Gross domestic product (GDP) in Indonesia
Indonesia: Gross domestic product (GDP) was 3.92 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Indonesia, 1960–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Indonesia stood at 3.92 trillion international-$ in 2021 prices. That is the highest value across all 64 years on record.
That represents a change of up 4.3% on the previous year and up 37.3% over ten years.
Over the whole period, gross domestic product (gdp) in Indonesia peaked at 3.92 trillion international-$ in 2021 prices in 2023 and was at its lowest, 135.05 billion international-$ in 2021 prices, in 1966.
Indonesia ranks 8th of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Indonesia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1960 | 144.24 billion international-$ in 2021 prices | — |
| 1961 | 159.28 billion international-$ in 2021 prices | +10.4% |
| 1962 | 155.81 billion international-$ in 2021 prices | -2.2% |
| 1963 | 142.06 billion international-$ in 2021 prices | -8.8% |
| 1964 | 136.38 billion international-$ in 2021 prices | -4.0% |
| 1965 | 161.31 billion international-$ in 2021 prices | +18.3% |
| 1966 | 135.05 billion international-$ in 2021 prices | -16.3% |
| 1967 | 144.92 billion international-$ in 2021 prices | +7.3% |
| 1968 | 151.19 billion international-$ in 2021 prices | +4.3% |
| 1969 | 155.67 billion international-$ in 2021 prices | +3.0% |
| 1970 | 166.97 billion international-$ in 2021 prices | +7.3% |
| 1971 | 179.46 billion international-$ in 2021 prices | +7.5% |
| 1972 | 201.43 billion international-$ in 2021 prices | +12.2% |
| 1973 | 227.03 billion international-$ in 2021 prices | +12.7% |
| 1974 | 247.30 billion international-$ in 2021 prices | +8.9% |
| 1975 | 260.63 billion international-$ in 2021 prices | +5.4% |
| 1976 | 282.62 billion international-$ in 2021 prices | +8.4% |
| 1977 | 308.53 billion international-$ in 2021 prices | +9.2% |
| 1978 | 332.87 billion international-$ in 2021 prices | +7.9% |
| 1979 | 356.63 billion international-$ in 2021 prices | +7.1% |
| 1980 | 392.96 billion international-$ in 2021 prices | +10.2% |
| 1981 | 427.52 billion international-$ in 2021 prices | +8.8% |
| 1982 | 435.59 billion international-$ in 2021 prices | +1.9% |
| 1983 | 468.10 billion international-$ in 2021 prices | +7.5% |
| 1984 | 493.96 billion international-$ in 2021 prices | +5.5% |
| 1985 | 500.63 billion international-$ in 2021 prices | +1.4% |
| 1986 | 513.09 billion international-$ in 2021 prices | +2.5% |
| 1987 | 532.70 billion international-$ in 2021 prices | +3.8% |
| 1988 | 552.32 billion international-$ in 2021 prices | +3.7% |
| 1989 | 612.12 billion international-$ in 2021 prices | +10.8% |
| 1990 | 695.87 billion international-$ in 2021 prices | +13.7% |
| 1991 | 758.61 billion international-$ in 2021 prices | +9.0% |
| 1992 | 809.42 billion international-$ in 2021 prices | +6.7% |
| 1993 | 863.15 billion international-$ in 2021 prices | +6.6% |
| 1994 | 928.98 billion international-$ in 2021 prices | +7.6% |
| 1995 | 1.02 trillion international-$ in 2021 prices | +9.5% |
| 1996 | 1.11 trillion international-$ in 2021 prices | +8.8% |
| 1997 | 1.13 trillion international-$ in 2021 prices | +1.6% |
| 1998 | 906.87 billion international-$ in 2021 prices | -19.4% |
| 1999 | 912.84 billion international-$ in 2021 prices | +0.7% |
| 2000 | 880.97 billion international-$ in 2021 prices | -3.5% |
| 2001 | 903.64 billion international-$ in 2021 prices | +2.6% |
| 2002 | 918.44 billion international-$ in 2021 prices | +1.6% |
| 2003 | 931.11 billion international-$ in 2021 prices | +1.4% |
| 2004 | 1.02 trillion international-$ in 2021 prices | +9.2% |
| 2005 | 1.11 trillion international-$ in 2021 prices | +9.0% |
| 2006 | 1.23 trillion international-$ in 2021 prices | +11.1% |
| 2007 | 1.38 trillion international-$ in 2021 prices | +12.1% |
| 2008 | 1.66 trillion international-$ in 2021 prices | +20.1% |
| 2009 | 1.84 trillion international-$ in 2021 prices | +11.0% |
| 2010 | 2.19 trillion international-$ in 2021 prices | +18.8% |
| 2011 | 2.65 trillion international-$ in 2021 prices | +21.4% |
| 2012 | 2.83 trillion international-$ in 2021 prices | +6.7% |
| 2013 | 2.86 trillion international-$ in 2021 prices | +1.0% |
| 2014 | 2.95 trillion international-$ in 2021 prices | +3.1% |
| 2015 | 2.92 trillion international-$ in 2021 prices | -0.8% |
| 2016 | 2.98 trillion international-$ in 2021 prices | +2.1% |
| 2017 | 3.10 trillion international-$ in 2021 prices | +3.8% |
| 2018 | 3.28 trillion international-$ in 2021 prices | +6.1% |
| 2019 | 3.45 trillion international-$ in 2021 prices | +5.0% |
| 2020 | 3.30 trillion international-$ in 2021 prices | -4.4% |
| 2021 | 3.44 trillion international-$ in 2021 prices | +4.1% |
| 2022 | 3.76 trillion international-$ in 2021 prices | +9.6% |
| 2023 | 3.92 trillion international-$ in 2021 prices | +4.3% |
Indonesia compared with similar countries
- Indonesia's 3.92 trillion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 26.4× the median. (51 countries reporting)
- Indonesia's 3.92 trillion international-$ in 2021 prices is above the median for East Asia & Pacific, which is 596.79 billion international-$ in 2021 prices, 6.6× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 148.59 billion international-$ in 2021 prices | 135.05 billion international-$ in 2021 prices | 161.31 billion international-$ in 2021 prices | 10 |
| 1970s | 256.35 billion international-$ in 2021 prices | 166.97 billion international-$ in 2021 prices | 356.63 billion international-$ in 2021 prices | 10 |
| 1980s | 492.90 billion international-$ in 2021 prices | 392.96 billion international-$ in 2021 prices | 612.12 billion international-$ in 2021 prices | 10 |
| 1990s | 912.60 billion international-$ in 2021 prices | 695.87 billion international-$ in 2021 prices | 1.13 trillion international-$ in 2021 prices | 10 |
| 2000s | 1.19 trillion international-$ in 2021 prices | 880.97 billion international-$ in 2021 prices | 1.84 trillion international-$ in 2021 prices | 10 |
| 2010s | 2.92 trillion international-$ in 2021 prices | 2.19 trillion international-$ in 2021 prices | 3.45 trillion international-$ in 2021 prices | 10 |
| 2020s | 3.61 trillion international-$ in 2021 prices | 3.30 trillion international-$ in 2021 prices | 3.92 trillion international-$ in 2021 prices | 4 |
Countries ranked near Indonesia
- 5 Japan 5.51 trillion international-$ in 2021 prices compare
- 6 Germany 5.07 trillion international-$ in 2021 prices compare
- 7 Brazil 3.95 trillion international-$ in 2021 prices compare
- 9 France 3.53 trillion international-$ in 2021 prices compare
- 10 United Kingdom 3.48 trillion international-$ in 2021 prices compare
- 11 Turkey 3.12 trillion international-$ in 2021 prices compare
More economy & growth data for Indonesia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.07 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 7.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0055 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 27.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 22.28 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -8.21 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0154 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 77.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 0.5363 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Indonesia?
- Gross domestic product (gdp) in Indonesia was 3.92 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Indonesia?
- The highest recorded value was 3.92 trillion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Indonesia?
- The lowest recorded value was 135.05 billion international-$ in 2021 prices in 1966.
- How does Indonesia rank for gross domestic product (gdp)?
- Indonesia ranks 8th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Indonesia?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is volatile.
- Where does this Indonesia data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.