01.03.01. Strength of the economy | Indonesia

01.03.01. Strength of the economy | Indonesia

12 Apr 2022

According to the World Bank, Indonesia is an emerging middle-income country and ‘the world’s 10th largest country in terms of purchasing power parity and an annual growth rate of 5.6% (Agustina et al., 2019, p.78; World Bank, 2019a). Since 1999, the poverty rate has reduced by more than half to 9.8% in 2018. Substantial progress has also been made with regards to GDP. Between the years 2000 and 2018, Indonesia’s GDP per capita steadily increased from $807 to $3,877 (World Bank, 2019a).


Agustina, R., Dartanto, T., Sitompul, R., Susiloretni, K. A., Suparmi, Achadi, E. L., Taher, A., Wirawan, F., Sungkar, S., Sudarmono, P., Shankar, A. H., Thabrany, H., Susiloretni, K. A., Soewondo, P., Ahmad, S. A., Kurniawan, M., Hidayat, B., Pardede, D., Mundiharno, … Khusun, H. (2019). Universal health coverage in Indonesia: concept, progress, and challenges. The Lancet, 393(10166), 75–102. https://doi.org/10.1016/S0140-6736(18)31647-7

World Bank. (2019a). Indonesia. https://www.worldbank.org/en/country/indonesia/overview