Indonesian services sector finds its voice

The Indonesian services sector has taken off in the last decade. Services account for about 54% of GDP and nearly 50% of employment. It is also the fastest-growing sector of the national economy, averaging more than 7% annual growth for the last decade and creating more than 400,000 jobs in 2011 alo...

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Bibliographic Details
Published in:International trade forum 2014-01, Vol.2014 (16), p.32-33
Main Author: Drake-Brockman, Jane
Format: Article
Language:English
Subjects:
Decent Work and Economic Growth
Economic aspects
Economic development
Economic growth
Exports
Forecasts and trends
GDP
Gross Domestic Product
Growth
Industry, Innovation and Infrastructure
International trade
International Trade and Finance
Policy making
Service industries
Stakeholders
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Summary:The Indonesian services sector has taken off in the last decade. Services account for about 54% of GDP and nearly 50% of employment. It is also the fastest-growing sector of the national economy, averaging more than 7% annual growth for the last decade and creating more than 400,000 jobs in 2011 alone, predominantly in small firms.
ISSN:1564-5304
0020-8957
1564-5304
DOI:10.18356/be6d5c55-en