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Overview of Indonesia's Economy, Trade and Investment Opportunities

   

Added on  2023-05-23

14 Pages1123 Words301 Views
Indonesia

General overview of the country or region
The trade of timber is one of the most important trades in Indonesia.
Indonesia’s forest products such timber and other related products
comprises 10% of the country’s GDP. Indonesia used to contribute 70% of
the plywood industry in the world during the year 1980. But from then
there can be seen a declining trend in the exports. The figure came down
from $3.6 Billion to $2 billion in the year 2000. The decline is due to some
of the aggressive policies that are being taken by the government against
exports of timber. Timber or forest product industry is one of the major
revenue generators for Indonesia
The business market of Indonesia is one amongst the biggest business
market in the world. It is projected in accordance to the economic growth
that by 2030 it will become 7th largest economy in the world.

It is the biggest economy in south east Asia
The gross domestic production of the country is steadily rising at a steady pace
The gross domestic per capita of the country was $857 in the year 2000 which had
increased to $3,603 in the year 2016
It is considered to be the 10th largest economy in consideration to the purchasing
power parity (Stenberg et al, 2014).
The government of Indonesia has a 20 years reform planning for economic
transition
The government has started some programme related to the education and health
care

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