Indonesia

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Indonesia is the largest economy in Asean and the fourth largest country in the world in terms of population. The country has extensive natural resources - a key contributor to its economy. Comprising more than 17,000 islands, the country has enjoyed steady growth over the past two decades thanks in part to high commodity prices and sound economic policies - resulting in a burgeoning middle-class.

MAIN LANGUAGES

Bahasa Indonesia

various regional dialects

POPULATION

261.1 million (2016)

LAND AREA

1.905 million km²

CAPITAL

Jakarta

CURRENCY

Indonesian Rupiah (IDR)

TIME ZONE

"Western Zone: GMT +7
Central Zone: GMT +8
Eastern Zone: GMT +9"

EASE OF DOING BUSINESS

Ranked 72 out of 190 economies (World Bank Doing Business, 2018)

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Indonesia Investment Coordinating Board (BKPM) is mandated to boost domestic and foreign direct investment by creating a conducive investment climate. The investment promotion agency is Indonesia's primary interface between business and government, and serves also as a matchmaker for investors.

www.bkpm.go.id | Investor Relations Unit: (62-21) 5292 1329 /30 | info@bkpm.go.id

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LATEST UPDATES

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Mobile devices drive Pinoy shoppers

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Indonesia must invest billions in infocomm tech: Report

While schemes such as “Making Indonesia 4.0” and an e-commerce road map are already under way, “the government’s digital initiatives are split...

Indonesia's external debt rising steadily, remains healthy: Economist

INDONESIA’S external debt is still at healthy levels, according to one economist.

Call for public-private tie-ups to spur Indonesian growth

Flagging how increased investment spending has not translated to the same level of gross domestic product (GDP) growth since the 1997 Asian...

Indonesia, Thailand election outcomes to be market neutral: DBS

Policy continuity expected regardless of results, say economists