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

Indonesia's trade balance swings back to positive in Sept

[JAKARTA] Indonesia's trade balance unexpectedly swung back to surplus in September as both imports and exports grew much slower than expected,...

Indonesia sees weakening currency as beneficial to spur reforms

INDONESIA'S weakening currency is a good thing as it will spur the government to accelerate reforms to bolster the economy, according to Thomas...

Singapore, Indonesia move to deepen trade, investment links

SINGAPORE and Indonesia have accomplished much together in the last few years and can do much more together for the long-term benefit of their people...

Singapore and Indonesia plan bilateral US$10b stability package

A US$10 billion bilateral financial arrangement between Indonesia and Singapore will boost confidence amid global liquidity risks and volatile...