Largest Muslim nation Indonesia economy Booming

[anzeloti]

With a one-trillion-dollar economy growing at 6% a year, Indonesia is Southeast Asia's largest market, and is becoming increasingly attractive to road warriors.
The nation’s overseas and domestic business travel market is in good health due to rising investment and a growing middle class. Business events and commercial interest are spilling out of the capital, Jakarta, and into other major Indonesian cities, with Batam, Bintan, Medan and the island of Bali drawing many executives. And following a regulation mandating that oil, gas and natural resources companies invest in the local area, the expanding energy and pharmaceutical sectors are funding business travel and business events throughout country.
“An oil company operating rigs or vessels in one area needs to book all its travel from local suppliers and not use agents based outside the country,” said Adam Knights, group sales director at ATPi, a travel management company.
In addition, the country will host various Asia-Pacific Economic Cooperation conferences this year, such as the CEO Summit, the Trade Finance and Treasury Reform meetings.
Indonesia’s economy is predicted to be larger than Germany’s in terms of projected GDP by 2050

Jakarta

[AhlulbaytSoldier]

Also lots of poverty... AUN

[LiquidHYDROGEN]

Indonesia GDP per capita - 3,556.79 USD (2012) (Compare Sweden's $55,244 and Taiwan's $31,900)

Indonesia HDI figure - 0.629 (Compare Singapore's 0.895 and Finland's 0.892)

Yeah it's booming that's why there are so many running away to the Middle-east and Hong-Kong to be under-paid and abused maid-servants.

Large population + Shiny buildings ≠ Booming

[waraabe251]

Liquid is annoying but truthful

[Shirib]

Their economy is booming and their middle class will pick up. Countries with huge populations like Indonesia take longer time for the effects to trickle down to the entire population, but their economy is doing well and should be applauded.

[Chinaman]

Indha-Yars have high IQs in general although southern Indha-Yars like Indonesians have a bit of Melanesian admixture.

Somalis & Jareers on the other hand are intellectually disabled on average.


Usually it goes something like this:

Indha-Yars> Europeans & other Cadaans > South Americans > Persians and other ME Non-Arabs> Real Arabs > Pakistanis & Indians > Somalis, Habeshis & Jareers > Hunter-Gatherer tribes in Africa, Asia and the Aborigines of Australia.

[Shirib]

Indonesia GDP per capita - 3,556.79 USD (2012) (Compare Sweden's $55,244 and Taiwan's $31,900)

Indonesia HDI figure - 0.629 (Compare Singapore's 0.895 and Finland's 0.892)

Yeah it's booming that's why there are so many running away to the Middle-east and Hong-Kong to be under-paid and abused maid-servants.

Large population + Shiny buildings ≠ Booming

GDP per capita isn't a measurement of how good a countries economy is, but rather the purchasing power of individuals. The smaller your population the higher chance of having a high GDP/Capita, even if your economy isn't a complex and booming economy.

Qatar has the worlds highest GDP/Capita and their entire economy is based on oil exports. China has the worlds largest economy and has a GDP per capita that ranks 93rd in the world, smaller than countries like the Dominican Republic, Saint Lucia and Lebanon.

India's economy is booming and is top 10 in the world but they have a low HDI and a good amount of their countrymen go to Arab countries where they get abused and are underpaid. It doesn't change the fact that India's economy is top 10 in the world and is one of the largest emerging markets.

[anzeloti]

Indonesia GDP per capita - 3,556.79 USD (2012) (Compare Sweden's $55,244 and Taiwan's $31,900)

Indonesia HDI figure - 0.629 (Compare Singapore's 0.895 and Finland's 0.892)

Yeah it's booming that's why there are so many running away to the Middle-east and Hong-Kong to be under-paid and abused maid-servants.

Large population + Shiny buildings ≠ Booming

GDP per capita isn't a measurement of how good a countries economy is, but rather the purchasing power of individuals. The smaller your population the higher chance of having a high GDP/Capita, even if your economy isn't a complex and booming economy.

Qatar has the worlds highest GDP/Capita and their entire economy is based on oil exports. China has the worlds largest economy and has a GDP per capita that ranks 93rd in the world, smaller than countries like the Dominican Republic, Saint Lucia and Lebanon.

India's economy is booming and is top 10 in the world but they have a low HDI and a good amount of their countrymen go to Arab countries where they get abused and are underpaid. It doesn't change the fact that India's economy is top 10 in the world and is one of the largest emerging markets.

THIS...

[LiquidHYDROGEN]

Indonesia GDP per capita - 3,556.79 USD (2012) (Compare Sweden's $55,244 and Taiwan's $31,900)

Indonesia HDI figure - 0.629 (Compare Singapore's 0.895 and Finland's 0.892)

Yeah it's booming that's why there are so many running away to the Middle-east and Hong-Kong to be under-paid and abused maid-servants.

Large population + Shiny buildings ≠ Booming

GDP per capita isn't a measurement of how good a countries economy is, but rather the purchasing power of individuals. The smaller your population the higher chance of having a high GDP/Capita, even if your economy isn't a complex and booming economy.

Qatar has the worlds highest GDP/Capita and their entire economy is based on oil exports. China has the worlds largest economy and has a GDP per capita that ranks 93rd in the world, smaller than countries like the Dominican Republic, Saint Lucia and Lebanon.

India's economy is booming and is top 10 in the world but they have a low HDI and a good amount of their countrymen go to Arab countries where they get abused and are underpaid. It doesn't change the fact that India's economy is top 10 in the world and is one of the largest emerging markets.

I'm fully aware of the drawbacks of using gdp per capita as an index but I'm not sure what you're driving at. On the flipside, you can argue that Indonesia's GDP is so large because it has such a huge population - because the gdp is just the gdp per capita multiplied by the population. So if 250 million indonesians have a gdp of 900 million USD, then Sweden's GDP with the same population would be almost 14 trillion USD! That's why I referenced the Human Development Index as well. My point was that you shouldn't judge economic progress with shiny apartment blocks and Huge GDP but with the relative prosperity of the inhabitants and their quality of life. Otherwise China, India and Brazil would all be rich nations and Qatar would be classed as poorer.

[Shirib]

They're getting their. It takes a longer time for large countries to grow their middle class.

[Classiq]

Mashallah, Jakarta is looking good

[LiquidHYDROGEN]

Indha-Yars have high IQs in general although southern Indha-Yars like Indonesians have a bit of Melanesian admixture.

Somalis & Jareers on the other hand are intellectually disabled on average.


Usually it goes something like this:

Indha-Yars> Europeans & other Cadaans > South Americans > Persians and other ME Non-Arabs> Real Arabs > Pakistanis & Indians > Somalis, Habeshis & Jareers > Hunter-Gatherer tribes in Africa, Asia and the Aborigines of Australia.

how did I miss this? Where did that come from?

For all those thinking I'm ragging on the indos, I'm not. Props to them . From those pictures, their city blows most out of the water. And at least they don't have Mogadishu as their capital.