Thought for the day

Indonesia: A Major Success Story


 
Last updated: 23 March 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 281 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

China Business Confidence Improves in November
China Business Confidence Improves in November
Chinese Services sector activity has continued to support overall growth in the Chinese economy in recent months, despite obvious problems in the Manufacturing sector. Recent months data have suggested that even the Services sector has been teetering on the verge of recession. However the just released November data suggests that a turning point may have been reached. The crucial Business Confidence i...
Dramatic Demographic Decline in East Asia
Dramatic Demographic Decline in East Asia
East Asia has been the primary driving force in global growth over the recent decades, but rapidly falling fertility rates suggest the region may cede its lead over the coming years. Childbearing levels across the region have been, on average, below the replacement rate since 2010. Other factors, such as disease and war, can affect population numbers, but fertility is by far the greatest indicator ove...
First November US Economic Data Shows Spectacular Trump Effect
First November US Economic Data Shows Spectacular Trump Effect
Donald Trump's US Election win has had an extraordinary impact on key US Economic Indexes. The US Sales Managers Survey , in existence for 13 years, has recorded a previously unheard of 5.1 Index points increase in Business Confidence. Its sister Index, the Sales Managers Sales Growth Index rose to a near 6 year high in November, jumping an equally unheard of 4.6 Index points to reside at a very h...