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Indonesia Facts And Figures

people celebrating a buddhist ceremony on a rock hill in Indonesia

Facts About Indonesia

Population 255,993,674 (July 2015 est.)
Gross Domestic  Product (GDP) $2.842 trillion (2015 est.)
GDP Per Capita $11,100 (2015 est.)
Inflation Rate 6.4% (2015 est.)
Currency Rupiah (IDR)
Exchange Rate Versus U.S. Dollar 13,405 Indonesian rupiah (IDR) per 1 US dollar (June 2016)
Language Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (of which the most widely spoken is Javanese)
Capital Jakarta
Population of Capital City 10,323,000 (2015)
Time Zone UTC+7 (12 hours ahead of Washington, DC during Standard Time)note: Indonesia is divided into three time zones
Seasons tropical; hot, humid; more moderate in highlands
International Dialing Code 62
Electricity 127/230 V*, 50 Hz
System of Government presidential republic
Name and Party Affiliation of Current Leader President Joko Widodo (Since October 2014)
Income Tax Rate for Residents 5%-30%
Property Tax 0.5% of the value of the property, higher rates apply to certain high value housing and large estates.
Capital Gains Tax 5%
Inheritance Tax No
Rental Income Tax No
Transfer Tax Applies to financial transaction depending on the amount of the transaction
Sales Tax 10%
Restrictions on Foreign Ownership of Property It is against the law for foreigners to own freehold land. Foreigners can also purchase condominiums, as long as they don’t own the land on which the condo stands.
Local Chamber of Commerce http://www.bsd-kadin.org/
American Chamber of Commerce http://www.amcham.or.id/
Primary Exports oil and gas, electrical appliances, plywood, textiles, rubber
Residency and Visa Requirements An Indonesia visa is necessary for all U.S. citizens who plan to visit the country. Indonesia has several different visas categorized as Visit Visas. You can either apply for a visa to Indonesia yourself or you can contract a private travel document expediter.
Special Benefits for  Foreign Residents or Retirees no
National Airline www.garuda-indonesia.com

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