Indonesia – Fast Facts
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Indonesia is a lower middle-income economies coming under the East Asia and the Pacific region as to the classification made by the World Bank on the basis of income and region for the year 2006.
Indonesia is a lower middle-income economies coming under the East Asia and the Pacific region as to the classification made by the World Bank on the basis of income and region for the year 2006.
The Government of the country has a dominant role on economy. Since the year 2004 the country’s economy has been experiencing more than 5% of annual growth rate. The Government from time to time has stepped forward to remove the regulatory barriers on the country’s economy. Presently Indonesia is a member country of World Trade Organization (WTO), Organization Of Petroleum Exporting Countries (OPEC) and ASEAN.
Major agricultural products of the country are tobacco, coffee, rice, rubber, palm oil, tea and sugarcane. Important industries are cement, chemicals, fertilizers, petroleum and tourism. The country possesses huge deposits of nickel, copper, gold, and bauxite.
