IndonesiaChapters
Indonesia is Southeast Asia’s largest economy and ranks 16th globally. It is the world’s fourth most populous country and is made up of over 17,000 islands, with more than 300 ethnic groups.
Indonesia has achieved remarkable economic growth during last two decades and has achieved its middle-income status. With aspirations to reach high-income status by 2045, the Government of Indonesia aims to grow at the brisk annual rate of eight percent by 2029.
Source: World Bank
Key indicators
- Area
- 1,904,569 km2
- Population
- 285,721,236 (2025)
- Government type
- presidential republic
- Languages
- Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (of which the most widely spoken is Javanese)
- GDP
- 1.44 trillion (2025)
- Growth rate
- 5% (2025)
- HDI
- 75.9
- Capital
- Jakarta
Macroeconomic indicators
Indonesia’s economy grew by 5 percent in the first half of 2025, supported by strong performance in agriculture, services, and net exports, according to the latest Indonesia Economic Prospects report. Annual growth is projected to remain steady, at 4.8 percent, through 2027, despite challenges from global policy uncertainty.
Source: World Bank
IMF Statistics:
| Subject descriptor | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
|
All Items, Consumer price index (CPI), Period average, percent change Percent (Units) |
3.713 |
2.3 |
1.839 |
2.905 |
2.522 |
|
Current account balance (credit less debit), Percent of GDP Percent (Units) |
-0.149 |
-0.622 |
-1.053 |
-1.209 |
-1.244 |
|
Current account balance (credit less debit), US dollar US dollar (Billions) |
-2.042 |
-8.681 |
-15.204 |
-18.739 |
-20.685 |
|
Exports of goods and services, Volume, Free on board (FOB), Percent change Percent (Units) |
4.387 |
1.804 |
3.227 |
6.366 |
8.103 |
|
Gross domestic product (GDP), Constant prices, Percent change Percent (Units) |
5.049 |
5.03 |
4.861 |
4.942 |
4.961 |
|
Gross domestic product (GDP), Current prices, Per capita, US dollar US dollar (Units) |
4919.943 |
4958.385 |
5074.049 |
5397.79 |
5735.504 |
|
Gross domestic product (GDP), Current prices, US dollar US dollar (Billions) |
1371.169 |
1396.3 |
1443.256 |
1550.236 |
1662.609 |
|
Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change Percent (Units) |
-3.069 |
6.556 |
7.059 |
8.505 |
9.678 |
|
Unemployment rate |
5.32 |
4.91 |
5.0 |
5.0 |
5.0 |
Estimates
Source: IMF Statistics - Indonesia
Relationships with Luxembourg
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention from 14.01.1993 (Memorial 1993, A No.103, p.2166)
- Effective as of 01.01.1995 (Memorial 1993, A No.103, p.2166)
Further information
Contact points in Indonesia
Embassy of the Grand Duchy of Luxembourg in Thailand
Ambassador with residence in Bangkok: H.E.Mr. Patrick HEMMER
Q House Lumpini 17th Floor
1 South Sathorn Road
Tungmahamek Sathorn
Bangkok 10120
Thailand
Tel.: (+66) 2 677 7360
Fax: (+66) 2 677 7364
E-Mail: bangkok.amb@mae.etat.lu
Honorary Consul
Honorary Consul with jurisdiction in the territory of Indonesia: Mr Teguh Putro SULISTO
Satmarindo Building
Jalan Ampera Raya 5
Jakarta 12560
Indonesia
Tel: (+62) 21 7883 6682
E-Mail: tedpsulisto@yahoo.com / tsd101@cbn.net.id
Source: Ministry of Foreign Affairs of Luxembourg