ckage; but Jakarta jeopardized the program by resisting
strict IMF reforms, partly in response to the rupiah's collapse, which
lost as much as 80% of its value at one point. Economic prospects look
bleak for 1998: the economy probably will shrink between 4% to 10%,
unemployment top historic highs-in excess of 15%-and inflation move
toward hyper levels.
GDP: purchasing power parity-$960 billion (1997 est.)
GDP-real growth rate: 4% (1997 est.)
GDP-per capita: purchasing power parity-$4,600 (1997 est.)
GDP-composition by sector:
agriculture: 16%
industry: 43%
services: 41% (1996)
Inflation rate-consumer price index: 50% (1998 est.)
Labor force:
total: 67 million
by occupation: agriculture 44%, manufacturing 13%, construction 5%,
transport and communications 4%, other 34% (1995 est.)
Unemployment rate: 15%; underemployment 50% (1998 est.)
Budget:
revenues: $42.8 billion
expenditures: $42.8 billion, including capital expenditures of $14.4
billion (FY97/98 est.)
Industries: petroleum and natural gas, textiles, mining, cement,
chemical fertilizers, plywood, food, rubber; tourism
Industrial production growth rate: 10.5% (1996 est.)
Electricity-capacity: 16.265 million kW (1995)
Electricity-production: 60.4 billion kWh (1995)
Electricity-consumption per capita: 297 kWh (1995)
Agriculture-products: rice, cassava (tapioca), peanuts, rubber, cocoa,
coffee, palm oil, copra, other tropical products; poultry, beef, pork,
eggs
Exports:
total value: $53.4 billion (f.o.b., 1997)
commodities: textiles/garments 20.6%, wood products 15.7%, electronics
9.9%, footwear 6.1%
partners: Japan 27.1%, US 13.9%, Singapore 8.3%, South Korea 6.4%,
Taiwan 3.9%, China 3.8%, Hong Kong 3.6% (1995)
Imports:
total value: $41.6 billion (f.o.b., 1997)
commodities: manufactures 75.3%, raw materials 9.0%, foodstuffs 7.8%,
fuels 7.7%
partners: Japan 22.7%, US 11.7%, Germany 6.9%, South Korea 6.0%,
Singapore 5.8%, Australia 5.0%, Taiwan 4.5% (1995)
Debt-external: $136 billion (yearend 1997 est.)
Economic aid:
recipient: IMF program, $42 billion (1998 est.)
Currency: Indonesian rupiah (Rp)
Exchange rates: Indonesian rupiahs (Rp) per US$1-8,000 (April 1998),
2,909.4 (1997), 2,342.3 (1996), 2,248.6 (1995), 2,160.8 (1994),
2,087.1 (1993)
Fiscal year: 1 April-31 March
Communications
Telephones: 1,276,600 (1993 est.)
Telephone system: domestic service fair, international service good
domestic: interislan
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