Indonesia’s economy has grown strongly since 2010. During the global financial crisis, Indonesia impressively outperformed many of its regional neighbours and joined China and India as the only G20 members posting economic growth.
The Indonesian government has promoted fiscally conservative policies, resulting in a debt-to-GDP ratio of less than 25% and historically low rates of inflation.
Subsequently, Fitch and Moody’s upgraded Indonesia’s credit rating to investment grade in December 2011.
Composition of GDP 2013