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INDONESIA N TRADE PROMOTION CENTER BUDAPEST. T he Indonesian Economy update & Trade Expo Indonesia. Indonesia: The Biggest Archipelago. Land Area : 1.904.443 sq km Sea Area : 3.116.163 sq km Total Area : 5.020.606 sq km Coastal Line : 81.000 km
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INDONESIAN TRADE PROMOTION CENTER BUDAPEST The Indonesian Economy update & Trade Expo Indonesia
Indonesia: The Biggest Archipelago • Land Area : 1.904.443 sq km • Sea Area : 3.116.163 sq km • Total Area : 5.020.606 sq km • Coastal Line : 81.000 km • Population : 242 million people (4th biggest population) • Language : Indonesian (Bahasa Indonesia) • 3rd largest democratic country (after India and US) 2
GDP Growth Percentage (%) of GDP
Looking to the long term, Indonesia will become a high income country PREPARATION ACCELERATION CONTINUATION Indonesia becomes a high income country with GDP per capita USD 14,250-USD 15,500 GDP Nominal per capita GDP Nominal (US$ Billion) 711 1,335 2,416 4,257 6,793 9,706 12,989 16,578 Population (Million people) 237 253 269 286 302 319 336 353
IMF projects Indonesia to achieve the second fastest growth amongst the world’s 18 largest economies during 2009-2015 GPD Nominal Growth (2009 – 2015) Russia Indonesia China India Brazil South Korea Turkey USA Japan ASEAN (excl. Indonesia) Source : International Monetary Fund, World Economic Outlook Database, April 2011
Indonesia’s economy will become more dominant in ASEAN and larger than several countries in Europe Indonesia Economic Growth (nominal) (USD Billion) CAGR 14.5% Indonesia’s economy as % of ASEAN-6 40% 48% 53% ASEAN (Total 11 Countries) 38% 46% 52% European Countries: Spain 50% 60% 91% 91% 105% 165% Netherlands Source: International Monetary Fund, World Economic Outlook Database, April 2011; Proyeksi Ekonomi Indonesia 2011 – 2045; Analisa Tim
Key economic driver Demography Natural resources Infrastructure Rise of consumer Spending power
Figure of Trade Source : BPS
Bilateral Trade (Indonesia – Czech) Source : Eurostat
Investment • Product • Services THE 10TH LARGEST FOREIGN BUYERS BY COUNTRY THE 10TH LARGEST TRANSACTION BY COUNTRY 1. Agriculture Products 2. Furniture 3. Automotive and Components 4. Coffee 5. Food and Beverages 6. Textile and Textiles Products 7. Electric and Electronic Products 8. Household Appliances 9. Spices 10. Paper and Paper Products 1. Malaysia 2. South Africa 3. Japan 4. South Korea 5. USA 6. Australia 7. Bangladesh 8. United Arab Emirates 9. Saudi Arabia 10. Germany 1. China 2. Japan 3. Australia 4. South Africa 5. India 6. South Korea 7. USA 8. Zimbabwe 9. Malaysia 10. Saudi Arabia
ITPC IS YOUR PARTNER LINK DOING BUSINESS Thank you for your attention ITPC – Budapest H-1051 Budapest, Bajcsy-Zsilinszky út 12 I/101 inatrade@itpc-bud.hu, www.itpc-bud.hu Indonesia Trade Promotion Center Budapest