Indonesia's GDP per capita is below Thailand's.

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Viva Budy Kusnandar 26/09/2019 13:04 WIB

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With a population of 265 million, Indonesia's GDP per capita still lags behind other ASEAN countries such as Singapore, Malaysia, Brunei Darussalam, and Thailand.

GDP per Capita of Southeast Asian Countries (1960-2018)

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GDP per Capita of Southeast Asian Countries (1960-2018)

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Indonesia's economy, measured by its Gross Domestic Product (GDP) at current prices in 2018, reached Rp 14,837 trillion. This figure is the largest compared to other countries in Southeast Asia (ASEAN).

However, with a population of 265 million, Indonesia's GDP per capita still lags behind several other ASEAN countries. Indonesia's 2018 GDP per capita was only US$3,893.6, or the equivalent of Rp 56 million. This placed Indonesia fifth, below Thailand, as shown in the graph.

During the 1998 financial crisis, Indonesia was hit hardest. Its GDP plummeted by more than 50% to US$463.9 per capita in that year, compared to US$1,063.7 per capita the previous year. However, after that, the domestic economy gradually improved until Indonesia's GDP per capita reached US$1,000 again in 2003.

(Read Databoks: Indonesia's GDP Exceeds US$1 Trillion, Largest in ASEAN)

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's GDP per capita is below Thailand's.

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