Jakarta (; Indonesian pronunciation: [dʒaˈkarta] (listen)), officially the Special Capital Region of Jakarta (Indonesian: Daerah Khusus Ibukota Jakarta), is the capital and largest city of Indonesia. On the northwest coast of the world's most-populous island of Java, it is the centre of economy, culture and politics of Indonesia with a population of 10,770,487 in the city as of 2020. Although Jakarta only covers 699.5 square kilometres (270.1 sq mi), the smallest among any Indonesian provinces, its metropolitan area covers 6,392 square kilometres (2,468 sq mi), and is the world's second-most populous urban area after Tokyo, with a population of about 35.934 million as of 2020. Jakarta's business opportunities, as well as its potential to offer a higher standard of living, have attracted migrants from across the Indonesian archipelago, making it a melting pot of numerous cultures. Jakarta is nicknamed the "Big Durian", the thorny strongly-odored fruit native to the region, seen as the Indonesian equivalent of the "Big Apple" (New York City).
Established in the fourth century as Sunda Kelapa, the city became an important trading port for the Sunda Kingdom. It was the de facto capital of the Dutch East Indies when it was known as Batavia. Jakarta is officially a province with special capital region status, though it is commonly referred to as a city. Its provincial government consists of five administrative cities and one administrative regency. Jakarta is an alpha world city and is the seat of the ASEAN secretariat, making it an important city for international diplomacy. Financial institutions such as the Bank of Indonesia, Indonesia Stock Exchange, and corporate headquarters of numerous Indonesian companies and multinational corporations are located in the city. Jakarta has grown more rapidly than Kuala Lumpur, Bangkok and Beijing. In 2017, the city's GRP PPP was estimated at US$483.4 billion.
Jakarta's prime challenges include rapid urban growth, ecological breakdown, gridlocked traffic, congestion, and flooding. Additionally, Jakarta is sinking up to 17 cm (6.7 inches) per year, which, coupled with the rising of sea levels, has made the city more prone to flooding. It is also one of the fastest-sinking capitals in the world. In August 2019, President Joko Widodo announced a move of the capital to the province of East Kalimantan on the island of Borneo.
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