The World Bank’s latest World Development Indicators report shows that Indonesia ranks 74th in GDP per capita, with a GDP per capita of $3,820.
This puts Indonesia below countries such as Bahrain, Brunei, and Oman, but above countries such as Vietnam, Cambodia, and Laos.
Indonesia’s GDP per capita has been gradually rising over the past few years, from $3,600 in 2016, to $3,820 in 2017.
There are a number of factors that contribute to a country’s GDP per capita. These include the country’s natural resources, its level of economic development, and the distribution of its wealth.
Indonesia is a resource-rich country, with a wealth of natural resources including oil, gas, gold, copper, and timber. However, much of Indonesia’s wealth is concentrated in the hands of a small number of people, and there is a large degree of economic inequality in the country.
This is reflected in Indonesia’s GDP per capita, which is lower than that of many other countries in the region.
However, there are signs that Indonesia is gradually becoming more economically developed, and the country’s GDP per capita is expected to continue to rise in the coming years.
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Where does Indonesia rank in the world by GDP?
Where does Indonesia rank in the world by GDP?
Indonesia is the 16th largest economy in the world, with a GDP of $1.02 trillion in 2016. The country has been experiencing strong economic growth in recent years, with a 5.2% GDP growth in 2016 and 5.0% GDP growth in 2017.
Indonesia’s economy is projected to grow by 5.3% in 2018 and 5.5% in 2019, making it one of the fastest-growing economies in the world.
The country’s main export partners are China, Japan, the United States, and Singapore. Its main export commodities are oil and gas, electrical appliances, textiles, and rubber.
Indonesia’s economy is projected to become the world’s 10th largest economy by 2030, with a GDP of $3.5 trillion.
Is Indonesia’s GDP per capita high?
In recent years, Indonesia has experienced high economic growth, with the country’s GDP per capita rising significantly. This has led to some commentators asking whether Indonesia’s GDP per capita is now high enough to be considered a middle-income country.
The answer to this question is complex, as there are a number of factors that need to be taken into account. For example, Indonesia’s GDP per capita may be high when compared to other countries in Southeast Asia, but it is still significantly lower than that of countries such as the United States or Japan.
Additionally, not all Indonesians enjoy the same level of prosperity. There is a large disparity between the incomes of the country’s richest and poorest citizens, with around 40% of the population living in poverty.
Nevertheless, Indonesia’s GDP per capita is growing rapidly, and it is likely that the country will eventually reach the status of a middle-income country. This would be a major achievement, and it would help to improve the lives of millions of Indonesians.
What country is #1 in GDP per capita?
When it comes to GDP per capita, there is no question that Qatar is king. With a GDP per capita of $128,600, Qatar easily exceeds any other country in the world. This is largely due to the country’s oil and gas reserves, which account for approximately 60% of its GDP.
Runner-up countries include Luxembourg, Switzerland, and Norway, all of which have GDP per capita of over $70,000. In contrast, the poorest countries in the world have GDP per capita of less than $1,000.
It is important to note that GDP per capita is not a perfect measure of a country’s wealth or prosperity. It does not take into account factors such as inequality, poverty, or human development. Nonetheless, it is a commonly used measure and provides a good indication of a country’s economic standing.
So what about the United States? The US ranks 15th in the world with a GDP per capita of $56,300. While this is far from the top, it is still a very prosperous country. And with a population of over 320 million, the US is by far the most populous country in the world.
So there you have it – Qatar is the richest country in the world when it comes to GDP per capita, while the US is somewhere in the middle. However, it is important to remember that GDP per capita is not the only measure of a country’s wealth or prosperity, and that there are many other factors to consider.
What is Indonesia’s GDP per capita 2021?
On January 1, 2021, Indonesia’s GDP per capita was estimated to be $9,726.60. This figure is based on World Bank data and is adjusted for inflation.
Indonesia is the world’s fourth most populous country, with a population of over 260 million people. The country’s GDP (gross domestic product) is the sum of all the goods and services produced in the country in a given year.
GDP per capita is a measure of a country’s economic development and is calculated by dividing GDP by the country’s population. This figure gives a rough estimate of the average wealth of the country’s citizens.
In 2021, Indonesia’s GDP per capita was estimated to be $9,726.60. This figure is based on World Bank data and is adjusted for inflation.
The figure for Indonesia’s GDP per capita in 2021 is lower than the figures for some of its neighboring countries, such as Thailand ($11,438.60) and Malaysia ($11,624.60). However, it is higher than the figures for countries such as the Philippines ($6,548.40) and Vietnam ($2,852.40).
Indonesia’s GDP per capita has been increasing steadily in recent years, with a 5.3% increase between 2016 and 2021. This growth is due, in part, to the country’s growing population and increasing labor force.
The country’s main exports are oil and gas, textiles, clothing, and rubber. Its main imports are machinery, vehicles, and food.
Indonesia is a member of the G20, an international forum for the world’s 20 major economies.
Is Indonesia a poor or rich country?
Is Indonesia a poor or rich country? This is a question that has been asked many times, but the answer is not so simple. Indonesia is a large country with a population of over 250 million, and it is home to a mix of rich and poor people.
There are some areas of Indonesia that are incredibly wealthy, while other parts of the country are very poor. The GDP (gross domestic product) of Indonesia is around $1 trillion, making it the 16th largest economy in the world. However, the standard of living in Indonesia varies a great deal, and there are many people who live in poverty.
One of the reasons for this is the uneven distribution of wealth in Indonesia. There are a small number of very wealthy people in the country, while the majority of Indonesians are relatively poor. This is in part because the country is still developing, and there are many areas that have not yet seen significant economic growth.
Another factor that contributes to the wide range of incomes in Indonesia is the high level of corruption. This has prevented many people from benefiting from the country’s economic growth, and has resulted in a large gap between the rich and the poor.
Despite these challenges, Indonesia is gradually becoming a wealthier country. The GDP of Indonesia is forecast to grow by around 5% in 2018, and the country is expected to become the world’s seventh largest economy by 2030. This growth is expected to benefit the majority of Indonesians, and will help to reduce the level of poverty in the country.
So, is Indonesia a poor or rich country? In short, it is both. However, the country is gradually becoming wealthier, and the majority of Indonesians are expected to benefit from this growth.
Is Indonesia a 3rd world country?
There is no strict definition of what constitutes a 3rd world country, but most experts use factors such as economic development, life expectancy, literacy rates and standard of living to determine this. So, is Indonesia a 3rd world country?
Well, on the surface, it would seem that Indonesia does fit this description. The country has a GDP per capita of just $3,900, which is well below the global average of $10,700. In addition, the average life expectancy in Indonesia is just 72 years, while the literacy rate is just 86%.
However, it’s worth noting that there is a lot of disparity in Indonesia when it comes to standard of living. While there are some areas of the country that are extremely poor, there are also many areas that are quite affluent. For example, the capital city of Jakarta is home to some of the most expensive real estate in the world.
So, while Indonesia is certainly not as affluent as many other countries in the world, it is inaccurate to label it as a 3rd world country. There are both rich and poor areas within the country, and the standard of living varies greatly from one region to the next.
Is Indonesia becoming a superpower?
Is Indonesia becoming a superpower? The answer to this question is a resounding yes. Indonesia is the world’s fourth most populous country with over 260 million people, and it is the world’s largest Muslim-majority country. Indonesia also has the world’s largest economy in terms of GDP (PPP) and the world’s second-largest economy in terms of GDP (nominal).
So what is driving Indonesia’s economic growth? There are several factors. Firstly, Indonesia has a young population, with over 60% of the population under the age of 30. This young population is a major driver of economic growth, as they are entering the workforce and contributing to the economy. Secondly, Indonesia has a large and growing middle class. The middle class is a major consumer of goods and services, and as the middle class grows, so does the economy.
Thirdly, Indonesia is a major exporter of goods. Indonesia is a major exporter of natural resources, such as palm oil, coal, and coffee. Indonesia is also a major exporter of manufactured goods, such as textiles and electronics. Finally, Indonesia is a major tourist destination. The country attracted over 17 million tourists in 2017, and this number is expected to grow in the years ahead.
All of these factors are contributing to Indonesia’s economic growth, and as a result, the country is becoming a superpower. In the years ahead, Indonesia is likely to see even more economic growth, and the country will likely become the world’s third-largest economy.