![](https://exportnz.org.nz/wp-content/uploads/2023/05/Lets-Talk-ASEAN-10-1.png)
Indonesia’s economy has experienced significant growth in the last twenty years with its GDP growing at the rate of more than 4% a year. Southeast Asia’s largest economy is now the 16th largest in the world (IMF, 2021). In 2021, its economy continued to rebound despite the disruption from the COVID pandemic, and momentum is there for 2022 with a projected GDP growth of 3.7% in 2021 to 5.2% in 2022 (World Bank, Dec 2021).With a population of over 278 million people that features a rising middle income group and median age of 30 years, Indonesia is an attractive trade and investment destination for New Zealand companies. In 2021, New Zealand exported about NZ$373 million in goods and services to Indonesia (NZ MFAT, Nov 2021). It is New Zealand’s 7th largest trading partner.