| ECONOMY |
| Overview |
Indonesia,
a vast polyglot nation, faces severe economic development
problems stemming from secessionist movements and the low
level of security in the regions; the lack of reliable legal
recourse in contract disputes; corruption; weaknesses in the
banking system; and strained relations with the IMF. Investor
confidence will remain low and few new jobs will be created
under these circumstances. In November 2001, Indonesia agreed
with the IMF on a series of economic reforms in 2002, thus
enabling further IMF disbursements. Negotiations with the
IMF and bilateral donors continued in 2002. Keys to future
growth remain internal reform, the build-up of the confidence
of international donors and investors, and a strong comeback
in the global economy. |
| GDP |
purchasing
power parity - $714.2 billion (2002 est.) |
| GDP
- real growth rate |
3.7% (2002
est.) |
| GDP
- per capita |
purchasing
power parity - $3,100 (2002 est.) |
| GDP
- composition by sector |
agriculture:
17%
industry: 41%
services: 42% (2001 est.) |
| Population
below poverty line |
27% (1999)
|
| Inflation
rate (consumer prices) |
11.9% (2002
est.) |
| Labor
force |
99 million
(1999) |
| Labor
force - by occupation |
agriculture
45%, industry 16%, services 39% (1999 est.) |
| Unemployment
rate |
10.6% (2002
est.) |
| Industries |
petroleum
and natural gas; textiles, apparel, and footwear; mining,
cement, chemical fertilizers, plywood; rubber; food; tourism
|
| Industrial
production growth rate |
4.9% (2002
est.) |
