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 the Asian Development Bank (ADB) in 1966. Today, the country is ADB’s sixth largest shareholder and one of its largest sovereign borrowers.
Indonesia has made remarkable development strides in the 21st century, including sustained economic growth and significant reductions in poverty. An upper middle-income country, Indonesia aspires to be a high-income country by 2045, while avoiding the middle-income trap. The country’s progress is, however, at risk of reversal because of the impacts of the coronavirus disease (COVID-19) pandemic on lives and livelihoods. Public health measures and expanded social and economic assistance are among the near-term priorities. Then, as part of a sustainable economic recovery, Indonesia must overcome its longstanding development challenges, including developing human capital, boosting competitiveness, managing climate change and disaster risks, and achieving environmental sustainability. ADB operations in Indonesia are guided by the country partnership strategy covering 2020–2024, which aims to support inclusive, competitive, and sustainable development.
Since 1966, ADB has committed sovereign and nonsovereign loans, grants, and technical assistance totaling $43.37 billion for Indonesia.
Downtown Jakarta, Indonesia.