Indonesia, the largest economy in Southeast Asia, has seen a slowdown in growth since 2012, mostly due to the end of the commodities export boom. During the global financial crisis, Indonesia outperformed its regional neighbors and joined China and India as the only G20 members posting growth. Indonesia's annual budget deficit is capped at 3% of GDP, and the Government of Indonesia lowered its debt-to-GDP ratio from a peak of 100% shortly after the Asian financial crisis in 1999 to 34% today. In May 2017 Standard & Poor's became the last major ratings agency to upgrade Indonesia's sovereign credit rating to investment grade. ++ Poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among its regions are still part of Indonesia's economic landscape. President Joko WIDODO - elected in July 2014 – seeks to develop Indonesia's maritime resources and pursue other infrastructure development, including significantly increasing its electrical power generation capacity. Fuel subsidies were significantly reduced in early 2015, a move which has helped the government redirect its spending to development priorities. Indonesia, with the nine other ASEAN members, will continue to move towards participation in the ASEAN Economic Community, though full implementation of economic integration has not yet materialized.

Fitch rating: BBB (2017)

Moody's rating: Baa2 (2018)

Standard & Poors rating: BBB (2019)

rubber and similar products, palm oil, poultry, beef, forest products, shrimp, cocoa, coffee, medicinal herbs, essential oil, fish and its similar products, and spices

petroleum and natural gas, textiles, automotive, electrical appliances, apparel, footwear, mining, cement, medical instruments and appliances, handicrafts, chemical fertilizers, plywood, rubber, processed food, jewelry, and tourism

calendar year

China 13.6%, US 10.6%, Japan 10.5%, India 8.4%, Singapore 7.6%, Malaysia 5.1%, South Korea 4.8% (2017)

mineral fuels, animal or vegetable fats (includes palm oil), electrical machinery, rubber, machinery and mechanical appliance parts

mineral fuels, boilers, machinery, and mechanical parts, electric machinery, iron and steel, foodstuffs

China 23.2%, Singapore 10.9%, Japan 10%, Thailand 6%, Malaysia 5.6%, South Korea 5.3%, US 5.2% (2017)

Indonesian rupiah (IDR) per US dollar -

general assessment: international service good; Indonesia has very low fixed line and fixed broadband penetration, high mobile penetration and moderate mobile broadband penetration; 4G mobile services are relatively advanced, 7 operators compete for revenue in the Indonesian market; Chinese company Huawei working on the development of 5G technology in the country; mobile broadband market still in early stages of development; data center market has experienced significant growth; Kacific-1 satellite launched in 2019 to significantly improve telecommunications (2020)

domestic: fixed-line 4 per 100 and mobile-cellular 127 per 100 persons; coverage provided by existing network has been expanded by use of over 200,000 telephone kiosks many located in remote areas; mobile-cellular subscribership growing rapidly (2019)

international: country code - 62; landing points for the SEA-ME-WE-3 & 5, DAMAI, JASUKA, BDM, Dumai-Melaka Cable System, IGG, JIBA, Link 1, 3, 4, & 5, PGASCOM, B3J2, Tanjung Pandam-Sungai Kakap Cable System, JAKABARE, JAYABAYA, INDIGO-West, Matrix Cable System, ASC, SJJK, Jaka2LaDeMa, S-U-B Cable System, JBCS, MKCS, BALOK, Palapa Ring East, West and Middle, SMPCS Packet-1 and 2, LTCS, TSCS, SEA-US and Kamal Domestic Submarine Cable System, 35 submarine cable networks that provide links throughout Asia, the Middle East, Australia, Southeast Asia, Africa and Europe; satellite earth stations - 2 Intelsat (1 Indian Ocean and 1 Pacific Ocean) (2019)

mixture of about a dozen national TV networks - 1 public broadcaster, the remainder private broadcasters - each with multiple transmitters; more than 100 local TV stations; widespread use of satellite and cable TV systems; public radio broadcaster operates 6 national networks, as well as regional and local stations; overall, more than 700 radio stations with more than 650 privately operated (2019)

.id

PK (2016)

1064 km condensate, 150 km condensate/gas, 11702 km gas, 119 km liquid petroleum gas, 7767 km oil, 77 km oil/gas/water, 728 km refined products, 53 km unknown, 44 km water (2013)

by type: bulk carrier 109, container ship 217, general cargo 2,198, oil tanker 622, other 6,733 (2019)

主要海港: Banjarmasin, Belawan, Kotabaru, Krueg Geukueh, Palembang, Panjang, Sungai Pakning, Tanjung Perak, Tanjung Priok

集装箱港口 (吞吐量TEU): Tanjung Perak (3,553,370), Tanjung Priok (6,090,000) (2017)

液化天然气接收站 (export): Bontang, Tangguh

液化天然气接收站 (import): Arun, Lampung, West Java