What is Indonesia’s GDP made of?
This statistic shows the share of economic sectors in the gross domestic product (GDP) in Indonesia from 2010 to 2020. In 2020, the share of agriculture in Indonesia’s gross domestic product was around 13.7 percent, industry contributed approximately 38.26 percent and the services sector contributed about 44.4 percent.
What contributes to Indonesia’s GDP?
In 2020, preliminary figures showed that the manufacturing sector contributed to approximately 20 percent of Indonesia’s GDP.
Contribution to gross domestic product of Indonesia in 2020, by industry.
|Characteristic||Share of gross domestic product|
|Mining and quarrying||6.44%|
What is the main source of income in Indonesia?
Major industrial sectors include petroleum and natural gas, textiles and apparel, mining, footwear, plywood, rubber and chemical fertilisers. The services sector is equally as important to Indonesia’s economy, accounting for 43 per cent of GDP in 2015. Agriculture on the other hand only accounted for 14 per cent.
What does Indonesia produce the most?
The major food crops, ranked by area harvested, are rice, corn, cassava, soybeans and peanuts. Indonesia is also one of the world’s largest producers and exporters of tree crops such as rubber, copra, palm kernels, palm oil, coffee, cocoa and spices (Ministry of Agriculture, 2001).
What are the main contributors to economy in Jakarta?
The key economic sectors of Jakarta include the following: Banking. Trading. Financial services.
The cities top industrial sectors include the following:
- Mechanical engineering.
- Biomedical sciences manufacturing.
How did Indonesia’s economy grow?
The value of Indonesia’s exports rose rapidly in the early 1970s in line with the first oil price shock. … By the late 1980s, exports (and imports) had began to rise strongly again as the government pursued policies of trade liberalisation and as the industrialisation of the Indonesian economy accelerated.
What is Indonesia known for economically?
The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the world’s main suppliers of rubber, coffee, cocoa, and palm oil; it also produces a wide range of other commodities, such as sugar, tea, tobacco, copra, and spices (e.g., cloves).
Is Indonesia rich in natural resources?
Thanks to its geological location and large surface area, Indonesia is very rich in resources. It can produce a large variety of minerals at a very high level. To a large extend, the gas and oil reserves are increasingly used for Indonesia’s own economy.
Is Indonesia poor than India?
Dubbed as a lower middle income country, India is found to be scoring lower than Indonesia on five of the seven counts mentioned in the report. … Dubbed as a lower middle income country, India is found to be scoring lower than Indonesia on five of the seven counts mentioned in the report.