Indonesia’s GDP has gorwn significantly and reached over $1 trillion in 2019. With an estimated population approaching 265 million, close proximity to Australia and a swelling middle class of over 60 million people it is clear that Indonesia's economic potential is significant and must be considered as a major export market for Australian exporters.
Australian companies are active in agribusiness, and are increasing their profile in the services, infrastructure, clean energy and environmental sectors. At over $3 billion, Indonesia is Australia's third largest agriculture export market behind China and Japan. Indonesia's main agricultural products include rice, coconuts, soy beans, bananas, coffee, tea, palm, rubber, and sugar cane.
Opportunities also exist in the areas of Infrastructure, Education and training, Healthcare, ICT and telecommunications, Automotive and advanced manufacturing, Financial and business services, and Mining and oil & gas.
| Population | 264.2 million (2018) |
| GDP | $ 1,111 billion (2019) |
| GDP per Capita (nominal) | $ 4,163 (2019) |
| GDP growth | 5.0% (2019) |
| Inflation | 3.2% (2019) |
| Key Industries | Agriculture, Fishing, petroleum, timber, paper products, cotton cloth, tourism, mining of petroleum, natural gas, auxite, coal and tin |
| Import Partners | China 24.1%, Singapore 11.6%, Japan 9.5%, Australia (8th) 3.1% (2019) |
| Export Partners | China 15.1%, Japan 10.8%, , USA 10.2%, Australia (13th) 1.6% (2019) |
