Is Indonesia more developed than Nigeria?

And today, Indonesia lies almost 50 places above Nigeria on the United Nation’s Human Development Index.

Why does Indonesia have such a large population?

The population of Indonesia has long been known to be in the 4th position of the world and the third in Asia. This population density occurs due to high birth rates and the lack of family planning programs, the number of Indonesian population ranks fourth in the world reached 238 million people.

Does Indonesia have a good economy?

The largest economy in Southeast Asia, Indonesia – a diverse archipelago nation of more than 300 ethnic groups – has charted impressive economic growth since overcoming the Asian financial crisis of the late 1990s. Indonesia’s economic planning follows a 20-year development plan, spanning from 2005 to 2025.

Is Indonesia richer than Nigeria?

Indonesia vs Nigeria: Economic Indicators Comparison Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while Nigeria ranked 32nd with $397.3B. By GDP 5-years average growth and GDP per capita, Indonesia and Nigeria ranked 31st vs 132nd and 122nd vs 149th, respectively.

Is Indonesia’s population growing?

In 2020, Indonesia’s population increased by approximately 1.07 percent compared to the previous year. That year, the total population of Indonesia amounted to approximately 270 million people.

How important is Indonesia to the world?

U.S.-INDONESIA RELATIONS Indonesia is the world’s third largest democracy, largest Muslim-majority country, the seventh-largest economy by purchasing power, and a leader in ASEAN. It possesses the world’s greatest marine biodiversity and its second greatest terrestrial biodiversity.

Why is the Indonesian rupiah so low?

The rupiah, down about 3\% versus the dollar in 2021 and at around 14,500 currently, was not reflective of its fundamentals and its weakness was attributable to a spillover effect of U.S. fiscal policies, Bank Indonesia’s deputy governor Dody Budi Waluyo told an online economic forum.

Where is most of Indonesia’s population located?

Java
Java is one of the world’s most densely populated areas. The island averages more than 2,600 persons per square mile (1,000 per square km) and has the majority of Indonesia’s population on only 7 percent of the total land area of the republic.

Why is Indonesia important in the world?

Indonesia is a lot bigger than it seems. It has numerous things to offer to the world. They include its natural resources, culture, political system and technologies. Not many people realize it but most countries in the world depend on Indonesia. Below are 10 reasons why is Indonesia important in the world.

Will Indonesia’s next generation be as productive as it could be?

At the moment, according to the World Bank’s Human Capital Index, Indonesia’s next generation will only be 54\% as productive as it could have been with full health and complete education.

Is Indonesia a developing or developed country?

An emerging lower middle-income country, Indonesia has made enormous gains in poverty reduction, cutting the poverty rate by more than half since 1999, to 9.4\% in 2019. Indonesia’s economic planning follows a 20-year development plan, spanning from 2005 to 2025.

Is Indonesia overpopulated or underpopulated?

It was at number 4 competing with Brazil in 5th place. The total population of Indonesia when it reaches 255,461,700 people which is 3.47\% of the world population is Indonesian. With a population growth rate of 3 million per year, Indonesia has been successfully become the overpopulated country.