ASIA BUSINESS WEEK DUBLINFourth EU Asia Top Economist Round Table

6 June 2014

Indonesia – the Economic Giant of ASEAN

H.E. Arif Havas Oegroseno

Ambassador of Indonesia to the European Union

Kindly sponsored by:

INDONESIA: ECONOMIC GIANT IN ASEAN

Arif Havas OegrosenoAmbassador of Indonesia to Belgium, Luxembourg, The EU, and WCO

The Fourth EU Asia Top Economis RoundtableDublin, Ireland, 4 - 6 June 2014

5253 km

5253 km

4956 km

240 MILLIONPOPULATION

300 ethnics700 languages

5 major religions and ancient beliefs

Average age 28 years90 million middle class ...

A STABLEDEMOCRACY

185 million registered voters : 70 % turn outRobust media : 50 domestic tv channels

60 000 NGOsLargest Moslem Democracy

20

GDP 2013 $ 1.2 T USDG20 :16th largest economy

6 % growth - 24 % DSR - 6 % unemploymentSurvived 2008 + 2010 crisis + Fed Tampering

“The World’s Most Stable Economy In The Last Five

Years”

The Economist 2014

1975 1980 1985 1990 1995 1998 2000 2005 2010 2013

32.178.01 87.3

114.4

202.1

95.4165.02

285.8

708.02

1.2 T

0

100

300

600

900

Indonesia’s GDP 1975-2011(US$ Billion)

Source: World Bank

USD 20 BILLION AIBUSES

USD 22 Billion Boeings

FDIUPWARDS

Q1 2010: USD 4 BillionQ1 2011: USD 5.3 BillionQ1 2012: USD 7.1 BillionQ1 2013: USD 9.3 BillionQ1 2014: USD10.6 Billion

Education

&Culture

Environment &

Natural Resources

Health

Transport

Counter Terrorism

Partnership and Comprehensive

Agreement(PCA)

Among others: Civil SocietyCooperation

Human Rights

Indonesia - EU Trade

Indonesian exports decreases

EU exports unstable

EU Investment

EU investment upwards

Ranks 5th : Japan, Singapore, Korea, China, EU

Comprehensive Economic Partnership Agreement

Scoping Exercise

Trade Barrier

Declining Indonesian Exports

Stronger Regional Market

ASEAN Economic Community = 600 Million

RCEP = 3 Billion People

TERIMA KASIH