Market profile

Indonesia is the world’s 16th largest economy as measured by nominal gross domestic product (GDP) and eighth largest on purchasing power parity (PPP) valuation. With an estimated population of 254 million and a swelling consuming class of around 45 million people,  nominal GDP in Indonesia is valued at over A$1 trillion.

Indonesia’s economy grew at five per cent in 2016 according to the Asia Development Bank, riding a wave of robust domestic consumption despite weakened investment. Indonesia is one of a handful of G20 economies achieving growth rates of around five per cent. As the largest economy in Southeast Asia, Indonesia is projected to be the world’s seventh largest economy by 2030. Over the past ten years, GDP growth has averaged over 5.8 per cent a year, well above growth in the previous decade (Source: International Monetary Fund, World Economic Outlook Database, October 2016).

More information on doing business in Indonesia

Why ASEAN and why now?

Why ASEAN and why now? Insights for Australian Business. A joint Austrade-DFAT publication examining Australia’s trade relationship with the Association of Southeast Asian Nations (ASEAN), the opportunities and challenges for Australian business engaging with the region and the future of the Australia-ASEAN trade relationship.

Access the publication

Facts

  • Imports from Indonesia A$8,483 million
  • Exports to Indonesia A$6,831 million
  • Capital Jakarta
  • Official Language Bahasa Indonesia
  • Area 1,811,570 sq km
  • Population 255.5 million

Events

Makassar Mayor’s F8 Festival
6 Sep 2017
The F8 Festival is the largest public annual festival in Makassar themed around eight activities (fa ...
Ozmine 2017 - showcasing Australian Innovation
11 Sep 2017
Austrade invites you to join our Ozmine2017 conference and site visit program - Australia’s premier ...

More Events

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Indonesia and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Indonesia. This is regularly updated and should be checked before planning travel.

» read more at DFAT

Business risks

Bribery of Foreign Officials

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government.

IP Passport fact sheets

These fact sheets outline foreign Intellectual Property (IP) regimes and some of the issues and challenges which may be faced by Australian exporters.

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

APEC Business Travel Card Scheme

Managed by the Department of Immigration, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.

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