Asian Development Bank and Indonesia: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Indonesia as well as concise information on ADB's operations in the country and contact information. Indonesia is a founding member of ADB since 1966 and through December 2010 has received 298 sovereign loans amounting to $25.6 billion. Including cofinancing, Indonesia received 512 technical assistance (TA) projects amounting to $341.8 million, and 23 grants amounting to $415.0 million. The sectors with the largest shares in cumulative lending are: (i) Public Sector Management (17.2%), (ii) Agriculture (15.3%), (iii) Energy (14.5%), and (iv) Finance (14.4%). Indonesia has experienced strong economic expansion since recovering from the 1997 Asian financial crisis. ADB’s country partnership strategy, 2006–2009 focused on accelerating growth, job creation, and poverty reduction through more and better physical and social infrastructure and by using public, external, and private sector resources. In 2007, economic growth accelerated to a 10-year high of 6.3%. Despite the recent global recession, Indonesia’s economy grew at a respectable 4.6% in 2009, making the country one of the best performers during the downturn. The economy continued its recovery and GDP growth reached 6.1% in 2010, driven by domestic consumption and a welcome boost in investment and export.