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Indonesia

Indonesia is located in south-eastern Asia, comprising of 5 main islands and 4 archipelagos situated between the Indian and Pacific Ocean. It also contains the most volcanos in the world.

Indonesia is located in south-eastern Asia, comprising of 5 main islands and 4 archipelagos situated between the Indian and Pacific Ocean. It also contains the most volcanos in the world.

Overview

Official Name
Republic of Indonesia

Capital
Jakarta

Independence Day
17 August 1949

Population, Territory and Currency

270,625,568 (2019)

1,904,569 square km

Rupiah (IDR)
Price per meal: ~31,000 – 85,500 IDR (SGD$2.80-8)

Demographics

Demographics Demographics

69.3 Life expectancy
Source: World Health Organisation (2019)

56.6% Urban population
Source: United Nations (2019)

50.4% Of the population are male
Source: World Bank (2019)

16.8% Are youths aged 15-24
Source: United Nations (2019)

The Flag

The flag of Indonesia is a simple bicolour with 2 equal horizontal bands of red (top) and white (bottom). The red band represents the courage and blood of the Indonesian people while the white band represents purity and spirits of the people.

The Flag
Flag of Indonesia

Key Historical Events

1670-1900

Dutch colonial rule, formed Dutch East Indies.

1942

Japanese invasion.

1949

Independence after 4 years of guerrilla warfare.

1962

West Papua held by Netherlands placed under UN administration. Indonesian occupation.

1965

Failed coup, thousands of suspected communists killed in the aftermath.

1969

West Papua officially incorporated into Indonesia.

1999

Free elections held in Indonesia. East Timor’s independence.

Economic Profile

Indonesia is Southeast Asia’s largest economy, and also its most populous one. Its relatively young population of 260 million represents both a sizeable workforce and pool of consumers. This is complemented by the country’s steady economic growth of 5.1% in 2017, and 5.3% expected for 2018.

SGP X IND: These strong fundamentals make Indonesia one of Southeast Asia’s most attractive investment locations. This is a sentiment echoed by Singapore firms – almost half of 1,100 firms surveyed by the Singapore Business Federation ranked Indonesia as their top overseas destination.

Industry

Agriculture
42% of the total labour force engages in agriculture contributing to 14.4% of the country’s GDP. Rice and coffee remain the major produce of the country.

Textile & Apparel
The manufacturing industry of Indonesia ranks 14th in the world. Around 155 textile production companies went bankrupt in 2009 due to enormous inflow from China.

Tourism
Tourism is among the biggest economy boosters in Indonesia, contributing to 3% of the country’s GDP. Due to its location, it has a diverse landscape.

Places of Interest

Places of Interest

Mount Bromo
Active volcano

Often surrounded by smoke and a multi-coloured sky, this volcano is one of the most iconic sights and a popular excursion.

Lake Toba
Site of a super volcanic eruption

Indonesia’s biggest and most beautiful lake, it is almost twice the size of Singapore. The lakes offers many viewpoints to enjoy its sight, surrounded by hills and lush greenery.

Local Food

Local Food

Satay
Meat skewers cooked over coals served with rice cakes and peanut sauce. A national dish and can be found everywhere in Indonesia.

Nasi Goreng
The fried rice is a national dish, where rice is mixed with vegetables, chicken/beef/seafood cooked in sweet thick soy sauce accompanied by cucumber and tomato.

Beef Rendang
Originating from Sumatra, this spicy meat dish is slow cooked and braised in coconut milk and spice mixture.