Indonesia could be the 7th largest world economy by 2030

Tweet McKinsey Global Institute - By 2030, Indonesia could have the world’s 7th-largest economy, overtaking Germany and the United Kingdom.

Indonesia will trail China, USA, India, Japan, Brazil and Russia in GDP in 2030.

By 2025, more than half of the world’s population will have joined the consuming classes, driving annual consumption in emerging markets to $30 trillion. McKinsey defines the consumer class as people having net income over $3600 per person in PPP in 2005 dollars.

Indonesia was the 16th largest economy in 2011

The full 116 page report is here

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