Indonesia Economy
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DEMOGRAPHY AND SOCIAL INDICATORS Indonesia is ranked 4th in the world in terms of population with 238.453 million people residing there in mid 2004. According to data obtained from World Bank Indicators, national growth rate in Indonesia during 1997-2003 was 1.3 %, more than world average of 1%.
Indonesia is moderately populated with 126 persons living per sq km in 2004. Only 43% of the people live in urban areas life expectancy at birth in Indonesia is 66 years, according to (1997-2003) World Bank figures.
According to world bank estimates, during 1997-2003, 17 % of Indonesia's population lives below national poverty line (The level of annual income below which a household is defined to be living in poverty. Different governments and institutions define this differently). Infant mortality rate, which measures deaths per 1000 children born, is 42 in Indonesia.
Gross primary enrollment, which denotes the percent of school-age population, is 111, with 112 for male and 110 for female population. 76 % of the population has access to safe drinking water. Adult Literacy rate is 88%. Indonesia is ranked 111 in 177 countries of the world in terms of human development index.
Indonesia's labour force growth rate of 1.2 % in last six years was close to that of the other East Asia-pacific countries' where workforce has grown at a rate of 1.1% during these years
KEY ECONOMIC INDICATORS
Indonesia is characterized among the lower middle-income countries of the world. Total gross national income in 2003 was $ 172733 million. Per capita income was $ 810, however, in terms of purchasing power parity Indonesia 's per capita GNI was $ 3210 in 2003. The growth rate of GDP was 4.1% in 2003 and is predicted to be around 4.5% in the coming 2-3 years. Unemployment rate was estimated to be 8.7% in 2004. G20
Indonesia is part of the G-20, Group of Twenty.