Key economic trends in Indonesia since 1990
I can explain how Indonesia's economic sectors have changed since 1990.
- Year 11
- Edexcel B
Key economic trends in Indonesia since 1990
I can explain how Indonesia's economic sectors have changed since 1990.
Lesson details
Key learning points
- Indonesia has experienced rapid economic change.
- In Indonesia, there has been rapid economic change in GDP and per capita GNI since 1990.
- In Indonesia, there have been changes in the importance of economic sectors since 1990.
- In Indonesia, there have been economic changes in the type of foreign direct investment since 1990.
Keywords
GDP per capita - total value of goods and services produced within a country, divided by its population
GNI per capita - GDP plus income from foreign investments and remittances, divided by the population
Foreign direct investment - (FDI) foreign countries invest in businesses or industries in another country, often by setting up or buying local companies
Development - process of improving living standards, economy, healthcare and education, often measured by factors like life expectancy
Common misconception
In Indonesia, agriculture remains the dominant sector in the economy.
Agriculture was once Indonesia’s economic backbone, but its role has declined since the 1990s. Today, industry and services dominate GDP, with manufacturing, finance, tourism, and digital sectors growing.
Equipment
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Lesson video
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