Southeast Asia | Rank #16 nominal, #7 PPP
GDP of Indonesia: $1.5T in 2026 (IMF Data)
Southeast Asia's largest economy and a G20 member, powered by a young population of around 285 million, resilient domestic consumption, and commodity exports of coal, palm oil, and nickel.
Source: IMF World Economic Outlook (April 2026 release) | Last verified June 2026
Indonesia 2026
$1.5T
Nominal GDP (USD)
+5.0%
Real GDP growth, 2026 IMF projection
$5,400
Per capita (nominal USD)
$5.4T
PPP GDP (international USD)
Population (2026)
285M
Currency
IDR (rupiah)
Capital
Jakarta
Region
Southeast Asia
The Indonesia Economy in 2026
Indonesia is the largest economy in Southeast Asia and the anchor of ASEAN, with nominal GDP of approximately $1.5 trillion in 2026, the world's sixteenth largest by market exchange rates and seventh on a purchasing-power-parity basis. It is the fourth most populous country in the world, with a young and rapidly urbanising population of around 285 million. Domestic consumption drives the bulk of output, which makes the economy less exposed to global trade cycles than its export-heavy regional neighbours. Services account for roughly 45 percent of GDP, industry (manufacturing and mining) around 42 percent, and agriculture around 13 percent, the latter still employing a large share of the workforce.
Indonesia is one of the world's leading commodity exporters. It is the largest exporter of thermal coal and palm oil, and it holds the world's largest nickel reserves. Since 2020 the government has banned exports of raw nickel ore to force domestic processing, a downstreaming policy known locally as hilirisasi. This has attracted large Chinese and South Korean investment into smelters and electric-vehicle battery supply chains and sharply raised the value of Indonesia's metal exports, supporting a persistent goods-trade surplus.
The IMF projects +5.0 percent real GDP growth for 2026, in line with the steady pace of roughly 5 percent that Indonesia has maintained for most of the past decade, interrupted only by the 2020 pandemic contraction of -2.1 percent. Growth is underpinned by consumption, rising investment, and commodity earnings. The government is building a new capital, Nusantara, in East Kalimantan to relieve pressure on a congested and subsiding Jakarta, though Jakarta remains the commercial and administrative heart of the country. Per-capita GDP of around $5,400 places Indonesia in the middle-income band, and the government has set a long-standing target of reaching high-income status by 2045.
Sector Composition
How Indonesia's GDP breaks down by economic sector (approximate 2024 shares, source: World Bank national accounts).
Expenditure Components: C + I + G + (X-M)
Approximate shares of Indonesia's GDP by spending category. Net exports are positive (trade surplus).
Note: Shares are calculated on an absolute basis for visual proportionality. Negative net exports reduce GDP rather than adding to it.
Historical GDP Trajectory
| Year | Nominal GDP (USD) | Real Growth |
|---|---|---|
| 2014 | $0.9T | +5.0% |
| 2020 | $1.1T | -2.1% |
| 2024 | $1.4T | +5.0% |
| 2025 | $1.4T | +5.1% |
| 2026 | $1.5T | +5.0% |
Source: IMF World Economic Outlook (2026 forecast) and World Bank Open Data (earlier-year actuals). Nominal GDP is shown in current US dollars and moves with exchange rates as well as real output, so dollar levels for recent years can shift between data vintages. Figures rounded to one decimal trillion; real growth is the inflation-adjusted annual change in GDP.
Top Exports
The goods and services Indonesia sells abroad in the largest volumes, contributing to the (X) term in the GDP formula.
Sources
- IMF Indonesia Country Page: primary source for nominal and PPP figures, WEO April 2026 dataset.
- World Bank Open Data: Indonesia: historical series, cross-check on sector shares.
- Statistics Indonesia (BPS): official national accounts.
- IMF World Economic Outlook: the headline biannual cross-country dataset.