Is Indonesia a Developed or Developing Country?

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Is Indonesia a Developed or Developing Country?

The dictionary meaning of a developing country is: A country that is poor and whose citizens are mostly agricultural workers but that wants to become more advanced socially and economically. Whereas a developed country is: A  country with a relatively high per capita income, where most people have a higher standard of living with access to more goods and services than most people in developing countries.

So a developing country is one whose major labour force is in primary production industries; has a low GDP per capita; a relatively lower world HDI (Human Development Index) and has lower values for the various development indicators (as shown in the table below) and is striving to advance socially and economically.

Country-wise Development Indicators

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 Human Development Index is the mean of Life Expectancy at birth, the average years of schooling and the expected years of schooling. The following formula could be used to obtain the HDI:

(Where LE: Life expectancy at birth; MYS: Mean years of schooling; EYS: Expected years of schooling )

Looking at the table, we see that Indonesia has low HDI as compared to other developed countries (USA, UK, Norway) with an approximate difference of 0.3. This automatically makes Indonesia fall under the ‘developing country’ label. Other major factors such as life expectancy at birth, adult literacy rate and ...

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