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Indonesia
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Embassy of Finland | Finland's Trade Committee Praises Indonesia's Economy

Finland's Trade Committee has praised Indonesia's positive economic growth as reflected in the capitalization in its capital market, which has kept rising.

The chief of the Finland committee delegation, Mauri Pekkarinen said that Indonesia also has many natural resources and Finland has superior technology, and there should be collaboration between the two countries. Finland has invested a lot in clean and energy-efficient technology, environment, waste management and others areas.

The use of modern technology in the Indonesian capital market has made it an interesting choice for investors.

Also, Finland's ambassador to Indonesia, Kai Sauer, said that Indonesia's capital market represents the country's strong fundamentals. "The volume of share trade in the Indonesian capital market is very high and has always been in the positive territory. We think it represents Indonesia's economy," added the Ambassador.

The delegation will return with the message to Finland and also report on other developments in Indonesia for possible cooperation.

Embassy of Finland - 2012

icone share

Indonesia Snapshot

Capital: Jakarta
Population: 259 million (2016)
Currency: Indonesian Rupiah
Nominal GDP: $936 billion USD (IMF, 2016)
GDP Per Capita: $3,620 USD at Current Prices (IMF, 2016)
GDP Growth: 5.0% (2016)
External Debt: 36.80% of GDP (BI, Q2 2016)
Ease of Doing Business: 91/190 (WB, 2017)
Corruption Index: 90/176 (TI, 2016)