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…
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.
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!
Inflation = 3.8%
Brought under control since the 2014 elections, and predicted to sit at a comfortable 3%.
The Indonesian Government spends…
1.1% GDP on Health Care
3.6% GDP on Public Education
0.9% GDP on the Military
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…
Indonesia produces 881,000 barrels of Oil per day
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!
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.
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.