Indonesia has a market-based economy in which the government plays a significant role. There are about 139 state-owned enterprises, and the government administers prices on several basic goods, including fuel, rice, and electricity. Opportunities for trade should be viewed as medium to long-term. It has identified four target sectors, environment, port Engineering and in the Power sector but opportunities exist across the board in other sector like Oil and Gas, Financial Services, ICT, Retail, Healthcare, Agribusiness and Infrastructure.
Key economic indicators and statistics for 2008:
■ GDP US$496.8 billion
■ GPD per capital US$2,181
■ Real GDP growth 6.1 percent
■ Inflation 12 percent
(Source: Australian Government Department of Foreign Affairs and Trade - Country economic fact sheet)
Area: 2 million sq. km.
Population (July 2009 est.): 240.3 million.
Natural resources (11.0% of GDP): Oil and gas, bauxite, silver, tin, copper, gold, coal.
Agriculture (14.4% of GDP): Products--timber, rubber, rice, palm oil, coffee. Land--17% cultivated.
Manufacturing (27.9% of GDP): Garments, footwear, electronic goods, furniture, paper products.