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Home  >>   Daily News  >>Indonesia>>Economy>>Indonesia to be world's 4th largest economy by 2045
NEWS UPDATES Asean Affairs     March 29, 2017  









Indonesia to be world's 4th largest economy by 2045

President Joko “Jokowi” Widodo has expressed his optimism that Indonesia will become the world’s fourth largest economy by 2045.

He said the predication was based on calculations made by the Office of the Coordinating Economic Minister, the Finance Ministry and the National Development Planning Board (Bappenas).

“Based on our calculations, Indonesia will be the fourth largest economy in the world. I believe these calculations because they were made by economic experts. Who doubts Sri Mulyani Indrawati and Darmin Nasution?” he said on Monday, referring to his finance minister and coordinating economic minister, respectively.

“These are all world-class economists. I am not the one who did the calculations.”

Jokowi said his Cabinet’s calculations showed that by 2045, by which point Indonesia will have reached its 100th year of independence, Indonesia will have a population of 309 million people, economic growth of 6 percent and gross domestic product of US$9.1 trillion.

Furthermore, Indonesia’s income per capita is predicted to reach $29,000.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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