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

Can foreign investment in Indonesia's upstream oil and gas sector live up to expectations?

Indonesia, with its abundance of natural resources, has long attracted the interest of foreign investors. However, despite the scale of its...

Economists lower growth forecasts despite Jakarta reopening

Economists expect fiscal policy to play a larger role in the last quarter

Indonesia likely to tap private sector in Covid-19 vaccine rollout: Report

Analysts billed vaccine plans as good news for the country’s pharmaceutical sector.

Corporate Indonesia headed for dark 12 months as demand dries up

WITH the Covid-19 pandemic showing no signs of abating, Corporate Indonesia is facing a bleak 12 months as consumer spending slows significantly...