Is Indonesia Still Attractive for Investment?

Indonesia remains attractive as an investment destination, according to assessments by the Economist and the IMF. This is reflected in the continued high interest of investors in investing their funds in the country. Based on the IMD World Competitiveness ranking, Indonesia's competitiveness ranking rose 11 places to 32nd in 2019.

In a presentation titled "Dissemination of Indonesia's Economic Outlook 2019" by Dr. Iskandar Simorangkir, SE, MA, Deputy for Macroeconomic and Finance Coordination at the Coordinating Ministry for Economic Affairs, Indonesia's investment contribution to GDP is projected at 33.65%. This figure is higher than that of other countries, such as India (31.56% of GDP), the Philippines (28.49% of GDP), and Malaysia (24.66% of GDP).

For information, Indonesia's investment value in 2018 was Rp 721.3 trillion, comprising Foreign Direct Investment (FDI) of Rp 392.7 trillion and Domestic Direct Investment (DDI) of Rp 328.6 trillion.

(Read Databoks: Foreign Investment into Indonesia in 2018 Reaches Rp 9 Trillion)