Indonesia is the World 8th Largest Economy on GDP (PPP)

Despite slowing down in recent years, Indonesia’s growth trajectory remains impressive. The country’s gross national income per capita has steadily risen, from $2,200 in the year 2000 to $3,524 in 2014. Today, Indonesia is the world’s fourth most populous nation, the world’s 8th largest economy in terms of purchasing power parity, and a member of the G-20.  It has made enormous gains in poverty reduction, more than halving the poverty rate since 1999, to 11.3 percent in 2014.

Indonesia’s economic planning follows a 20-year development plan, spanning from 2005 to 2025. It is segmented into 5-year medium-term plans, each with different development priorities. The current medium-term development plan runs from 2015 to 2019, focusing, amongst others, on infrastructure development and improving social assistance programs in education and health-care.  Such shifts in public spending has been enabled by a reform of long-standing energy subsidies, allowing for more investments in programs that directly impact the poor and near-poor.

The GDP based on Purchasing Power Parity (PPP) per capita GDP in Indonesia was reported at 4156.70 U.S. dollars in 2009, according to the International Monetary Fund (IMF). In 2015, Indonesia's GDP based on Purchasing Power Parity (PPP) per capita GDP is expected to be 6198.74 U.S. dollars. In 2009, Indonesia's economy share of world total GDP, adjusted by Purchasing Power Parity, was 1.38 percent. In 2015, Indonesia's share of world total GDP is forecasted to be 1.50 percent.