On a stable path to growth
Indonesia with its 17,506 islands – 6,000 of which are inhabited – is the world's largest archipelago. A total of 261.1 million people live on the island state, making it the fourth most populous country in the world. Exports amount to only around 20 % of GDP, whereby Indonesia is relatively independent from exports compared to other countries in the region. Thanks to solid domestic demand, there is stable economic growth, albeit at a slightly slower pace in recent times. Germany and Indonesia enjoy a good relationship – a fact that was also highlighted by the Jakarta Declaration which was signed in July 2012. It provides for more intensive cooperation in various areas, including development cooperation.