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As a result of these investments, Indonesia's GDP is among the highest in Asia at 5%. This growth not only reflects improved infrastructure but also the burgeoning demand from Indonesia’s new consumer sector. Projections suggest that Indonesia will house 158 million consumers by 2030, a 27% increase from current figures, making it ripe for continued economic engagement.
The Broader Implications
The ramifications of these developments extend beyond just economic statistics. They signify a subtle yet noteworthy pivot of the global economy towards Asia and the Global South. While China’s exports are booming, particularly to Indonesia, Brazil, and Vietnam—both experiencing a remarkable 18% increase—imports from established markets like Australia and Japan have simultaneously seen a decline.