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

Grocery wars await amid Indonesian retail woes

Larger retailers face an uphill slog to regain profits in 2020.

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Southeast Asia has benefited from a growing tourism sector, as tourists prefer Southeast Asia over Northeast Asia due to the latter's ongoing...

Asian users aged 31-34 most accurate in finance assessments: Robocash

Asian users of online financing services who fall between the ages of 31 and 34 are the most accurate in matching their finance needs to actual...

Indonesia investment growth sped up in Q3: UOB

This reflects investor confidence following Jokowi's re-election, said the report

Slow growth the main risk to Indonesian property market: Report

The biggest risk to Indonesia’s property sector is economic growth that falls below the 5 per cent benchmark.

Biogas as a sustainable energy solution for Southeast Asia

The recent advent of a circular economy highlights the importance of anaerobic digestion and biogas. Anaerobic digestion is a process where large...