Services Sector and Tourism (1997–2024)

Sangaralingam Ramesh ()
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Sangaralingam Ramesh: University of Oxford

Chapter Chapter 9 in The Political Economy of Indonesia’s Economic Development, Volume II, 2025, pp 279-313 from Springer

Abstract: Abstract IndonesiaIndonesia’s services sectorServices sector has undergone a dramatic transformation since the Asian Financial CrisisAsian Financial Crisis of 1997–1998, emerging as the most dynamic and diversified segment of the national economy. As of 2023, services contributed over 44% to GDPGDP and employed more than half of the national labour forceNational labour force, reflecting a decisive structural shiftStructural shift from traditional reliance on extractive and manufacturing industries.

Date: 2025
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DOI: 10.1007/978-3-032-03140-2_9

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