ADB's Work in Indonesia
Shareholding and Voting Power
Number of shares held:
578,100 (5.434% of total shares)
617,214 (4.641% of total membership, 7.127% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Indonesia was a founding member of ADB in 1966. Today, the country is ADB’s sixth largest shareholder and one of its largest sovereign borrowers.
Indonesia has made remarkable progress in its social and economic development in the past few decades. Since the 1998 Asian financial crisis, its economy has grown tenfold and per capita income has risen eightfold. The country reached middle-income status in 2004 and became a Group of Twenty (G20) member in 2008. Poverty levels fell to single digits for the first time in 2018.
Rush hour in Indonesia's capital city of Jakarta
Despite this progress, fostering inclusive and sustainable economic growth remains a challenge in Indonesia. Poverty is still significant, inequality and regional income disparities are relatively high, and quality jobs are scarce. To address these challenges, the Government of Indonesia’s medium-term development priorities include building economic resilience to achieve quality and equitable economic growth; promoting economic infrastructure and basic services; developing quality and competitive human capital; addressing environment and climate change; and supporting regional development.
Since 1966, ADB has committed sovereign and nonsovereign loans, grants and technical assistance totaling $39.18 billion.