What was the GDP in 2004?
$12,217,200 million
GDP improves in United States The GDP figure in 2004 was $12,217,200 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in United States dropped $760,700 million with respect to 2003.
Was Indonesia a developing country in 2004?
Economic outlook became more positive as the 2000s progressed. Growth accelerated to 5.1% in 2004 and reached 5.6% in 2005. Real per capita income has reached fiscal levels in 1996–1997….Reform era.
| Share of world GDP (PPP) | |
|---|---|
| Year | Share |
| 2020 | 2.50% |
| 2021 | 2.44% |
What is the average GDP of Indonesia?
GDP per capita in Indonesia is expected to reach 4450.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia GDP per capita is projected to trend around 4700.00 USD in 2022, according to our econometric models.
What was the economy like in 2004?
Real GDP grew 4.4 percent in 2004, the strongest since 1999. Industrial production at an index of 115.5 rose above the 2000 high of 115.4, with gains in major categories except mining. The capacity utilization rate of 78.0 was the highest since 2000’s 82.0. Manufacturers’ new orders at 365.7 billion reached a new high.
What was the GDP in 2003?
Show:
| Date | Value |
|---|---|
| Dec 31, 2003 | 14.13 trillion |
| Dec 31, 2002 | 13.55 trillion |
| Dec 31, 2001 | 13.28 trillion |
| Dec 31, 2000 | 13.26 trillion |
Why is Indonesia’s economy growing so fast?
Indonesia’s economic performance has been shaped by government policy, the country’s endowment of natural resources and its young and growing labour force. Alongside the industrialisation of its economy, Indonesia’s trade openness has increased over the past half century.
Why is Indonesia’s GDP per capita so low?
Indonesia’s trade-to-GDP ratio is in fact very low at around 40 percent (far below the world’s average of 55-60 percent). This low ratio indicates that Indonesia is poorly integrated into the global supply and value chains.
Why is Indonesia’s GDP so low?
This is due to a drop in private consumption, lower then expected Government spending and low commodity prices. Looking forward, annual average GDP growth is forecast at 5.7 per cent for the period 2017 to 2021, putting Indonesia on track to join the club of trillion dollar economies within just a few years.
How did Indonesia’s economy grow in 2004?
Growth was driven primarily by domestic consumption, which accounts for roughly three-fourths of Indonesia’s gross domestic product (GDP). The Jakarta Stock Exchange was the best performing market in Asia in 2004, up by 42%.
What is the GDP of Indonesia in US dollars?
Data are in current U.S. dollars. Indonesia gdp per capita for 2019 was $4,136, a 6.21% increase from 2018. Indonesia gdp per capita for 2018 was $3,894, a 1.46% increase from 2017. Indonesia gdp per capita for 2017 was $3,838, a 7.71% increase from 2016.
What is the GNI per capita in indindonesia?
Indonesia GNI Per Capita – Historical Data Year GNI Per Capita (US $) Annual % Growth 2019 $4,050 5.19% 2018 $3,850 9.07% 2017 $3,530 3.82% 2016 $3,400 -0.87%
How much does household consumption affect Indonesia’s GDP?
And considering household consumption now typically accounts for about 56-58 percent of Indonesia’s total economic growth, it therefore has a direct and significant impact on the country’s GDP.