Indonesia has been growing. With 15 years of GDP and cash exchange rate data, measured by quarters, the Indonesia economy has grown 59.3% of the time and has shrunk 40.7% of the time.
The longest growth streak lasted eight quarters between Q4 2006 and Q3 2007. The longest decline stretch lasted seven quarters between Q3 2011 and Q1 2013.
True GDP hit a peak Q3 2010. From the peak, True GDP declined -8.0% a year, falling a full -28.3% over four years. Over that period, compared to the USA and Eurozone countries, the fall wasn't too bad.
The True GDP low from the peak came Q4 2013. Since the low True GDP has grown 5.63% growing at the yearly rate of 8.0%.
After hitting a low in January 2014, True EIDO has grown 16.72% from the bottom, growing at a yearly rate of 1.5%. With 18.8 years of data, for 48.9% of the time, EWM has up months and for 50.7% of the time, EWM has down months.
ABOUT THE ASEAN
The Association of Southeast Asian Nations (ASEAN) is a political and economic organisation of ten Southeast Asia countries. The six biggest economies comprise the ASEAN SIX — Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam. The remaining four countries are Brunei, Cambodia, Laos, and Burma.With more than US$2.3 trillion combined GDP, ASEAN ranks as the seventh largest economy behind the US, China, Japan, Germany, France and the United Kingdom. ASEAN has more than 600 million (8.8% of the world's population).
ASEAN FREE TRADE
ASEAN has free trade agreements (FTA) with China Japan, India, Australia, New Zealand, and , Korea. ASEAN-India bilateral trade crossed the $70 billion target in 2012.The ASEAN Capital Markets Forum (ACMF) seeks to integrate the stock markets of Malaysia, Vietnam, Indonesia, Philippines, Thailand and Singapore; harmonize commercial standards; and harmonize commercial regulation.
The ASEAN Single Aviation Market (ASEAN-SAM) is an effort to establish a unified aviation market by 2015. Already, there is visa-free travel for citizens of ASEAN countries.
Gab It
