Indonesia | GDP (current US$)
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source
Indonesia | GDP (current US$)
1960
1961
1962
1963
1964
1965
1966
5667756627.9209 1967
7076465299.8114 1968
8337423312.8834 1969
9150684931.5068 1970
9333536369.9457 1971
10997590361.446 1972
16273253012.048 1973
25802409638.554 1974
30463855421.687 1975
37269156626.506 1976
45808915662.651 1977
51455719075.825 1978
51400186342.889 1979
72482337397.444 1980
85518233419.048 1981
90158449294.992 1982
81052283383.715 1983
84853700027.651 1984
85289488375.443 1985
79954072544.528 1986
75929617557.752 1987
84300174485.797 1988
94451427876.663 1989
106140727333.64 1990
116621996217.13 1991
128026966579.96 1992
158006700301.53 1993
176892143931.51 1994
202132028723.11 1995
227369679374.97 1996
215748998609.64 1997
95445547872.715 1998
140001351215.46 1999
165021012077.81 2000
160446947784.91 2001
195660611165.18 2002
234772463823.81 2003
256836875295.45 2004
285868619196.09 2005
364570515618.36 2006
432216737774.86 2007
510228634990.6 2008
539580085616.49 2009
755094157621.94 2010
892969104563.17 2011
917869913332.65 2012
912524136718.02 2013
890814755533.54 2014
860854232686.21 2015
931877364037.7 2016
1015618744159.7 2017
1042271532988.6 2018
1119099871350.2 2019
1059054842698.5 2020
1186505455736.5 2021
1319100220407.7 2022
Indonesia | GDP (current US$)
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source