The economy of Indonesia is a mixed economy with dirigiste characteristics, and it is one of the emerging market economies in the world and the largest in Southeast Asia. As an upper-middle income country and member of the G20, Indonesia is classified as a newly industrialized country. Estimated at over 21 quadrillion rupiah in 2023, it is the 16th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. Indonesia depends on the domestic market and government budget spending and its ownership of state-owned enterprises. The administration of prices of a range of basic goods also plays a significant role in Indonesia's market economy. However, since the 1990s, the majority of the economy has been controlled by individual Indonesians and foreign companies.
Jakarta, the financial centre of Indonesia
Historical GDP per capita development of Indonesia
Vast palm oil plantation. Currently, Indonesia is the world's largest producer of palm oil.
Ore trucks in the mining area in West Sumbawa, West Nusa Tenggara.
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at 1,904,569 square kilometres. With over 279 million people, Indonesia is the world's fourth-most-populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population.
A Borobudur ship carved on Borobudur temple, c. 800 CE. Outrigger boats from the archipelago may have made trade voyages to the east coast of Africa and Madagascar as early as the 1st century CE
The submission of Prince Diponegoro to General De Kock at the end of the Java War in 1830
Mount Semeru and Mount Bromo in East Java. Indonesia's seismic and volcanic activity is among the world's highest
Rainforest in Mount Palung National Park, West Kalimantan