Is Indonesia Poor or rich
Economy of Indonesia
| Country group | Developing/Emerging Lower-middle income economy Newly industrialized country |
| Statistics | |
|---|---|
| Population | 277,749,853 (2022) |
| GDP | $1.39 trillion (nominal; 2023 est.) $4.39 trillion (PPP; 2023 est.) |
| GDP rank | 16th (nominal; 2023 est.) 7th (PPP; 2023 est.) |
What type of economy is Indonesia
mixed economic system
Indonesia has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Indonesia is a member of the Asia-Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN).
Is Indonesia poorer than Thailand
Economy. Indonesia has a GDP per capita of $11,400 as of 2020, while in Thailand, the GDP per capita is $17,300 as of 2020.
Is Indonesia still a poor country
Today, Indonesia is the world's fourth most populous nation and 10th largest economy in terms of purchasing power parity. Furthermore, Indonesia has made enormous gains in poverty reduction, cutting the poverty rate by more than half since 1999, to under 10 percent in 2019 before the COVID-19 pandemic hit.
What is the rank of Indonesia in the world economy
rank 16
Worldwide gross domestic product in 2021 was at about 12,282 USD per capita. GDP in Indonesia, on the other hand, reached USD 4,334 per capita, or 1.187 trillion USD for the whole country. Indonesia is therefore one of the world's largest economies and is currently at rank 16.
Is Indonesia a middle class country
With its economy impacted by the pandemic, Indonesia went from upper-middle income to lower-middle income status as of July 2021. The pandemic also partially reversed recent progress in poverty reduction, from the record-low of 9.2 percent in September 2019 to 9.7 percent as of September 2021.
Is Vietnam richer than Indonesia
Economy. Vietnam has a GDP per capita of $8,200 as of 2020, while in Indonesia, the GDP per capita is $11,400 as of 2020.
Is Thailand poorer than Vietnam
Specifically, in the period 2018-2021, Thailand's average GDP (7,800 USD/year) is about 3 times that of Vietnam (2,740 USD/year). In 2021, the average GDP of Vietnam will reach about 2,859 USD and Thailand will reach about 7,645 USD. In 2021 alone, Thailand's average GDP is about 2.7 times that of Vietnam.
Is Vietnam a poor country
The World Bank In Vietnam. Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
What is the economy of Vietnam ranked
36
Worldwide gross domestic product in 2022 was at about 12,749 USD per capita. GDP in Vietnam, on the other hand, reached USD 4,194 per capita, or 408.80 billion USD for the whole country. Vietnam is therefore currently ranked 36 of the major economies. Inflation in Vietnam in 2022 was around 3.16%.
What is the richest city in Indonesia
Jakarta
The 10 Richest Provinces in Indonesia According to the Central Statistical Data Organization (BPS), there are ten wealthiest provinces in Indonesia based on their Regional income and spending Budget (APBD). At this time, Jakarta sits in the first spot due to its Regional Budget in 2021 being IDR 72,18 trillion.
Is Vietnam developed or developing
The economy of Vietnam is a developing mixed socialist-oriented market economy, which is the 36th-largest in the world as measured by nominal gross domestic product (GDP) and 26th-largest in the world as measured by purchasing power parity (PPP) in 2022.
What kind of world country is Indonesia
Indonesia is the world's largest Muslim-majority country and third largest democracy.
Is Vietnam or Indonesia better
Attractions. Vietnam could be a better choice for travelers looking to get the most out of their itinerary due to the variety of activities and attractions. However, tourists who are looking to relax and enjoy some natural and cultural attractions are bound to appreciate what Indonesia has to offer.
Is Vietnam a rich or Poor country
Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
Is Vietnam considered a poor country
The World Bank In Vietnam. Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
What rank is Vietnam in the world
With a GDP of over 363 billion USD and a population of more than 98.2 million, Vietnam stands at the 30th position in the rankings, only after Singapore (26th position) among the Southeast Asian countries. Meanwhile, Indonesia is ranked 33rd and Thailand 36th.
Is Vietnam a 3 world country
The United States, Canada, Japan, South Korea, Taiwan, Western European nations and their allies represented the "First World", while the Soviet Union, China, Cuba, North Korea, Vietnam and their allies represented the "Second World".
What is the richest part of Vietnam
Ho Chi Minh City (HCMC), also known as Saigon, is generally considered the wealthiest city in Vietnam.
What rank is Indonesia in richest country
Worldwide gross domestic product in 2021 was at about 12,282 USD per capita. GDP in Indonesia, on the other hand, reached USD 4,334 per capita, or 1.187 trillion USD for the whole country. Indonesia is therefore one of the world's largest economies and is currently at rank 16.
Is Vietnam a poor country or not
The World Bank In Vietnam. Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
Is Indonesia a 1st 2nd or 3rd world country
The large diversity of countries considered part of the Third World — from Indonesia to Afghanistan — ranged widely from economically primitive to economically advanced and from politically non-aligned to Soviet- or Western-leaning. An argument could also be made for how parts of the U.S. are more like the Third World.
What rank is Indonesia in the world
General. Indonesia ranked 83 out of 169, Good Country Index 2022.
What is the rank of Vietnam in the world
The US News & World Report's ranking of the most powerful countries in the world in 2022 has shown that Vietnam ranks 30th with a GDP of 363 billion USD and a population exceeding 98.2 million people. Other Asian countries, the Republic of Korea, Japan and India are also included in the above ranking.
Is Vietnam richer than Thailand
In terms of GDP per capita, for many years, Thailand's GDP has always been larger than that of Vietnam. Specifically, in the period 2018-2021, Thailand's average GDP (7,800 USD/year) is about 3 times that of Vietnam (2,740 USD/year).
