GDP based on PPP valuation - Kemlu · In line with Garuda Indonesia's continuous service...

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Embassy of the Republic of Indonesia in Addis Ababa News in Brief — June 2015 Edition Indonesia is the World 8th Largest Economy on GDP (PPP) Despite slowing down in recent years, Indonesia's growth trajectory remains impressive. The country's gross national income per capita has steadily risen, from $2,200 in the year 2000 to $3,524 in 2014. Today, Indonesia is the world's fourth most populous nation, the world's 8th largest economy in terms of purchasing power parity, and a member of the G-20. It has made enormous gains in poverty reduction, more than halving the poverty rate since 1999, to 11.3 percent in 2014. GDP based on PPP valuation (Current international dollar (Billions)) Source: IMF World Economic Outlook (WEOL April 2015 1 China 16,173.3 17,617.3 18,975.9 2 United States 16,768.1 17,418.9 18,124.7 3 India 6,783.7 7,375.9 7,996.6 4 Japan 4,685.3 4,750.8 4,843.1 5 Germany 3,610.1 3,721.6 3,815.5 6 Russia 3,491.6 3,564.5 3,458.4 7 Brazil 3,212.3 3,263.8 3,259.1 8 Indonesia 2,511.4 2,676.1 2,840.2 9 United Kingdom 2,449.7 2,548.9 2,641.4 10 France 2,534.5 2,580.8 2,633.9 11 Mexico 2,065.9 2,140.6 2,224.3 12 Italy 2,106.0 2,127.7 2,157.1 13 Korea 1,697.0 1,778.8 1,853.5 14 Saudi Arabia 1,527.7 1,605.7 1,668.1 15 Canada 1,530.0 1,591.6 1,640.4 Indonesia's economic planning follows a 20-year development plan, spanning from 2005 to 2025. It is segmented into 5-year medium-term plans, each with different development priorities. The current medium-term development plan runs from 2015 tc 2019, focusing, amongst others, on infrastructure development and impmving social assistance programs in education and health-care. Such shifts in public spending have been enabled by a reform of long-standing energy subsidies, allowing for more investments in programs that directly impact the poor and near-poor. The GDP based on Purchasing Power Parity (PPP) per capita GDP in Indonesia was reported at 4156.70 U.S. dollars in 2009, according to the International Monetary Fund (IMF). In 2015, Indonesia's GDP based on Purchasing Power Parity (PPP) per capita GDP is expected to be 6198.74 U.S. dollars. In 2009, Indonesia's economy share of world total GDP, adjusted by Purchasing Power Parity, was 1.38 percent. In 2015, Indonesia's share of world total GDP is forecasted to be 1.50 percent. Information: • Exhibition www, tradexpoindonesia,com L x I Trade and Investment Forum I Phone. +62 21 2353 8644/2352 8645 I iI i Fax. +62 212352 8645 • Business and investment Clinic 21 - 20. 2010 tradexpoindonesia@kemendag,goid • Business Matching . k - ti - 1 krn - - Ireeie "— Like on Facebook: www.facebook.com/kbriaddisababa For further information please contact us: Embassy of the Republic of Indonesia Fellow Ua an rwitter: @Inde-Cthie Addis Ababa - Ethiopia Egypt St. H-23, K-i3, House No. 1816 P.O.Box. 3.004 htt,://v,v,vlch,loddlee hoholceml ugoid Tip. +251-113-712104 / Fox. +251-113-710873

Transcript of GDP based on PPP valuation - Kemlu · In line with Garuda Indonesia's continuous service...

Embassy of the Republic of Indonesia in Addis Ababa News in Brief — June 2015 Edition

Indonesia is the World 8th Largest Economy on GDP (PPP)

Despite slowing down in recent years, Indonesia's growth trajectory remains impressive. The country's gross

national income per capita has steadily risen, from $2,200 in the year 2000 to $3,524 in 2014. Today, Indonesia is

the world's fourth most populous nation, the world's 8th largest economy in terms of purchasing power parity, and

a member of the G-20. It has made enormous gains in poverty reduction, more than halving the poverty rate since

1999, to 11.3 percent in 2014.

GDP based on PPP valuation (Current international dollar (Billions)) Source: IMF World Economic Outlook (WEOL April 2015

1 China 16,173.3 17,617.3 18,975.9

2 United States 16,768.1 17,418.9 18,124.7

3 India 6,783.7 7,375.9 7,996.6

4 Japan 4,685.3 4,750.8 4,843.1

5 Germany 3,610.1 3,721.6 3,815.5

6 Russia 3,491.6 3,564.5 3,458.4

7 Brazil 3,212.3 3,263.8 3,259.1

8 Indonesia 2,511.4 2,676.1 2,840.2

9 United Kingdom 2,449.7 2,548.9 2,641.4

10 France 2,534.5 2,580.8 2,633.9

11 Mexico 2,065.9 2,140.6 2,224.3

12 Italy 2,106.0 2,127.7 2,157.1

13 Korea 1,697.0 1,778.8 1,853.5

14 Saudi Arabia 1,527.7 1,605.7 1,668.1

15 Canada 1,530.0 1,591.6 1,640.4

Indonesia's economic planning

follows a 20-year development plan,

spanning from 2005 to 2025. It is

segmented into 5-year medium-term

plans, each with different development

priorities. The current medium-term

development plan runs from 2015 tc

2019, focusing, amongst others, on

infrastructure development and

impmving social assistance programs

in education and health-care. Such

shifts in public spending have been

enabled by a reform of long-standing

energy subsidies, allowing for more

investments in programs that directly

impact the poor and near-poor. The GDP based on Purchasing Power Parity (PPP) per capita GDP in Indonesia

was reported at 4156.70 U.S. dollars in 2009, according to the International Monetary Fund (IMF). In 2015,

Indonesia's GDP based on Purchasing Power Parity (PPP) per capita GDP is expected to be 6198.74 U.S. dollars.

In 2009, Indonesia's economy share of world total GDP, adjusted by Purchasing Power Parity, was 1.38 percent. In

2015, Indonesia's share of world total GDP is forecasted to be 1.50 percent.

Information: • Exhibition www, tradexpoindonesia,com

L x I Trade and Investment Forum • • I Phone. +62 21 2353 8644/2352 8645

I iI i Fax. +62 212352 8645 • Business and investment Clinic 21 - 20. 2010 tradexpoindonesia@kemendag,goid • Business Matching . k - • ti - 1 krn- - Ireeie

• "— Like on Facebook: www.facebook.com/kbriaddisababa For further information please contact us: Embassy of the Republic of Indonesia

Fellow Ua an rwitter: @Inde-Cthie Addis Ababa - Ethiopia Egypt St. H-23, K-i3, House No. 1816 P.O.Box. 3.004

htt,://v,v,vlch,loddlee hoholceml ugoid

Tip. +251-113-712104 / Fox. +251-113-710873

Garuda Indonesia Won "the World's Best Cabin Crew" 2015 Awards

In line with Garuda Indonesia's continuous service enhancement program, Garuda Indonesia's cabin crew again was voted "The World's Best Cabin Crew 2015" by Skytrax - a London-based, independent airline ranking agency. The award is the second consequtive year it has been won by Garuda Indonesia.

"The World's Best Cabin Crew 2015" award was presented on Tuesday, June 16, 2015 during the "The World Airline Awards 2015" and took place during the "Paris Airshow 2015" in Paris, France. "The World's Best Cabin Crew 2015" award was given to Garuda Indonesia based on a global customer satisfaction survey" conducted by Skytrax of more than 18 million passengers. The survey, which covers 245 international airlines, is held every year and measures standards across 41 key performance indicators of airline products and services.

At the World Airline Awards 2015, Garuda Indonesia P has also won 3 World's Best Airport Services, 6 th World's s Cleanest Aircraft Cabins, 4 the Best Airlines in Asia,

21x1 Best Airline Staff in Asia, 7th Best First Class Airline Seats, 4" Best First Class Comfort Amenities, 6th

World's Best Business Class Airlines, 4th Best Business Class Comfort Amenities, 7th Best Business Class Airline Catering, 10thi Best Business Class Airline Seats, 10th Best Business Class Lounge Dining 4th World Best Economy Class Airlines, Best Economy Class Airline Seats, and also 4t1 Best Economy Class Airline Catering. Through a continuous business transformation program, which focuses especially on fleet development, Garuda Indonesia will operate as many as 185 aircraft by the end of 2015 (including its subsidiary, Citilink). Since becoming a member of the global airline alliance Sky Team in March 2014, Garuda Indonesia, together with 19 other Sky Team members, provides access to an extensive global network with over 16,323 daily flights to 1,052 destinations in 177 countries.

Tourist from the 45 Countries Free Tourist Visa to Indonesiac

In order to improve the relations of the Republic of Indonesia with other countries and to provide benefits in national development, President Joko Widodo on June 9, 2015 has been signed Presidential Regulation No. 69 Year 2015 regarding Visa Free visits. Foreigners as referred, is given permission to stay visits, for a period of 30 (thirty) days, and cannot be extended or converted into any other residence permit. r

In the annex of the regulation, included the names of 30 countries declared free visit visa for the certain Immigration Check-Points, namely: China, Russia, South Korea, Japan, USA, Canada, New Zealand, Mexico, the UK, Germany, France, the Netherlands, Italy, Spain, Switzerland, Belgium, Sweden, Austria, Denmark, Norway, Finland, Poland, Hungary, Czech Republic, Qatar, the United Arab Emirates, Kuwait, Bahrain, Oman, and South Africa.

IV While the Immigration Check-Points, which provide visa-free visits to Foreigners from those countries are: Soekarno Hatta (Jakarta), Ngurah Rai (Bali), Kuala Namu (Medan), Juanda (Surabaya), Hang Nadim (Batam), Pelabuhan Laut Sri Bintan, Pelabuhan Laut Sekupang, Pelabuhan Laut Batam Center and Pelabuhan Laut Tanjung Uban (Riau). As certain countries and certain administrative government that declared of visa-free visit to Indonesia their are 13 (thirteen), namely: Thailand, Malaysia, Singapore, Brunei, the Philippines, Chile, Morocco, Peru, Vietnam, Ecuador, Cambodia, Laos, and Myanmar. While the Government of the Special Administrative certain countries visa-free visit to Indonesia as stipulated in the annex of Presidential Regulation there are 2 (two), namely Hong Kong and Macao.

In May, the Indonesia Trade Balance Surplus of US $ 0.95 Billions

Indonesia's trade balance in May 2015 again recorded a surplus of 0.95 billion US dollars. Performance of the positive trade balance supported by the increase in non-oil and gas balance surplus and the reduction in oil and gas balance deficit.The trade balance surplus in May 2015 is higher than in the previous month surplus of 0.48 billion US dollars. Bank Indonesia estimates that Indonesia's trade balance structure in the future will be healthier and the more support the recovery process of Indonesia's external balance.