The shared national vision—that in the future Indonesia will transitioned from a modest agriculture and raw commodity-based developing country into an advanced industrial, service and technology-based developed nation—has been contemplated for generations. During Suharto's New Order administration around 1970s to mid 1990s, the planning took form as Garis-garis Besar Haluan Negara or outlines of state's policy, aimed for Lepas Landas or "take-off" as the country gradually transformed into a new industrialised country. However, the 1997 Asian financial crisis hit Indonesia hard, which caused the economic contraction and crippled the development. Subsequently, the crisis sparked the unrest and reformation movement that led to the fall of Suharto regime. Several years following the turn of 21st century, Indonesian economy has been recovered, and the rising trends of economic growth and development continues. After 10 years, Indonesia has succeed weather the storm, transformed itself from a chaotic almost-failed state in 1998, into a thriving democratic society, also one of the strongest economy in Asia by 2007. This has led to a more optimistic outlook regarding Indonesian future. In 2009 Indonesia was admitted as a member of G-20 among world's major economies, thus become a sole representative of Southeast Asian region. In June 2013, in his speech in Bali, President Susilo Bambang Yudhoyono expressed his high hopes; that in the 100th Anniversary of the Republic of Indonesia, the nation would rise to become a developed country in terms of economic, political, and social aspects, and also exercise considerable international influence in the region. He said; "I have a vision and a dream that in 2045 our economy will be truly strong and just, our democracy will mature, and our civilisation will flourish." Moreover, Indonesia is predicted will enjoy demographic bonus between 2030 and 2040, that will boosts Indonesian development towards vision 2045 as a developed nation. By that time, the number of workforce or the population of productive age is greater than the population of non productive age. During this period, the population of productive age is predicted to reach 64 percent of the total projected Indonesian population of 297 million. On 30 December 2015 in Merauke, President Joko Widodo wrote his vision titled "Indonesian Dream 2015-2085". In his notebook he wrote seven dreams of lofty goals for Indonesian future, they are:
Indonesian human resources whose intelligence outperforms other nations in the world
Indonesia is the center of education, technology and world civilisation
Society and government apparatus are free from corruption
Equitable infrastructure development throughout Indonesia
Indonesia is an independent and free country and one of the most influential in the Asia Pacific
Indonesia is a benchmark of world economic growth
On 2017, the Ministry of National Development Planning of Indonesia has finished formulating the vision. The vision was officially launched by President Joko Widodo on 9 May 2019. In this vision, the government set a target for Indonesia in 2045 to become the fifth largest economy in the world with a GDP of US$7.3 trillion and per capita income reaching US$25,000. President Joko Widodo reiterate the vision once again during his second term inauguration speech in DPR/MPR Building on 20 October 2019. To achieve these goals, Joko Widodo has set 5 policies that he would implement during his second term administration between 2019-2024:
Continuing the infrastructure development
Developing human resource
Inviting investments to the maximum extent
Reforming bureaucracy
Ensuring that the state budgets spending are focused and better-targeted