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17 Things You Should Know From Indonesia’s Economic Factsheet 2018

Culture

17 Things You Should Know From Indonesia’s Economic Factsheet 2018

For many people, Economics (and numbers), are dry.

But for all you nerds out there who like to dig your teeth into some raw economic data, do we have the factsheet for you!

As part of the UK governments FCO Economics Unit’s bi-annual report on Indonesia, they’ve released their Economic Factsheet on Indonesia. With some interesting findings.

Don’t worry, if numbers aren’t your thing, we’ve picked the highlights and broken them down. If you do like numbers, well, you’re in for a treat.

Here are 17 highlights from the Indonesian Economy…


Economic Overview

GDP is over USD $1 trillion

The Economy is growing at 5.1% per year

A healthy balance between our Industry and Service Economies

94.5% of the population is under 65 years-old

Half the population is under 30.

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Human Development Index = 113

HDI is a statistic composed of life expectancy, education, and per capita income

Ok, so we didn’t make the top 100… but we beat the local rivals!

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Inflation = 3.8%

Brought under control since the 2014 elections, and predicted to sit at a comfortable 3%.

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Government Finance 

The Indonesian Government spends…

1.1% GDP on Health Care

3.6% GDP on Public Education

0.9% GDP on the Military


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Population

95.4 % of Indonesians are literate

Life Expectancy is 69 years

25% of the population has access to the internet

Despite all the noise and nonsense Indonesians create on the internet, 75% of Indonesian are missing out…

Energy

Indonesia produces 881,000 barrels of Oil per day

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Trade & Investment

Indonesia is a net exporter of goods and services

Britain imports GBP£1.28 billion worth of Indonesian goods

The world needs its IndoMie!


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Emissions & Environment

50.2% of Indonesia is Forrest Area

Can we keep it that way?

Indonesians produce 1.8 tonnes of CO2 Per Person

That seems quite high… considering there’s 265 million of us.

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The future looks bright for Indonesia… on paper.

But these tables rarely account for the resource inputs and environmental surroundings that support the wider economy.

For example – It’s unlikely that these projections accounted for the Indonesian capital being submerged underwater within the next 12 years. A real possibility that no one seems to be taking seriously.

We have a country that has such a rich and beautiful environment.

It’s up to us to make sure we value Indonesia above the balance sheet. 

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