Country profile

Indonesia

South-East Asia's largest economy, exporting coal, palm oil and nickel-based steel and battery materials.

Updated 11 November 2026. Sources at the bottom of the page.

Capital
Jakarta
Population
287.2 million (2026)
Currency
Indonesian rupiah (IDR)
GDP, 2026
US$1.48 trillion
Exports, 2025
US$282.9 billion
Exchange rate
1 USD = 17,951 IDR (10 Nov 2026)

Economy

IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.

5.1%Real GDP growth, 2026
5.1%Real GDP growth, 2027
3.3%Inflation, 2026
4.7%Unemployment, 2026
41.7% of GDPGovernment debt, 2026
-1.6% of GDPCurrent account, 2026

Trade

Top export markets

Share of the country’s exports, 2025

  1. China (23.7%)
  2. United States (11%)
  3. India (6.5%)
  4. Japan (6.2%)
  5. Singapore (4.8%)

Main exports

Product groups, share of exports

  1. Mineral fuels, mainly coal (15.9%)
  2. Animal and vegetable fats, mainly palm oil (12.1%)
  3. Iron and steel, including nickel pig iron and stainless steel (9.9%)
  4. Electrical machinery and equipment (6.8%)
  5. Vehicles and parts (4.3%)

Main trade agreements

  • ASEAN Free Trade Area
  • Regional Comprehensive Economic Partnership (RCEP)
  • Indonesiaโ€“Japan, Indonesiaโ€“Korea and Indonesiaโ€“Australia economic partnership agreements
  • Indonesiaโ€“EFTA Comprehensive Economic Partnership Agreement

Trade policy to watch

  • Raw mineral export bans: Indonesia bans exports of nickel ore (since 2020) and bauxite (since 2023) to build local processing.
  • Local content (TKDN): many products sold to the government or in regulated sectors need minimum local content.
  • Palm oil: EU deforestation rules require traceability for palm oil and other covered products.

Energy

Coal produces most of Indonesia's electricity, and Indonesia is the world's largest exporter of thermal coal. Geothermal, hydro and solar are growing.

What it means for your supply chain

  • Indonesia is the largest source of nickel for stainless steel and EV batteries; much of the processing is Chinese-owned.
  • Check local content rules if you sell into Indonesia.
  • Palm oil and derived chemicals need deforestation due diligence for the EU.

Indonesia in the Supplier Hub

1 company in the Supplier Hub is listed under Indonesia.

See all 1 in the Hub

Sources

Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.