Summary of Indonesia's Economic Analysis
Indonesia’s economic growth averaged 5.8% over the last decade. However, GDP growth has decelerated gradually since peaking at 6.5% in 2011 to 5.1% in 2014, its slowest since 2009.
The government aims to achieve sustained higher growth and job creation, while reducing inequality in the next five years. Factors that could help Indonesia to achieve these goals include demographic transition, rapid urbanization, increased integration with economies in the region, and a potential advantage in labor–intensive exports on the back of rising labor costs in the People’s Republic of China.
About ADB Papers on Indonesia
The ADB Papers on Indonesia are designed to provide information, analysis, and advice on issues of interest to Indonesia's development stakeholders. The series is produced by sector experts and maintained by the ADB Indonesia Resident Mission.