Photo by UNDP Indonesia
The largest economy in Southeast Asia, Indonesia – a diverse archipelago nation of more than 300 ethnic groups – has charted impressive economic growth since overcoming the Asian financial crisis of the late 1990s.
Today, Indonesia is the world’s fourth most populous nation, the world’s 10th largest economy in terms of purchasing power parity, and a member of the G-20. Furthermore, Indonesia has made enormous gains in poverty reduction, cutting the poverty rate by more than half since 1999, to just under 10 percent in 2020.
Indonesia’s economic planning follows a 20-year development plan, spanning from 2005 to 2025. It is segmented into 5-year medium-term development plans called the RPJMN (Rencana Pembangunan Jangka Menengah Nasional), each with different development priorities. The current medium-term development plan is the last phase of the long-term plan. It aims to further strengthen Indonesia’s economy by improving the country’s human capital and competitiveness in the global market.
Source: World Bank, Indonesia Country Overview
Link to Indonesia's handbook on SDG Investor Map: Indonesia SDG Investor Map Handbook
