Economy
*Overview:
- economy grew about 6.1% and 6.4% in 2010 and 2011
-goverment made a economic advances with the first administration of their President YODHOYONO
-he introduced taxes, custom reforms, Treasury bills,and capital market development and supervision
- government faces the ongoing challenge of improving Indonesia's insufficient infrastructure to remove impediments to economic growth, labor unrest over wages, and reducing its fuel subsidy program in the face of rising oil prices.
*GDP Per Capita (PPP): $4,700 (2011 est.)
*Labor Force-By Occupation:
-agriculture: 38.3%
-industry: 12.8%
-services: 48.9%
*Unemployment rate: 6.6% 70th in the world
*Population below poverty line: 12.5%
*Industries:petroleum, natural gas, textiles, apparel, footwear, mining, cement, chemical fertilizers, plywood, rubber, food, and tourism
*Currency: Indonesian Rupiahs (IDR)
- economy grew about 6.1% and 6.4% in 2010 and 2011
-goverment made a economic advances with the first administration of their President YODHOYONO
-he introduced taxes, custom reforms, Treasury bills,and capital market development and supervision
- government faces the ongoing challenge of improving Indonesia's insufficient infrastructure to remove impediments to economic growth, labor unrest over wages, and reducing its fuel subsidy program in the face of rising oil prices.
*GDP Per Capita (PPP): $4,700 (2011 est.)
*Labor Force-By Occupation:
-agriculture: 38.3%
-industry: 12.8%
-services: 48.9%
*Unemployment rate: 6.6% 70th in the world
*Population below poverty line: 12.5%
*Industries:petroleum, natural gas, textiles, apparel, footwear, mining, cement, chemical fertilizers, plywood, rubber, food, and tourism
*Currency: Indonesian Rupiahs (IDR)