Member of: ADB, ANRPC, ASEAN, Association of Tin Producing Countries,
CCC, CIPEC, ESCAP, FAO, G-77, GATT, IAEA, IBA, IBRD, ICAO, ICO, IDA,
IDB—Islamic Development Bank, IFAD, IFC, IHO, ILO, IMF, IMO, INTELSAT,
INTERPOL, IPU, IRC, ISO, ITC, ITU, NAM, OIC, OPEC, UN, UNESCO, UPU, WFTU, WHO,
WIPO, WMO, WTO
Diplomatic representation: Ambassador Abdul Rachman RAMLY; Chancery at 2020 Massachusetts Avenue NW, Washington DC 20036; telephone (202) 775-5200; there are Indonesian Consulates General in Houston, New York, and Los Angeles, and Consulates in Chicago and San Francisco; US—Ambassador John C. MONJO; Embassy at Medan Merdeka Selatan 5, Jakarta (mailing address is APO San Francisco 96356); telephone [62] (21) 360-360; there are US Consulates in Medan and Surabaya
Flag: two equal horizontal bands of red (top) and white; similar to the flag of Monaco which is shorter; also similar to the flag of Poland which is white (top) and red
- Economy Overview: Indonesia is a mixed economy with many socialist institutions and central planning but with a recent emphasis on deregulation and private enterprise. Indonesia has extensive natural wealth but, with a large and rapidly increasing population, it remains a poor country. GNP growth in 1985-89 averaged about 4%, somewhat short of the 5% rate needed to absorb the 2.3 million workers annually entering the labor force. Agriculture, including forestry and fishing, is the most important sector, accounting for 21% of GDP and over 50% of the labor force. The staple crop is rice. Once the world's largest rice importer, Indonesia is now nearly self-sufficient. Plantation crops—rubber and palm oil—are being encouraged for both export and job generation. The diverse natural resources include crude oil, natural gas, timber, metals, and coal. Of these, the oil sector dominates the external economy, generating more than 20% of the government's revenues and 40% of export earnings in 1989. Japan is Indonesia's most important customer and supplier of aid.
GNP: $80 billion, per capita $430; real growth rate 5.7% (1989 est.)
Inflation rate (consumer prices): 5.5% (1989)
Unemployment rate: 3.1% (1989 est.)
Budget: revenues $20.9 billion; expenditures $20.9 billion, including capital expenditures of $7.5 billion (FY89)
Exports: $21.0 billion (f.o.b., 1989 est.); commodities—petroleum and liquefied natural gas 40%, timber 15%, textiles 7%, rubber 5%, coffee 3%; partners—Japan 42%, US 16%, Singapore 9%, EC 11% (1988)
Imports: $13.2 billion (f.o.b., 1989 est.); commodities—machinery 39%, chemical products 19%, manufactured goods 16%; partners—Japan 26%, EC 19%, US 13%, Singapore 7% (1988)