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Economy of Indonesia vs Tunisia compared: GDP & Debt

Updated on by Georank team

Indonesia has a GDP of $1.4T compared to $51.3B for Tunisia, ranking 16/197 and 93/197 by economy size, respectively.

Indonesia has $561B in government debt (40.2% of GDP), compared to $42.8B (83.4% of GDP) in Tunisia.

Indonesia vs Tunisia GDP by year

Indonesia
Tunisia
1x
Year GDP, current $
Indonesia Tunisia
2024 $1,396,300,098,191 $51,332,285,657
2023 $1,371,169,301,564 $48,205,328,303
2022 $1,319,101,183,380 $44,929,920,093
2021 $1,186,509,691,087 $47,073,234,359
2020 $1,059,054,842,698 $42,491,780,918
2019 $1,119,099,871,350 $41,905,642,419
2018 $1,042,271,532,989 $42,686,504,460
2017 $1,015,618,744,160 $42,163,530,591
2016 $931,877,364,038 $44,360,072,680
2015 $860,854,232,686 $45,779,494,042
2014 $890,814,755,534 $50,271,812,921
2013 $912,524,136,718 $48,685,446,414
2012 $917,869,913,333 $47,311,401,813
2011 $892,969,104,563 $48,123,325,825
2010 $755,094,157,622 $46,206,091,938
2009 $539,580,085,612 $43,455,740,497
2008 $510,228,634,992 $44,859,439,902
2007 $432,216,737,775 $38,915,353,867
2006 $364,570,515,618 $34,376,664,601
2005 $285,868,619,196 $32,272,186,695
2004 $256,836,875,295 $31,183,885,241
2003 $234,772,463,824 $27,453,902,261
2002 $195,660,611,165 $23,141,616,605
2001 $160,446,947,785 $22,065,832,449
2000 $165,021,012,078 $21,473,528,161
1999 $140,001,351,215 $22,943,202,175
1998 $95,445,547,873 $21,802,893,587
1997 $215,748,998,610 $20,746,210,354
1996 $227,369,679,375 $19,587,161,807
1995 $202,132,028,723 $18,030,876,599
1994 $176,892,143,932 $15,633,174,304
1993 $158,006,700,302 $14,608,335,608
1992 $128,026,966,580 $15,496,708,060
1991 $116,621,996,217 $13,074,782,609
1990 $106,140,727,334 $12,290,568,182
1989 $94,451,427,877 $10,101,851,745
1988 $84,300,174,486 $10,096,245,762
1987 $75,929,617,558 $9,696,715,911
1986 $79,954,072,545 $9,017,806,654
1985 $85,289,488,375 $8,410,226,053
1984 $84,853,700,028 $8,254,541,195
1983 $81,052,283,384 $8,350,582,748
1982 $90,158,449,295 $8,133,580,052
1981 $85,518,233,419 $8,428,445,294
1980 $72,482,337,397 $8,744,134,354
1979 $51,400,186,343 $7,188,863,904
1978 $51,455,719,076 $5,968,460,080
1977 $45,808,915,663 $5,109,324,009
1976 $37,269,156,627 $4,508,191,942
1975 $30,463,855,422 $4,328,965,588
1974 $25,802,409,639 $3,545,868,575
1973 $16,273,253,012 $2,730,813,385
1972 $10,997,590,361 $2,237,556,149
1971 $9,333,536,370 $1,685,162,272
1970 $9,150,684,932 $1,439,238,095
1969 $8,337,423,313 $1,289,904,762
1968 $7,076,465,300 $1,214,666,667
1967 $5,667,756,628 $1,085,714,286
1966 - $1,040,952,381
1965 - $991,047,619
1964 - $1,025,866,792
1963 - $1,026,737,600
1962 - $880,027,733
1961 - $866,155,429

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/indonesia/tunisia | CC BY

GDP per capita in Indonesia vs Tunisia by year

Indonesia
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Indonesia Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,925 $16,448 $4,181 $14,521
2023 $4,876 $15,416 $3,951 $14,041
2022 $4,731 $14,285 $3,707 $13,619
2021 $4,287 $12,757 $3,907 $12,444
2020 $3,854 $11,729 $3,549 $11,918
2019 $4,107 $11,986 $3,529 $12,495
2018 $3,861 $11,372 $3,628 $11,841
2017 $3,799 $10,688 $3,619 $11,289
2016 $3,521 $10,263 $3,848 $10,994
2015 $3,288 $10,028 $4,015 $10,783
2014 $3,441 $10,065 $4,459 $10,947
2013 $3,567 $9,866 $4,370 $10,672
2012 $3,632 $9,530 $4,297 $10,615
2011 $3,579 $8,937 $4,421 $10,436
2010 $3,066 $8,353 $4,292 $10,555
2009 $2,218 $7,868 $4,080 $10,237
2008 $2,125 $7,569 $4,255 $9,975
2007 $1,823 $7,096 $3,727 $9,479
2006 $1,558 $6,583 $3,323 $8,729
2005 $1,238 $6,134 $3,147 $8,117
2004 $1,127 $5,700 $3,067 $7,672
2003 $1,043 $5,353 $2,726 $7,098
2002 $881 $5,076 $2,321 $6,715
2001 $732 $4,849 $2,236 $6,593
2000 $764 $4,639 $2,199 $6,279
1999 $657 $4,386 $2,376 $5,930
1998 $455 $4,356 $2,285 $5,579
1997 $1,045 $5,037 $2,202 $5,333
1996 $1,119 $4,807 $2,107 $5,040
1995 $1,011 $4,451 $1,968 $4,686
1994 $900 $4,096 $1,733 $4,555
1993 $817 $3,793 $1,649 $4,401
1992 $674 $3,538 $1,785 $4,292
1991 $624 $3,305 $1,538 $3,975
1990 $578 $3,044 $1,476 $3,780
1989 $524 - $1,239 -
1988 $477 - $1,266 -
1987 $438 - $1,245 -
1986 $470 - $1,187 -
1985 $511 - $1,135 -
1984 $520 - $1,143 -
1983 $508 - $1,184 -
1982 $578 - $1,177 -
1981 $561 - $1,247 -
1980 $487 - $1,324 -
1979 $353 - $1,113 -
1978 $362 - $946 -
1977 $331 - $830 -
1976 $275.7 - $752 -
1975 $231.1 - $741 -
1974 $200.7 - $624 -
1973 $129.9 - $493 -
1972 $90.1 - $415 -
1971 $78.5 - $320 -
1970 $79.1 - $280.5 -
1969 $74.1 - $257.7 -
1968 $64.7 - $248.9 -
1967 $53.2 - $228 -
1966 - - $223.8 -
1965 - - $217.3 -
1964 - - $228.5 -
1963 - - $231.9 -
1962 - - $201.4 -
1961 - - $200.7 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/indonesia/tunisia | CC BY

Indonesia's GDP per capita is $4,925, ranking 121/197, compared to $4,181 in Tunisia, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Indonesia ranks 107th at $16,448, while Tunisia ranks 114th at $14,521.

Economic indicators

Indonesia Tunisia
Gross domestic product
$1.4T
2024
$51.3B
2024
GDP rank
16/197
2024
93/197
2024
GDP growth
5.03%
2023-2024
1.61%
2023-2024
GDP per capita
$4,925
2024
$4,181
2024
GDP per capita rank
121/197
2024
129/197
2024
GDP per capita, PPP
$16,448
2024
$14,521
2024
GDP per capita PPP rank
107/197
2024
114/197
2024
Government debt
$561B
2024
$42.8B
2024
Debt-to-GDP ratio
40.2%
2024
83.4%
2024
Government debt per person
$1,978
2024
$3,487
2024
Government debt per person rank
120/185
2024
94/185
2024
Average annual personal income after taxes
$3,371
2026
$3,951
2026
Market capitalization of domestic companies
$758B
2023
$8.3B
2024
Number of millionaires
178,605
2025
n/a
Number of billionaires
33
2025
n/a
Income share by richest 10%
28.8%
2024
27%
2021
Income share by poorest 10%
3.5%
2024
3.1%
2021
Government expenditure, % of GDP
16.8%
2024
33.8%
2024
Consumer prices inflation
2.18%
2023-2024
7%
2023-2024
Central bank interest rate
4.75%
2025
7.5%
2025
Unemployment rate
3.31%
2023
15.1%
2023
Population
288551776
12437803

Spending and national debt comparison by year

Indonesia
Spending

Debt
Tunisia
Spending

Debt
1x
Year % of GDP
Indonesia Tunisia
Government spending Government debt Government spending Government debt
2024 16.8% 40.2% 33.8% 83.4%
2023 16.6% 39.6% 35.7% 84%
2022 17.3% 40.1% 36.5% 83%
2021 18.1% 41.1% 33.2% 79.7%
2020 18.4% 39.7% 34.5% 77.7%
2019 16.4% 30.6% 29.5% 67.3%
2018 16.6% 30.4% 28.7% 72.9%
2017 16.4% 29.4% 28.7% 67.1%
2016 16.9% 28% 27.2% 58.9%
2015 17.6% 27% 27.4% 52.4%
2014 18.4% 24.6% 27.7% 50.7%
2013 18.8% 24.9% 30.8% 45.6%
2012 18.8% 23% 28.3% 49%
2011 17.7% 23.1% 27.9% 43.3%
2010 16.9% 26.4% 24% 38.8%
2009 17% 26.5% 24.6% 40.3%
2008 19.4% 30.3% 23.7% 41.4%
2007 18.7% 38.1% 23.3% 42.7%
2006 18.4% 35.8% 22.9% 45.7%
2005 17.4% 42.6% 23% 50%
2004 17.8% 51.3% 23% 51.6%
2003 18.2% 55.6% 23.5% 52.6%
2002 16.9% 62.3% 24.1% 51.6%
2001 19.5% 73.7% 24% 52.2%
2000 15.3% 87.4% 24% 62.9%
1999 15.1% 95.9% 24% 61.9%
1998 15.1% 72.5% 24.2% 58.2%
1997 15.2% 26.4% 24.5% 66.6%
1996 11.5% 27.5% 26.7% 66.8%
1995 11.9% 32% 26.6% 65.6%
1994 13.5% 37% 25.9% 63.9%
1993 14.1% 40.4% 26.7% 63.8%
1992 16.8% 42.6% 25.7% 62.1%
1991 15% 39.2% 27.6% 63.3%
1990 15.8% 40.8% - -
1989 16.5% 42.5% - -
1988 17.3% 45.6% - -
1987 18% 49.7% - -
1986 20.9% 38.3% - -
1985 18.5% 28% - -
1984 16.1% 23.5% - -
1983 18.2% 23.1% - -
1982 18.8% 18.6% - -
1981 24.4% 16.4% - -
1980 22.1% 17.3% - -
1979 20.9% 22% - -
1978 20.1% 30.3% - -
1977 19.5% 27.7% - -
1976 21.8% 38.1% - -
1975 20.5% 36.7% - -
1974 17.3% 34.4% - -
1973 16.3% 43.1% - -
1972 15.7% 51.2% - -
1971 14.5% 50.5% - -
1970 13.8% 46.7% - -
1969 12.8% - - -
1968 8.82% - - -
1967 10.4% - - -
1966 9.18% - - -
1965 10.7% - - -
1964 9.55% - - -
1963 10.3% - - -
1962 7.89% - - -
1961 15.1% - - -
1960 14.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/indonesia/tunisia | CC BY

In 2024, Indonesia's government spending was $235B, accounting for 16.8% of its GDP, while Tunisia spent $17.4B, or 33.8% of GDP.

Debt-to-GDP ratio is 40.2% in Indonesia and 83.4% in Tunisia, ranking 132/185 and 40/185, respectively.

Government deficit by year

Deficit/surplus
Indonesia

Tunisia
1x
Year Deficit/surplus, % of GDP
Indonesia Tunisia
2024 -2.3% -5.92%
2023 -1.64% -7.03%
2022 -2.31% -6.91%
2021 -4.4% -7.6%
2020 -6.07% -9.06%
2019 -2.09% -3.6%
2018 -1.69% -4.27%
2017 -2.26% -5.61%
2016 -2.56% -5.87%
2015 -2.72% -4.95%
2014 -1.8% -3.11%
2013 -1.96% -7.05%
2012 -1.59% -4.9%
2011 -0.7% -3.19%
2010 -1.24% -0.46%
2009 -1.64% -2.59%
2008 0.05% -0.62%
2007 -0.95% -2.47%
2006 0.45% -2.33%
2005 0.46% -2.59%
2004 -0.26% -2.1%
2003 -1.08% -2.64%
2002 -0.58% -2.55%
2001 -1.76% -2.87%
2000 -1.87% -3.22%
1999 -0.96% -3.05%
1998 -1.89% -2.84%
1997 -1.03% -3.7%
1996 0.96% -5.18%
1995 0.64% -4.53%
1994 0.005% -2.87%
1993 -0.59% -3.22%
1992 -2.95% -3.45%
1991 -0.87% -5.25%
1990 -0.55% -
1989 -1.72% -
1988 -2.68% -
1987 -0.9% -
1986 -2.94% -
1985 -0.45% -
1984 1.83% -
1983 -1% -
1982 -1.11% -
1981 -0.69% -
1980 -0.82% -
1979 -0.67% -
1978 -2.03% -
1977 -0.38% -
1976 -2.63% -
1975 -2.33% -
1974 -0.35% -
1973 -1.33% -
1972 -1.82% -
1971 -2.51% -
1970 -3.02% -
1969 -2.8% -
1968 0% -
1967 -0.35% -
1966 -5.06% -
1965 -6.62% -
1964 -5.58% -
1963 -5.24% -
1962 -3.1% -
1961 -4.57% -
1960 -1.65% -
1959 -4.06% -
1958 -6.67% -
1957 -2.92% -
1956 -1.38% -
1955 -1.6% -
1954 -3.16% -
1953 -2.33% -
1952 -3.66% -
1951 1.52% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-02-20).

GeoRank.org/economy/indonesia/tunisia | CC BY

In 2024, Indonesia's government deficit, the difference between spending and revenue, was $32.1B, equivalent to 2.3% of GDP. This compares to Tunisia's deficit of $3.04B, or 5.92% of GDP.

Over the past 34 years, Indonesia recorded a fiscal deficit in 28 of those years, while Tunisia ran a deficit in 34 years. On average, Indonesia posted an annual deficit equal to 1.45% of GDP, compared to deficit of 4.05% of GDP for Tunisia.

Inflation comparison by year

Inflation
Indonesia

Tunisia
1x
Year Consumer prices inflation
Indonesia Tunisia
2024 2.18% 7%
2023 3.67% 9.3%
2022 4.21% 8.3%
2021 1.56% 5.7%
2020 1.92% 5.6%
2019 3.03% 6.7%
2018 3.2% 7.3%
2017 3.81% 5.3%
2016 3.53% 3.6%
2015 6.36% 4.4%
2014 6.39% 4.6%
2013 6.41% 5.3%
2012 4.28% 4.6%
2011 5.36% 3.2%
2010 5.13% 4.4%
2009 4.39% 3.5%
2008 10.2% 4.9%
2007 6.41% 3.4%
2006 13.1% 4.1%
2005 10.5% 2%
2004 6.06% 3.7%
2003 6.76% 2.7%
2002 11.9% 2.7%
2001 11.5% 1.9%
2000 3.69% 2.8%
1999 20.5% 2.8%
1998 58.5% 3.1%
1997 6.23% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/indonesia/tunisia | CC BY

Over the past 28 years, Indonesia has recorded an average annual inflation rate of 8.24%, compared with 4.52% in Tunisia. In 2024, inflation was 2.18% in Indonesia and 7% in Tunisia.

Top exports between countries

Indonesia
Export category Export value
Processed food, beverages & tobacco $57.2M
Machinery & equipment $27.6M
Raw materials & minerals $23.8M
Metals $11.1M
Raw agricultural goods $7.61M
Animal & marine products $5.63M
Textiles & consumer goods $3.46M
Chemicals & pharma $1.09M
Wood & paper products $316K
Miscellaneous $47K
Tunisia
Export category Export value
Machinery & equipment $20.4M
Raw agricultural goods $13.5M
Animal & marine products $10.2M
Metals $4.02M
Processed food, beverages & tobacco $261K
Chemicals & pharma $72K
Textiles & consumer goods $48K
Raw materials & minerals $29K
Miscellaneous $1K

Balance of trade

Indonesia Tunisia
Current account balance
-$8.72B
2024
-$775M
2024
Current account balance ranking
174/190
2024
117/190
2024
Current account balance, % of GDP
-0.62%
2024
-1.51%
2024
Goods imports
$223B
2024
$18.7B
2024
Goods exports
$263B
2024
$8.95B
2024
Service imports
$57.6B
2024
$3.92B
2024
Service exports
$39B
2024
$11.2B
2024
Imports of goods and services, % of GDP
20.4%
2024
56.3%
2024
Exports of goods and services, % of GDP
22.2%
2024
50%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Indonesia Tunisia
Economic freedom 65.1 48.1
Economic freedom ranking 67/197 172/197
Property rights 39.7 55.7
Government integrity 42 42.1
Judicial effectiveness 43.1 39.7
Tax burden 81.5 68.5
Government spending 91.4 62.5
Fiscal health 89.8 16
Business freedom 69.2 59.4
Labor freedom 56.8 55.8
Monetary freedom 79.4 72.4
Trade freedom 78.6 54.6
Investment freedom 50 20
Financial freedom 60 30

Economic freedom comparison by year

Indonesia
Tunisia
1x
Year Economic freedom index
Indonesia Tunisia
2026 65.1 48.1
2025 65.2 49.1
2024 63.5 48.8
2023 63.5 52.9
2022 64.4 54.2
2021 66.9 56.6
2020 67.2 55.8
2019 65.8 55.4
2018 64.2 58.9
2017 61.9 55.7
2016 59.4 57.6
2015 58.1 57.7
2014 58.5 57.3
2013 56.9 57
2012 56.4 58.6
2011 56 58.5
2010 55.5 58.9
2009 53.4 58
2008 53.2 60.1
2007 53.2 60.3
2006 51.9 57.5
2005 52.9 55.4
2004 52.1 58.4
2003 55.8 58.1
2002 54.8 60.2
2001 52.5 60.8
2000 55.2 61.3
1999 61.5 61.1
1998 63.4 63.9
1997 62 63.8
1996 61 63.9
1995 54.9 63.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/indonesia/tunisia | CC BY

The Economic Freedom Index for Indonesia is 65.1, ranking 67/197, compared to 48.1 for Tunisia, ranking 172/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Indonesia Tunisia
Services, % of GDP
43.8%
2024
62.6%
2024
Industry, % of GDP
39.3%
2024
22.6%
2024
Agriculture, forestry, and fishing, % of GDP
12.6%
2024
9.74%
2024
GNI, Atlas method
$1.39T
2024
$47.7B
2024
GNI per capita, PPP
$16,010
2024
$14,230
2024
Total reserves including gold
$156B
2024
$9.34B
2024
Total reserves ranking
20/177
2024
80/177
2024
Net foreign direct investment
-$15.9B
2024
-$725M
2024
Net inflows of foreign direct investment
$24.2B
2024
$760M
2024
Net outflows of foreign direct investment
$8.39B
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI
5.65%
2024
10.9%
2024
Poverty at national poverty lines
9%
2024
16.6%
2021
Gross capital formation, % of GDP
31.4%
2024
7.86%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/indonesia/tunisia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.