Indonesia
Revealed !
Joe Kaesshaefer
Senior Commercial Officer
U.S. Embassy - Jakarta
INDONESIA REVEALED !
U.S. & Foreign Commercial Service
U.S. Embassy Jakarta
As Wide As The USA
• Largest Muslim population
• 4th largest country
• 3rd largest democracy
• 41% of ASEAN population
• Seat at the G-20 table
INDONESIA REVEALED !
• 2nd largest CO2 emitter
• Obama Comprehensive
Partnership and
visit in June 2010
• Locke Clean Energy Trade
Mission in May 2010
INDONESIA REVEALED !
A Giant Market
Population
4th Largest Country in the World
230 Million people - 5% Chinese Indonesians
Archipelago of 17,000 islands
More than 300 ethnic groups
INDONESIA REVEALED !
Democracy and Renewed Growth
(“The Year of Living Dangerously
“Eat Pray Love”)
• 1965 – 1997
Suharto Era – annual growth of 7-8%
• 1997-1998
Asian Financial Crisis – GDP falls 14%
• 1998 - 2004
Restructuring economic & transition to
democracy
• 2004
Election of Susilo Bambang Yudhoyono
– growth returns to 6%+
• 2009
Re-election of Susilo Bambang Yudhoyono
- Steady growth at 5.2%
• 2010
Growth and Democracy strengthened
Obama “Partnership”
INDONESIA REVEALED !
Security Conditions Improving
then …..
October 12, 2002
Bali Bombings Kill 202
August 5, 2003
Marriott Bombing
September 2004
Australian Embassy Bombing
October, 2005
Bali Bombings Kill 23
INDONESIA REVEALED !
now …..
2006 – present
No Bombings
Hundreds of Terrorists Jailed
May 2008
Travel Warning Lifted
July 2009
Two Bombs
Present
Terrorists Being Contained
2007
2008
2009
2010 (est)
GDP Growth
6.30%
6.10%
4.50%
5.20%
6.30%
6.10%
4.50%
5.20%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
Year
GDP Growth
GDP Growth
PerCapita GDP
2009 = $4,149
INDONESIA REVEALED !
2007
2008
2009
2010 (est)
Consumer price inflation
6.30%
7.12%
2.87%
5.30%
6.30%
7.12%
2.87%
5.30%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
Year
Consumer price inflation
Inflation Is Relatively Low
INDONESIA REVEALED !
2007
2008
2009
2010 (est)
Exchange rate
Rp9,143
Rp10,950
Rp10,356
Rp9,425
Rp9,143
Rp10,950