesia consists of hundreds of distinct ethnic and linguistic groups, with Javanese being the largest.