Indonesia
Indonesia has the largest economy in Southeast Asia and also the member of G-20 major economies. Indonesia’s estimated Gross Domestic Product (GDP) for 2007 is US$408 billion (US$1,038 bn PPP).In 2007, estimated nominal per capita GDP is US$1,812, and per capita GDP PPP was US$4,616 (International Dollars).The services sector is the economy’s largest and accounts for 45.3% of GDP (2005). This is followed by industry (40.7%) and agriculture (14.0%). However, agriculture employs more people than other sectors, accounting for 44.3% of the 95 million-strong workforce. This is followed by the services sector (36.9%) and industry (18.8%).Major industries include petroleum and natural gas, textiles, apparel, and mining. Major agricultural products include palm oil, rice, tea, coffee, spices, and rubber.
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Demographic Data |
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Economic Data |
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Cultural & Other Data |
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|
GDP (PPP, $bn) |
915.9 |
Capital |
Jakarta |
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Area (sq. km.) |
1,919,440 |
GDP Real Growth (%) |
6.1 |
Other Large Cities |
Surabaya, Medan, Bandung |
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Population (million) |
240 |
PerCap GDP ($) |
3,900 |
Primary Language |
Indonesian |
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Population Growth % |
1.136 |
Prime Lending Rate (%) |
15.13 |
Urban Population % |
52 |
|
% Population Under 15yrs |
28.1 |
Inflation Rate% |
11.1 |
Urban Growth % |
3.3 |
|
Population below poverty line (%) |
17.8 |
Unemployment% |
8.4 |
Literacy (% of population) |
90.4 |
|
Agricultural Workers (% of population) |
42 |
Foreign Direct Investment($bn) |
63.46 |
Education spending as % of GDP |
3.6 |
|
Industrial Workers (% of population) |
19 |
Debt-External ($bn) |
151.7 |
CPI Score (1-10)* |
2.6 |
|
Service Workers (% of population) |
39 |
Exports ($bn) |
136.8 |
Corporate Income Tax % |
28 |
|
Labor Force (mil) |
112 |
Imports ($bn) |
128.8 |
Ease of Doing Business Ranking ** |
129 |
CURRENCY EXCHANGE RATE
06/23/09 $1 = 10510 IDR
Franchising Laws Overview
Disclosure laws:
- Franchisor must disclose certain information to prospective franchisees sufficiently in advance.
Relationship laws:
- 10-year term for a master franchise
- Requirements of local language and local governing law
- The intellectual property right under the franchise must be registered.
- A franchise must be proven “profitable.”
Registration Laws:
- Franchisor must register franchise-offering prospectus before signing a franchise agreement with franchisee.
- The franchisor shall register the franchise agreement.
