Indonesia vs India
Side-by-side economic and demographic comparison · 2026 data · Source: IMF & World Bank
Indonesia and India are the two largest democracies in South and Southeast Asia, with combined populations exceeding 1.7 billion. India's economy is roughly five times larger, but Indonesia's GDP per capita is higher, reflecting its smaller but wealthier population. Both countries have young demographics, growing middle classes, and large domestic consumer markets. Indonesia is more natural resource-rich (palm oil, nickel, tin, coal), while India has a larger and more sophisticated services sector. Both are benefiting from supply chain diversification away from China.
Indonesia has a GDP of $1.54T compared to India's $4.15T, making it 2.7x smaller. Indonesia's population is 285.7M vs India's 1.46B. Across 12 key indicators, India leads in 6 categories. All data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
| Indicator |  Indonesia |  India |
|---|---|---|
| GDP (USD) | $1.54T | $4.15T✓ |
| GDP per Capita | $5,362✓ | $2,813 |
| GDP Growth (%) | 5.0% | 6.5%✓ |
| GDP per Capita (PPP) | $18,973✓ | $12,801 |
| Population | 285.7M | 1.46B✓ |
| Life Expectancy | 71.3 years | 72.2 years✓ |
| Inflation (%) | 3.0%✓ | 4.7% |
| Unemployment (%) | 4.9% | 4.9% |
| Govt Debt (% GDP) | 41.5%✓ | 83.4% |
| Fertility Rate | 2.1✓ | 2 |
| Gini Index | 34.4 | 25.5✓ |
| CO₂ per Capita (t) | 2.9 | 2.2✓ |
Summary
Indonesia has a GDP of $1.54T compared to India's $4.15T, making the latter economy 2.7x larger. In terms of population, Indonesia has 285.7M people while India has 1.46B. Across the 12 indicators compared, Indonesia leads in 5 and India leads in 6.
Why sources report different numbers
The IMF, World Bank and United Nations each publish these series on their own release schedule. Where their figures differ, the reason is usually visible in the reference year rather than in the methodology.
| Source | Indonesia | India |
|---|---|---|
| IMF | $1.54T2026 | $4.15T2026 |
| World Bank | $1.45T2025 | $3.96T2025 |
| United Nations | $1.40T2024 | $3.95T2024 |
These are not the same reference year. IMF publishes 2026 and United Nations publishes 2024 — each is the latest that publisher has released, on its own schedule. A figure for a year still in progress is a projection rather than an outturn. Indonesia spans about 10% across 2 years; India spans about 5% across 2 years.
| Source | Indonesia | India |
|---|---|---|
| IMF | $5,3622026 | $2,8132026 |
| World Bank | $5,0602025 | $2,7022025 |
| United Nations | $4,9252024 | $2,7242024 |
These are not the same reference year. IMF publishes 2026 and United Nations publishes 2024 — each is the latest that publisher has released, on its own schedule. A figure for a year still in progress is a projection rather than an outturn. Indonesia spans about 9% across 2 years; India spans about 4% across 1 year.
Figures are reproduced as published by each source, converted to a common unit, with each publisher's own reference year shown. Differences are described, not adjudicated — no source is presented as more correct than another.
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