Indonesia Socio- Economic Status

Indonesia— is a country in Southeast Asia. Situated between the Indian and Pacific Ocean, it is the largest island country, with more than thirteen thousand islands. It has an estimated population of over 258 million people and is the world's fourth most populous country as well as the most populous Muslim majority country. The world’s most of Java contains more than half of the country's population.

•Indonesia's republican form of government includes an elected legislature and president.

• It has 34 provinces, of which five have Special Administrative status.

•Its capital city is Jakarta.

•Indonesia is a founding member of ASEAN and a member of the G-20 major economies. The Indonesian is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP.

Economy of Indonesia  

    

Has the largest economy in Southeast Asia and is one of the emerging market economies of the world. The country is also a member of G-20 major economies and classified as a newly industrialised country. It is the sixteenth largest economy in the world by nominal GDP and is the eighth largest in terms of GDP (PPP). Indonesia still depends on domestic market, and government budget spending and its ownership of state-owned enterprises (the central government owns 141 enterprises) and the administration of prices of a range of basic goods including, rice, and electricity plays a significant role in Indonesia market economy, but since the 1990s, 80 percent of the economy has been controlled by private Indonesians and foreign companies.