Indonesia is a country in Southeastern Asia, situated between the Indian Ocean and the Pacific Ocean. It has a strategic location astride major sea lanes and is an archipelago of more than 17,000 islands. Some of these islands share borders with Timor-Leste, Malaysia, and Papua New Guinea.
58.9%
Urban population (2023)
41.1%
Rural population (2023)
50.3%
Male (2023)
49.7%
Female (2023)
11.37%
Baby boomer (2023)
19.94%
Gen X (2023)
24.87%
Gen Y (2023)
25.53%
Gen Z (2023)
Employment profile
The labor force reached
people in 2023
69.48%
Participation rate (2023)
94.7%
Employment rate (2023)
97%
Labour force at SMEs (2023)
9.9%
High-skilled labour ratio (2017)
US$ 222.5
Monthly average income (2023)
15.1%
Attrition rate (2023)
29.3%
Employment in Agriculture (2022)
21.9%
Employment in Industry (2022)
48.8%
Employment in Services (2022)
US$ 1370B
GDP (2023)
US$ 5270
GDP per capita (2023)
US$ 82B
Digital economy GMV (2023)
US$ 42B
ICT market size (2023)
99%
Percentage of MSMEs (2023)
US$ 2.85B
Total capital invested in startups (2023)
The largest economy in Southeast Asia
FDI inflows
Indonesia's foreign direct investment attracted nearly US$ 50.27 billion by 2023
Export turnovers
Indonesia's export turnovers reached US$ 258.8 billion by 2023
GDP, by industry
Manufacturing contributed the most to Indonesia's GDP in 2023
Deal value of startup funding, by industry
Marketplace startups secured the highest total funding in 2023
US$ 50.27B
FDI Inflow (2023)
Leading FDI sectors
Metal, Except Machinery, and Equipment Industry
23.4%
Transportation, Warehouse, and Telecommunication
11.2%
Chemical and Pharmaceutical Industry
9.5%
Mining
9.4%
Paper, Paper Based Goods and Printing Industry
6.8%
US$ 258.8B
Export turnovers (2023)
Oil and gas
Natural gas
3.4%
Oil products
2.1%
Crude oil
0.7%
Non oil and gas
Manufacturing
72.1%
Mining and other products
20%
Agricultural, Forestry and Fishery
1.7%
Doing business in Indonesia
Opportunities & challenges
Opportunities
• A growing middle class
• Diverse natural resources
• Open policies for international investments
• Sound fiscal position
• Huge domestic market
• Low labour costs and demographic dividend
Looking to expand in Indonesia?
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