Indonesia is predicted to occupy a position as the country with the world's seventh largest economy on the scale of 2030. At that time, Indonesia is believed to be offering a business opportunity for the private sector with a value of U.S. $ 1.8 billion.
For now, the scale of Indonesia's economy ranks 16th in the world.
The predictions from the report revealed McKinsey Global Institute (MGI), titled The Archipelago Economy: Unleashing Indonesia's Potential.
"Growth in Indonesia to strengthen consumers is higher than other countries outside of China and India," the McKinsey report, as quoted from a statement, Tuesday, September 18, 2012.
McKinsey estimates that Indonesia's economy in 2030 will be supported by four main sectors in services, agriculture and fisheries, and natural resources.
In the same year, McKinsey estimate the purchasing power of consumers in Indonesia will increase from 45 million to 90 million people. Consumer society are those who have earned more than U.S. $ 3,600 in terms of purchasing power.
Growth in Indonesia's consumer society will continue to increase if the government is able to maintain economic growth in the range of 5-6 percent.
"Brazil, Egypt, Vietnam, and countries with rapid economic growth, increasing consumer society will only grow half of Indonesia's consumer society in the same period," the report said.
Related three business sectors that will sustain the economy of Indonesia, McKinsey estimates of yield can create business services 7.7 percent per year with a value of U.S. $ 1.1 trillion. Last year, the business value of the services sector was only U.S. $ 260 billion.
With this increase, the share of services sector contribution to gross domestic product (GDP) in Indonesia will increase from 61 percent to 65 percent.
"However, Indonesia still lags behind other Asian countries in various forms of financial products," he said.