Indonesia (/ˌɪndəˈniːʒə IN-də-NEE-zhə or /ˌɪndoʊˈniːziə/ IN-doh-NEE-zee-ə;) officially the Republic of Indonesia (Indonesian: Republik Indonesia [rɛpublik ɪndonesia]), is a unitary sovereign state and transcontinental country located mainly in Southeast Asia, with some territories in Oceania.
Situated between the Indian and Pacific oceans, it is the world's largest island country, with more than seventeen thousand islands. At 1,904,569 square kilometres (735,358 square miles), Indonesia is the world's 14th-largest country in terms of land area and world's 7th-largest country in terms of combined sea and land area.
It has an estimated population of over 261 million people and is the world's fourth most populous country, the most populous Austronesian nation, as well as the most populous Muslim-majority country. The world's most populous island, Java, contains more than half of the country's population.
The Global Competitiveness Report 2017-2018, ranks Indonesia 36th by World Economic Forum.Indonesia has a mixed economy in which both the private sector and government play significant roles. The country is the largest economy in Southeast Asia and a member of the G20 major economies.Indonesia's estimated gross domestic product (nominal), as of 2017, is US$1.020 trillion while GDP in PPP terms is US$$3.257 trillion.
It is the sixteenth largest economy in the world by nominal GDP and is the seventh largest in terms of GDP (PPP). As of 2017, per capita GDP in PPP is US$12,432 (international dollars) while nominal per capita GDP is US$3,895.
Indonesia was the 26th biggest exporting country in the world in 2015, down one place compared to 2014. In the 2009–2014 period, the exports of Indonesia have increased at an annualised rate of 7.3%, from US$138 billion in 2009 to US$197 billion in 2014. The most recent exports are led by coal briquettes which represent 8.71% of the total exports, followed by palm oil (7.63%), petroleum gas (5.9%), crude petroleum (3.7%) and rubber (2.6%). Indonesia's main export markets (2015) are the United States (12%), China (11%), Japan (11%), Singapore (8.4%) and India (7.8%).
The major suppliers of imports to Indonesia are China (25%), Singapore (20%), Japan (8.1%), South Korea (5.6%) and Thailand (5.5%). In 2015, Indonesia ran a trade surplus with export revenues of US$161 billion and import expenditure of US$139 billion.