Vivek Vaidya , Vice President of the Mobility Practice at Frost and Sullivan , also said the successful tax amnesty program of Indonesia , which runs until 31 March 2017 , strengthens Indonesia ' s automotive sector and added that by 2020 Indonesia ' s middle class is estimated to number 150 million .
Although the low-cost green car and multipurpose vehicle are the best sellers in Indonesia , the sports utility vehicle is gaining popularity rapidly and may actually replace the multipurpose vehicle as Indonesia ' s most popular vehicle .
There exists a correlation between car sales and economic growth . When ( per capita ) gross domestic product ( GDP ) growth boosts people ' s purchasing power while consumer confidence is strong , people are willing to buy a car .
This correlation between domestic car sales and economic growth is clearly visible in the case of Indonesia . Between the years 2007 and 2012 , the Indonesian economy grew at least 6.0 percent per year , with the exception of 2009 when GDP growth was dragged down by the global financial crisis . In the same period , Indonesian car sales climbed rapidly , but also with the exception of 2009 when a steep decline in car sales occurred .
Economic Growth & Car Sales Statistics of Indonesia : |
|
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
|
GDP ²
( annual % change )
|
6.3 |
6.0 |
4.6 |
6.2 |
6.2 |
6.0 |
5.6 |
5.0 |
4.8 |
|
GDP per Capita 1
( in USD )
|
1,861 |
2,168 |
2,263 |
3,125 |
3,648 |
3,701 |
3,624 |
3,492 |
|
|
Car Sales
( in million units )
|
0.43 |
0.61 |
0.49 |
0.76 |
0.89 |
1.12 |
1.23 |
1.21 |
1.01 |
1 the base year for computing the economic growth rate shifted from 2000 to 2010 in 2014 , previous years have been recalculated |
Month
Sold Cars 2012
Indonesian Car Sales ( CBU ):
Sold Cars 2013
Sold Cars 2014
Sold Cars 2015
Sold Cars
2016 January 76,427 96,718 103,609 94,194 85,002 February 86,486 103,278 111,824 88,740 88,208 March 87,917 95,996 113,067 99,410 94,092 April 87,144 102,257 106,124 81,600 84,770 May 95,541 99,697 96,872 79,375 88,567 June 101,746 104,268 110,614 82,172 91,488 July 102,511 112,178 91,334 55,615 61,891 August 76,445 77,964 96,652 90,537 96,282 September 102,100 115,974 102,572 93,038 92,541 October 106,754 112,039 105,222 88,408 92,106 November 103,703 111,841 91,327 86,938 100,215 December 89,456 97,706 78,802 73,264 86,573 Total 1,116,230 1,229,916 1,208,019 1,013,291 1,061,735
Car Sales ( car units ) Car Exports ( car units )
2009 2010 2011 2012 2013 2014 2015 2016 486,061 764,710 894,164 1,116,230 1,229,916 1,208,019 1,013,291 1,061,735
56,669 85,769 107,932 173,368 170,907 202,273 207,691
( Source : World Bank ; Gaikindo ; Indonesia Investments )
2 Trade & Investment Bulletin | Number V / March 2017