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      Indonesia Facts And Figures

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          Indonesia Facts And Figures

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            Stone statues at an Indonesian temple
             
            Information Type Indonesia Data
            Population 273,523,615 (June 2020 est.)
            Gross Domestic Product (GDP) US$1.55 trillion (2020 est.)
            GDP Per Capita US$4,600 (2020 est.)
            Inflation Rate 2.87% (2020est.)
            Currency Rupiah (IDR)
            Exchange Rate Versus U.S. Dollar 14,060 Indonesian rupiah (IDR) per 1 US dollar (June 2020)
            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 10,770,487 (2020)
            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. However, foreigners can also purchase condominiums, as long as they don’t own the land on which the condo stands.
            Local Chamber of Commerce
            American Chamber of Commerce
            Primary Exports Firstly, 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. Most importantly, Indonesia has several different visas categorized as Visit Visas. So, 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 Garuda
            Kathleen

            Reviewed By Kathleen Peddicord

            Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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              Indonesia Facts And Figures- FAQs

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              Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

              Portugal is known for Fado music and also for being the largest cork producer in the world.

              Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

              Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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