Comparing Nigeria and Indonesia: Economic Showdown
#WilsonErumebor, Senior Economist with the #NigerianEconomicSummitGroup, spoke about a new research paper he co-wrote with Dr. #TemitopeOshikoya, former Director, #AfDB; and #MichaelFamoroti, Chief Economist at Stears. The paper looked at developmental economics in Nigeria and Indonesia
#nigeria #indonesia #economics #development #growth #africa #asia
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Пікірлер: 237
I'm Indonesian, I hope Nigeria's economy can grow bigger and better for the people of Nigeria, i also hope that can be a good impact on African nations and develop good relationship with Indonesia
@tobi9809
2 жыл бұрын
Menjijikan🤮 ada di mana" netizen paling norak di dunia
@fajarmaulanaramadan7438
2 жыл бұрын
@@tobi9809 lu yg menjijikkan 🤮
@yoswardoyotube5353
2 жыл бұрын
Komenmu ikuu artine opo mas Rizal ?
@yuzakramadhani652
Жыл бұрын
Malu malu in blok komentar lu
@yoswardoyotube5353
Жыл бұрын
@@yuzakramadhani652 iya kamu yg paling pinter . .
My Germany buddy, as a consultant said that Indonesia is very challenging, is not easy doing build the telecom, electrical, road infrastructure in Indonesia. Not like India, Brazil or South Africa as the subcontinent country, Indonesia has 17.000 more islands, and 6.000 more are habitant. It's not easy connecting whole of islands, nature challange, roughest sea, volcanic mountains, with thousand ethnic groups and local languages. with a million complex problems How Indonesia become in one nation. He was still amaze.
@fajartiyarabdulmajid7807
2 жыл бұрын
Indonesia became one nation because of islam majority
@bangboy964
2 жыл бұрын
@@fajartiyarabdulmajid7807 because of bhineka tunggal ika.. Fak yu kadrun
@PissMenn
2 жыл бұрын
The Dutch did that during colonial era, why your German friend so amazed?
@totoabubakar1008
Жыл бұрын
Copy Paste Comment
@charlespattrick6642
Жыл бұрын
Krn bahasa persatuan dong
Indonesia as a country that is belittled, but has begun to rise from its slumber. Many ordinary people do not know that Indonesia initially had a very good economy in the world, even the first to start the world's largest trading industry named Verenigde Oostindische Compagnie but went bankrupt in 1799. Many do not know the history of the Indonesian economy. Verenigde Oostindische Compagnie's head office at that time was in Indonesia, not the Netherlands, when it went bankrupt in 1799 when the Dutch kingdom took over. That's the history. Other countries can learn from Indonesia, which is slowly starting to recover its economy. Greetings from Russia.
@lukayaroslav9914
2 жыл бұрын
Do you support Ukraine rn?
@sebastianwardana1527
2 жыл бұрын
bro... its called colonialism... maybe something like, taking peoples ressources and hurting the local people, something like that, thats colonialism, and also influencing the language and architecture, culture in general, etc.
@ip0ezguk876
2 жыл бұрын
@@sebastianwardana1527 She just talked about the power of the economy. The whole meaning of her' is Indonesia has something potential talent to upgrade it's economic level.
@SuperVerry
2 жыл бұрын
I'm Indonesian : ты умная.
@ipunksoboparan7577
2 жыл бұрын
Uraaaaaaaa.......slava russky
This guy argument was on the spot. Indonesian government actually choose stability over growth. But that doesn't mean our economic will not grow, this action will keep the stability and slowly grow our economic. By choosing stability will reduce the inflation rate. In fact indonesia is one of the lowest inflation rate in the world. So this law will greatly help us in the long term plus avoiding the recession unlike any other capitalists country in the future.
Nigeria once in 70's/80's was better than Indonesia in terms of economy. But now, Indonesia already left Nigeria behind. GDP, percapita, FDI, poverty rate, HDI, tourists, forex reserves, exports Indonesia is faraway better than Nigeria.
@widodoakrom3938
2 жыл бұрын
Nigeria should learn from Botswana instead from Indonesia
@ero6056
Жыл бұрын
@@widodoakrom3938 nigeria should tried to reduce the poverty rate first before that
@auron7361
Жыл бұрын
@@widodoakrom3938 Nigeria must learn from China, not from Botswana 😏
Indonesia is now the president of the g20/host of the g20, Indonesia is far more advanced than nigeria so it's not comparable
@theburden9920
2 жыл бұрын
Roses are red the violets are blue, there is always an asian better than you 🤣🤣🤣🤣
@vivrrs
2 жыл бұрын
@@theburden9920 stop it😓
@seoul_louis9584
2 жыл бұрын
It is comparable lol
@theburden9920
2 жыл бұрын
@@seoul_louis9584 it is not. Nigeria not important to the global economy as indonesia is
@seoul_louis9584
2 жыл бұрын
@@theburden9920 Indonesia is not important too lol
The analysis of indonesia's economy-politics is spot on, i hope Nigeria can learn from it for the development of their nation. Wish nigerian people for the best!
Indonesia managed to diverse their export. 30 years ago 90% of their export was oil, now they are one of biggest exporters of palm oil, coal, nickel, fishery, and coconut in the world. their digital economy have balooned up to $70B (one of the biggest in asia). I think Nigeria can learn one or two things from Indonesia.
@panurotomangkuwanito4728
Жыл бұрын
Indonesia also one the largest car and motorcycle exporter
Nigeria bergerak menuju kebangkitan Afrika bersama negara-negara Afrika lain. Begitu juga dengan Indonesia bergerak menuju kebangkitan Asia Tenggara. Majulah Nigeria dan Indonesia
I am from Indonesia and I wish the best for Nigeria to become a next superpower. Honestly I dont think my country Is full developed and perfect but I have to agree a lot of things changed compared to 15 years ago where People still thinks they need black magic to become a developed country.
Nigeria and Indonesia both love Indomie 👍
@indomie.seedap
2 жыл бұрын
@@dharmendra6214 chill bruh people all over the world know as long as they can read...
@dodiaguswandi5828
2 жыл бұрын
@@indomie.seedap hahaha. You spot another overproud Indonesia.
@moondaymood.
2 жыл бұрын
as indonesian i strongly agree with this
@ip0ezguk876
2 жыл бұрын
@@dodiaguswandi5828 sometime we need to do a sweeping for "the over proud creatures" from the internet community LOL
@orangaring2804
2 жыл бұрын
Nope brothers, i choose rice and mie sedap goreng...
Nigeria depend too mcuh on petroleum exports, Indonesia is very diverse in its exports
@widodoakrom3938
2 жыл бұрын
True
Africa is huge continent and it has so many potential, Indonesia would love to cooperates with Nigeria more In future
@ihsanulfikri9812
Жыл бұрын
It have to.. For free Asia Africa from colonialism
Nigeria U'r can do it.. Big Respect and Love from Jakarta Indonesia 🇮🇩✌️
I wish Nigeria and Indonesia for safety and prosperity.
Im from Indonesia, I wanna visit Nigeria someday.
We wish Nigeria and fellow African countries luck.
Now i understand why indomie is built there in nigeria, with the mission to solve the hunger problem, i hope nigeria can solve their poverty problem and grow together with the indonesia soon..
Nigeria the place that i wanna visit n met my friend there if i have money on the future... I have lot of nigerian friend back in 2017-2019 when they visit bali, they are easy smile n really genuine like our culture indonesia
am from Indonesia, Nigeria and Indonesia have good economic relations and the majority are Sunni Muslims, love peace for Africa from Indonesia, may both of them prosper in the future 🇲🇨🇾🇪☕
Semoga Indonesia & Nigeria semakin maju🇮🇩❤️ 🇳🇬
1NDONESIA & Negeria sama-sama memiliki potensi jadi negara yg paling berpengaruh dalam perekonomian dunia... 1ndonesia sebagai generator kawasan Asean & Nigeria sebagai generator Afrika, ayo maju bersama bro....
@postaebenu2326
Жыл бұрын
"I" bukan "1"
And now indonesia has to 1,5 trn dollar gdp just in 2 years and they have completed 5,4% the economic growth after pandemic🤯🤯🤯🤯🤯
@sullivan6661
Ай бұрын
I was surprised that Nigeria's GDP has fallen since 2022
Bravo Indonesian from Rusia
Love Nigeria from Indonesia🙏
Indonesia jaman tahun 1950_an berjasa besar atas kemerdekaan negara2 di Africa, termasuk Nigeria dalam KTT Asia Afrika 1955 di Bandung Mbah Karno gencar memperjuangkan penghapusan Penjajahan di Dunia, Saiki dipipimpin pakde Jokowi moga2 bisa meneruskan perjuanganya Mbah Karno, bisa berjaya diberbagai bidang. Bisa berperan besar dipanggung dunia. Semoga negara2 di Benua Afrika cepat bangkit seperti dibelahan bumi lainya.
Im İndonesian, a bit surprised that my country praised outside. Salam from Indonesia.
Indonesia improved a lot under president Jokowi ♥️ 👏 ❤️
Africa and Indonesia in G20, i think Africa be a super power in the future, cause 2 big country populus, and high export
Indonesia modern country and far ahead to Nigeria in all aspects Nigeria poor and dirty country undeveloped. Indonesia is one of Asians rising economy.
@widodoakrom3938
2 жыл бұрын
I highly disagree with you
@yovindamahardika1078
Жыл бұрын
Don't say dirty dude, that's rude.
@citiesskyline770
Жыл бұрын
@@yovindamahardika1078 lol why you hurt? I'm telling the truth so you hurt because your country are poor?
@yovindamahardika1078
Жыл бұрын
@@citiesskyline770 yes, I'm hurt for nigerian. Btw, i am Indonesian and we are not that modern like what you expect.
@sulaimanyazid985
Жыл бұрын
Provocator, pretending being indonesia
Negeri can raise like Indonesia, They have potential
Salam dari Indonesia/Greeting from Indonesian 🇮🇩👍🙏
Love negeria from Indonesian
INDONESIA🇮🇩🇮🇩 my Beloved Country. We have Everything. Come & Colaborate with us INDONESIA🇮🇩
I been in Nigeria for the certain time and I am really enjoying when stayed In Nigeria,No Wahala Oga.. I was suprised when i seen soany Indonesian brand and companies in Nigeria such as Indofood, Kimia Farma etc I was suprised when Nigeria told us that Indomie is the original brand of Nigeria..
The HUGE difference between Indonesia and Nigeria is peace and order. The former is much much safer place for non-muslims to live in.
We love n support to our brother nigeria.islam majoriti country is like our country Indonesia.
yes. alike US indonesia has long term plannings. whether the president is changed wherever the party comes out from.. long term planning cannot be changed
@mariaannainditahernawati7132
2 жыл бұрын
kayaknya itu yg mrk nggak punya ditambah lagi pihak utara dan selatan yg sering bertengkar malah ada yg usul utk pecah saja krn mereka bilang mrk nggak sama lah mrk nggak lihat indonesia kayak apa? udah jauh jauhan, ada penghalang laut, byk suku dan budaya jika indonesia saja tdk dianggap contoh ntah harus melihat yg mana lihat india?
Lagos is the most chaotic city in Africa It’s a shame Crowded unhygienic traditional markets that sell live Wild animals Hyenas, baboons you name it
@orangaring2804
2 жыл бұрын
Dit they really sell heyna? I want 2
Lee Kwan Yu of Indonesian is not Soeharto but Jokowi. For your information. Greetings from Indonesia..
Nitip jejak ae lah,..
Wow . English Nigeria sound look like Gangster 😀😀😀 very cool... Salam From Indonesia 🙏🙏
Time for Nigeria to free itself from the Anglo-Saxon grip. Kick Shell out ,as it always controls the Nigerian economy......leave the Commonwealth group ,as it only enriches Britain.......of course it Will need some years to reverse and adapt ,but afterwards Nigeria would be truly independent and rise up.....
Quite surprised to know that nigeria has 187 m population
@harukrentz435
2 жыл бұрын
@Alfaritsi Akhtar what?
@widodoakrom3938
2 жыл бұрын
The newest data Nigeria has 216 population now Nigeria has more peoples than Brazil but still estimated
Not a fair comparison, Indonesia is way ahead of Nigeria in pretty much every aspects. Should've compared Nigeria with Pakistan or Bangladesh instead
@user-rj5vp1cp1b
2 жыл бұрын
This is why sometime im tired be indonesian a lot toxic people in social media 😭
@mradvokat6703
2 жыл бұрын
@@user-rj5vp1cp1b 👈 from timor leste occupied by Indonesia, now the poorest nation and the most hunger nation on planet.
@kitldr5164
2 жыл бұрын
He said that Nigeria and Indonesia has a common similarly in diversity.. So maybe he want to follow Indonesian way to increase their economy..
@aryaelle6156
2 жыл бұрын
And nigeria was ahead of Indonesia once, but the rapid growth of Indonesia made Nigeria left behind, they want to follow our step because they are also a diverse country .... I hope Nigeria will grow rapidly also for the next years to come
@adirustam8978
2 жыл бұрын
@@mradvokat6703 no body hunger here in indonesia thank God our land so fertile.we have everything here not like Timor Leste so dry land,just corn can grow there.
I don’t understand Nigeria now still looks like Indonesia in 1970 compared to Indonesia now Indonesia are a way modern compared to Nigeria
@user-rj5vp1cp1b
2 жыл бұрын
I'm an Indonesian. don't trust this guy Wie Wien. Nigeria is developed and more modern than Indonesia, Indonesia is not modern.
@jonathanbrilliant6598
2 жыл бұрын
@@user-rj5vp1cp1b lol open your mind. sometimes it is hard to accept the reality isn't? 🤣. or are you just pretending as an indonesian? based on gdp total, percapita, infrastructure indonesia is far ahead of nigeria. even nigeria has 40% poverty rate lol
@mradvokat6703
2 жыл бұрын
@@user-rj5vp1cp1b are you nut? Indonesia is away better in every single thing compare to nigeria.
@nandyseptiandy9453
2 жыл бұрын
@@user-rj5vp1cp1baccepted the fact
@user-rj5vp1cp1b
2 жыл бұрын
@@jonathanbrilliant6598 aku orang indonesia jangan salah paham, kita indonesia juga masih miskin, dan jangan banding bandingin sama 1970 -_-
Nice
I think the main problem in Nigeria is Corruption,clash between the tribe and religion, you as country need to overcome those issue.
Indonesia is very big and amazing country in the world
I believe nigeria can do this. Even better!!
Both love indomie
As Indonesian, our country always committed to build developing countries together, we treat our brother and sister countries as equal, we don't want to be the previous developed countries that become arrogant and try to force their influence and their military power towards other countries. We want a peaceful world where each country live in harmony co-habitating earth and bring advancement to humankind as a whole.
in papers, it looks all good but i can tell you this, average Indonesian pretty much still living wage by wage just like Nigerian. in economic indeed we have tremendous growth yet politically we still the same so all that profit gained rarely goes to the people
@andibachtiar8788
Жыл бұрын
not really.. many peoples, especially in big city have decent salary but they wasted it on consumptive necessities than saving or invested it. that's why they seems like living wage by wage. easy access to make a debt is one of the reason.
@rapemap
Жыл бұрын
@Hasan: situ udah pernah ke Nigeria? Indonesia punya jaring pengaman sosial lebih baik drpd di sana.
They compare this to Indonesian security officers resorting to violence against Nigerian diplomats
@TheAnonymousKnightOfJustice
3 ай бұрын
Diplomat nepotist, purposely make trouble to get attention.😂
Wow, im indonesian and how i ended up here 😂, i was watching south china sea dispute lmao...
Although military era was autocratic. Nigerian military era > So called democracy era.
@radjaaddakhiel2755
2 жыл бұрын
i beg to differ
Africa is Africa, to compare wt INDONESIA
Stupid Comparison...! Comparing the Country must be Apple to Apple. Indonesia can't compare with Nigeria. Indonesia different than Nigeria. Different political and government systems, different system of the economy, different socio and economic life.
minggu 26 sept sy buka yutup tiba2 di layar beranda muncul video ini iseng2 sy buka dan lgsg liat ke kolom komentar ternyata benar dugaan sy ternyata sy lgsg mual2
@ezioassassin3749
Жыл бұрын
Yoi..banyak netizen sotoy Dan overproud
Njir ky compares mau bli hp baru
Indonesia and Nigeria? Both of the state is also a lot of people...
@ujicoba8076
2 жыл бұрын
Harap tutupi auratnya yang ada di foto profil
Nigeria is comparable to Pakistan or Bangladesh.
Hopefully nigeria can be better, sell nigeria
The main problem is stability, Nigeria still have different elites ruling every region, Indonesia used to had a single dictator that kill every opposition who destabilize the country. He's corrupt we all know it, but he successfully centralize the old colonial administration. That's why it easier to establish democracy in already unified society.
@kerehore2868
2 жыл бұрын
Soeharto?
@AyedYoutube
2 жыл бұрын
@@kerehore2868 soeharto stepped down like 2 decades ago
@mradvokat6703
2 жыл бұрын
The main problem is a kind people like you, blaming 2, 3 decades tragedy for your own failured in society.
@zeroyuki92
2 жыл бұрын
One of Nigeria's main problem is that they had a 30-ish year long of dictatorship and even after it was done, the country still have not managed to fully transitioned into a proper democracy (unlike Indonesia which miraculously managed to transitioned relatively well). So yeah, f*ck off, you New Order worshippers should just go to North Korea if you like stability that much.
@harukrentz435
2 жыл бұрын
Nigeria have religious militants who kidnap and kil people.
Two types of corruption...killing the chicken vs stealing the eggs
Malacca strait made Indonesia in the middle of world trade, and then prosper over time. And also did nigeria, but suez canal killed that
@widodoakrom3938
2 жыл бұрын
True
@auron7361
Жыл бұрын
Indonesia and Malaysia have never benefited from the Malacca Straits, only Singapore, because the Malays are not good at trading
Indomie are from malaysia
Dimana pun negaranya kalo ada video yg sebut indo aja orang langsung pada komen? Ada apa si? Kalian butuh pengakuan ya dari orang lain 🤭
@nandafansury7103
Жыл бұрын
SDM Indonesia parah sih dikit dikit overproud.
@crystie999
7 ай бұрын
Gak tahu jir. Gua kesini karena lihat kota di Nigeria gedungnya keren-keren banget. Gua kepo sama ekonominya gimana.
The problem with Indonesia, 90% of money, sources, economic are controlled and owned by less than 1% of people, mostly from certain type of ppl (you know who). The Gini ratio is too large.
@ardi08
Жыл бұрын
Indonesia's GINI rate is just 0.38, less than USA and China, stop despising your own home country.
Nigeria 1st world class in football. Indonesia 3rd class.
@adylylylylylylyly1848
2 жыл бұрын
Same as Malaysia. 3rd world class in football
@IDMarketer
2 жыл бұрын
Yes yes im Indonesian and i agree with you 😂😂😂, but in term of supporter enthusiast we are first class 😂😂😂
@hazmanriess8949
2 жыл бұрын
@@IDMarketer your supporter action like mad cow. Disipline low class. May damage stadium infrastructure
@radjaaddakhiel2755
2 жыл бұрын
your so called 1st class footballer are fueled by our indomie
@TJorg1993
2 жыл бұрын
40% hungry Nigerian in poverty, you should feed them football then
One thing about poverty rate. Indonesian govt is kinda cheating. They set the poverty standard to a low measurement, so that's why the poverty rate looks not bad. Some Indonesians is still unable to acces basic amenities, such as electricity, sanitation, transportation, internet, higher education, medical services, etc. But I think Indonesian govt is aware of the situation, and work hard to address the problems.
@panurotomangkuwanito4728
2 жыл бұрын
where do you live when you do not have electricity or education? 🤦♂️🤔
@fajaradi1223
2 жыл бұрын
@@panurotomangkuwanito4728 Tuh suku anak dalam, sama beberapa suku pedalaman Kalimantan dan Papua.
@panurotomangkuwanito4728
2 жыл бұрын
@@fajaradi1223 Mereka yang menolak peradaban, bukan pemerintah yang mengabaikannya. Kadang kepercayaan mereka sendiri yang membuat mereka tidak ingin maju
@edysonmanik8315
2 жыл бұрын
kau hidup di indonesia bagian mana? dengan bangganya kau komentar sprti itu tnp meneliti data dan fakta yg skrg..
@nelw
2 жыл бұрын
Cheating? The median household that define poverty in Nigeria, it is N137.400 = 334 USD/year = 0,91 USD/day = Rp 13.628/day, according to Nigerian own standard 40,1% of its people is poor. While Indonesian in March 2021 according to BPS Rp 472.525/month = 15.750/day = 1,19 USD/day, according to Indonesian standard 10.14% of its people lived below poverty line. Now, Every country has its own definition of poverty mostly based on their citizen purchasing power parity. If you want equal comparison, search for "Nigeria Poverty World Bank" and "Indonesia Poverty World Bank". World Bank use 1.90 USD/day to define poverty. In Indonesia it's 12,4% and Nigeria 82,5% of its people lived below that line. Now, would you please elaborate, which part do you think as cheating? It's ok to become government opposition, Indonesian government need opposition, but please, be smart and always check your data first.