The BRICS (Brazil, Russia, India, China and South Africa) countries were until some time ago, the apple of the investors' eye. However, these economies are facing challenges in the form of slowing growth and high inflation. As such, many a global investors have been shying away from investing in these countries.
There is another emerging economy that appears to be a lucrative investment opportunity for investors. The name is Indonesia. Currently ranked 16th, the country is expected to become the 7th largest economy by 2030. Owing to factors such as robust domestic consumption and a rising middle class, Indonesia features among the fastest growing economies in the world today. It must be noted that the country was severely affected during the Asian financial crisis of 1997. However, it has shown great resilience in the recent global crisis. The economy has been growing at a healthy rate of about 6%. And the same is expected to continue going forward.
There is another emerging economy that appears to be a lucrative investment opportunity for investors. The name is Indonesia. Currently ranked 16th, the country is expected to become the 7th largest economy by 2030. Owing to factors such as robust domestic consumption and a rising middle class, Indonesia features among the fastest growing economies in the world today. It must be noted that the country was severely affected during the Asian financial crisis of 1997. However, it has shown great resilience in the recent global crisis. The economy has been growing at a healthy rate of about 6%. And the same is expected to continue going forward.
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