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(MoneyNewsWire.Net, September 16, 2017 ) Indonesia is one of the fastest growing and most promising economy in Asia. Indonesia's high growth rate in recent years was driven by high mineral exports, which accounts to 37.68% of total exports in value terms. Indonesia GDP is growing at a moderate rate of 5% in 2015. Indonesia was once a member of OPEC, but in January 2009, they suspended their membership. Imports of Machines have increased the country reaching 24.67% of total imports in value terms. Indonesia is expected to grow with a CAGR of XX.XX% till 2020.
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Indonesia’s major business partner are Asian Countries in 2014, which constitutes to 71% in Import and 75% in Exports. China, Japan and Singapore are the biggest trade markets for Indonesia. Manufacturing and Mining provides the backbone to the economy and became the major source of employment in the country. Although, Agriculture provides the main livelihood to most of the population in the country.
Indonesia is home of 249.86 million people in 2014 and is expected to reach 271 million till 2020, with the majority being between 20-35 years old and living in urban areas. High population growth is due to high birth rate, better living conditions and improved healthcare.
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Drivers
Key factors in the growth of Indonesia are strong agriculture growth, promising mining and manufacturing market, advanced transportation facilities and young workforce.
Challenges
Indonesia market is badly affected by weak currency, costly imports, high fuel subsidies, high corruption and high water contamination.
What the report offers
The report will identify factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
It also contains competition analysis on global & regional scale providing region specific assessments. Competitive landscape will contain profiles of multiple companies along with their strategic initiatives and market shares. Finally, it offers a comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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