Macro Index Overview / East Asia & Pacific / IDN
Indonesia ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: IDN ID

Indonesia

Fiscal year end: March 31; reporting period for national accounts data: CY. Data for Indonesia include Timor-Leste through 1999 unless otherwise noted.

East Asia & Pacific Upper middle income Blocs: G20; ASEAN Jakarta

Global Rank (2023)

#63 / 205

Top 31% of global economies

Composite Score (2023)

65.1 / 100

Living Standard (2023)

$4,193

Subscore: 47.57 / 100

CPI Inflation (2023)

3.67%

Stability Score: 96.65 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 47.57

Raw: $4,193 (2015 USD)

Price Stability (25%) 96.65

Raw: 3.67% (Anchor: 3.0%)

External Solvency (25%) 49.5

Raw: -0.15% of GDP

Economic Scale (15%) 79.31

Raw: $1371.2B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Indonesia's global competitive ranking by accentuating its comparative strengths.

Peak Rank #6 / 205
Default Rank #63
+57 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 75%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 25%
Baseline: 15%

Policy Insight & Strategic Advantage: Indonesia benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Indonesia's composite score climbs to 92.3 (compared to 65.1 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Indonesia's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Indonesia (IDN)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #63 / 205 โ€ข Composite Score: 65.1 / 100 โ€ข Living Standard: $4,193 โ€ข Inflation: 3.67%
#1#50#100#150#20019601970198019902000201020202025#63
Hover or click any node along the curve to inspect that historical year in real time
Primary: Indonesia Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
Indonesia (IDN) Active#6365.1$4,1933.67%-0.15%$1371.2B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Indonesia

Metric:
Selected Era: 2023 ยท Click any node to select
100755025039.219701970s36.819801980s49.419901990s62.520002000s60.920102010s63.520202020s65.12023Recent