Indonesia

WHAT'S NEXT?: Indonesia's GDP is forecast to grow at 5% a year over 2016-2020, supported by strong growth in consumer demand and infrastructure investment. She is likely to be among the star economic performers for at least the next decade but at the same time faces great challenges to overcome past political and social issues.

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• In 2017-18 world exports of raw cotton are forecast to increase by 6 per cent to around 8.2 million tonnes.
• Australian sugar exports are projected to be around 4.7 million tonnes in 2021-22, supported by increased Australian production and strong import demand from the Republic of Korea, Indonesia and China.
• Growth in sugar consumption is projected for Brazil, China, India.
• Demand for milling wheat in China, Indonesia and the Republic of Korea-Australia s largest export markets-is expected to strengthen in line with population growth.
• Higher sugar exports from Brazil and Thailand are expected to meet strong import demand from Algeria, Bangladesh, Indonesia.
• Indonesia, Philippines and Vietnam will see the strongest growth in mobile ad spending bolstered by heavy smartphone adoption among the countries in Southeast Asia.
• Part of the revised ISIS strategy will likely include a rejuvenated focus on planning and conducting spectacular attacks in the West.
• Sugar consumption is expected to continue to fall in the European Union and the United States because of long-term declines in the population growth rate.
• Sugar consumption is forecast to increase in non-OECD countries including Brazil, China, India.
• Global cereal consumption is expected to grow by 388 Mt reaching 2786 Mt by 2024.
• Indonesia, Mexico, Russia, and South Korea are expected to have larger economies measured by gross domestic product and purchasing power parity than any of the G7 nations by 2030.
• Over the next 20 years, India's per capita GDP will lag behind Asia's growth rate: By 2034, income levels in India could be at par with those in Vietnam, and the income gap between India and Indonesia could widen.
• The rise of new global and regional players such as China, India, Brazil, South Africa and Indonesia among others will make the international system more heterogeneous.
• Further monetary easing is expected to be limited due to anticipated increases in the United States interest rates, low policy rates, and high household debt and asset market speculations in some of the region's economies.
• Further monetary support is expected to remain limited owing to already-low policy rates and anticipated increases in the United States interest rates.
• Trade in coal (as measured by imports between regions) is projected to grow gradually from 2015 to 2040 at an average rate of 1% / year.
• Indonesia will build several military bases in the Natuna Islands to safeguard the country's sovereignty.
• Coal will continue to be a critical part of the energy mix in countries such as Turkey, China, India, Indonesia and South Africa for some time.
• VAM consumption from emerging Asian markets is expected to remain robust and grow at 5-10% year on year in 2017: Demand growth will be driven mainly by China, and also Southeast Asian countries such as Malaysia and Indonesia.
• Swine applications are forecast to register gains of more than 6.5% over the coming timeframe with the growing demand for pork in Asian countries such as Indonesia, China, and Thailand.
• Total global wheat consumption for 2017-18 is projected higher primarily due to larger use by Russia, Indonesia, and Nigeria.
• Asia-Pacific is expected to be the largest the cement & concrete additive market owing to the rising construction and infrastructure investments in China, India, Indonesia and other countries as well.
• India will see its spending power rise from representing 3% of the spending power of a US consumer to 24% by 2050.

Last updated: 16 October 2017