REPUBLIKA.CO.ID, JAKARTA -- The World Bank announced the world economic performance based on purchasing power parity (PPP) and exchange rates in 2011. Indonesia was included into the top 10 world economies by contributing 2.3 percent to gross domestic product (GDP).
Indonesian GDP stood at 2,058 billion USD out of 90,646 billion USD of total global GDP, based on PPP. This figure exceeded most Southeast Asian economies, such as Singapore (374 billion USD), Malaysia (606 billion USD), and Thailand (899 billion USD). World Bank explained that Indonesia's per capita income reached 8,539 USD per year or 90 million USD.
Indonesia's per capita income only reached 3,511 USD per year, based on exchange rates in 2011. World Bank in collaboration with International Comparison Program (ICP) carried out a research about the economic performance of 199 countries in the world. PPP calculation was based on the purchasing power of a country, price of goods and services. The price was then compared to prices in other countries. The calculation considered some factors, such as inflation, transportation, economic and technical factor.
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