Indonesia has the 4th largest economy in the world with a GDP of $928 billion in 2012 and is the largest economy in Southeast Asia. It has a population of over 241 million and experienced strong economic growth over 6% annually since 2007. However, 12.5% of the population still lives below the poverty line. The industry sector accounts for 46.4% of GDP, followed by services at 37.1% and agriculture at 16.5%, although services now employ the most people at 48.9%. Major exports include oil and gas, electronics, and textiles, and its largest trading partners are Japan, Singapore, the US, and China. JuliusHuett Consultancy was established in 2012 to provide management consulting

1. MANAGEMENT CONSULTING
INTERIM MANAGEMENT
MARKET & BUSINESS INTELLIGENCE
© 2012 JULIUS HUETT CONSULTANCU LIMITED. JULIUS HUETT IS REGISTERED TRADEMARK NO. 2587834. | VAT. REG. NO.: 131 7903 27
THE INDONESIAN ECONOMY

2. JULIUS HUETT CONSULTANCY LIMITED
6 LANGDALE COURT | WITNEY | OXFORDSHIRE | UK | OX28 6FG
T: +44 (0)7506 722163 E: INFO@JULIUSHUETT.COM W: JULIUSHUETT.COM
REGISTERED IN ENGLAND AND WALES NO. 7970666 | VAT. REG. NO.: 131 7903 27
JULIUS HUETT CONSULTANCY INDONESIA
OFFICE 8 | LEVEL 18-A | JL. JEND SUDIRMAN KAV. 51-53
SUDIRMAN CENTRAL BUSINESS DISTRICT (SCBD)
JAKARTA | SELATAN | 10310 | INDONESIA | T: +62 (0812) 12 556861
INDONESIAN ECONOMY
With a population of more than 241 million, Indonesia is the 4th
largest economy in the world after China, India and the USA.
Thanks to a commercial output (GDP nominal) of US$928.274
billion in 2012, it is even collectively the 3rd largest economy in
Asia after China and Japan and the largest economy in Southeast
Asia. As member of the G-20 major economies, Indonesia will be
in the top ten countries with the strongest economy within the
next decade.
Since 2007, however, with the improvement in banking sector
and domestic consumption, national economic growth has
accelerated to over 6% annually and this helped the country
weather the 2008–2009 global recession. The Indonesian
economy performed strongly during the Global Financial Crisis
and in 2012 its GDP grew by over 6%. The country regained its
investment grade rating in late 2011 after losing it in the 1997.
However, as of 2011, an estimated 12.5% of the population still
lived below the poverty line and the official open unemployment
rate was 6.7%.
The industry sector is the economy's largest and accounts for
46.4% of GDP (2010), this is followed by services (37.1%) and
agriculture (16.5%). However, since 2010, the service sector has
employed more people than other sectors, accounting for 48.9%
of the total labor force, this has been followed by agriculture
(38.3%) and industry (12.8%). Agriculture, however, had been the
country's largest employer for centuries.
According to World Trade Organization data, Indonesia was the
27th biggest exporting country in the world in 2010, moving up
three places from a year before. Indonesia's main export markets
(2009) are Japan (17.28%), Singapore (11.29%), the United States
(10.81%), and China (7.62%). The major suppliers of imports to
Indonesia are Singapore (24.96%), China (12.52%), and Japan
(8.92%). In 2005, Indonesia ran a trade surplus with export
revenues of US$83.64 billion and import expenditure of
US$62.02 billion. The country has extensive natural resources,
including crude oil, natural gas, tin, copper, and gold. Indonesia's
major imports include machinery and equipment, chemicals,
fuels, and foodstuffs. And the country's major export commodi-
ties include oil and gas, electrical appliances, plywood, rubber,
and textiles.
This is why we are here, and this is why so many companies from
all over the globe want to start doing business in Indonesia. We
can help you with making this venture reality.
Speak with us. We are looking forward to hearing from you.
JuliusHuett®Consultancy, established in February 2012, is a
consultancy firm providing Management & Business Consulting,
Interim Management as well as Market & Business Intelligence
services to small and medium-sized enterprises (SMEs), but also
large corporations such as US Fortune 500 companies wishing to
enter, improve or turnaround their businesses in the emerging
markets of Southeast Asia, in particular Indonesia.
©2012JULIUSHUETTCONSULTANCULIMITED.