60% of Indonesia’s Consumption is Domestic

From the BBC:

However, analysts said that Indonesia has benefited from the fact that a huge part of its growth is driven by domestic consumption.

“Indonesia is one of the least exposed economies in the region, with a vast domestic market and a relatively small share of exports to gross domestic product, so it is insulated from volatility in the global economy,” said George Worthington of IFR.

Domestic consumption accounts for nearly 60% of Indonesia’s economy.

Businesses should take notice.

60% of Indonesia’s Consumption is Domestic