Based on current projections, Indonesia’s current population is expected to reach its peak of 337.38 million by 2067 and the decrease in the decades following.
Between 2000 and 2010, Indonesia experienced an average annual population growth rate of 1.49%. Indonesia’s yearly growth change is about 1.07% for 2020. This means that Indonesia currently grows by about 2.73 million people per year.
The growing population is a concern for Indonesia’s economy, threatening to slow its growth and development. A low population growth rate would translate into a high per capita GDP, leading to higher incomes, higher savings, higher investments, and implies a decrease in the poverty rate.