Indonesia's Entrepreneurship Ranking is Second Lowest in ASEAN

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Dwi Hadya Jayani 04/10/2019 11:46 WIB
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Southeast Asia Entrepreneurship Index 2018
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According to the *US News and World Report*'s 2019 *Best Countries* report, Indonesia and the Philippines ranked second to last in the entrepreneurship dimension in 2018. Both Indonesia and the Philippines scored 0.7 out of 10. A higher score indicates a stronger entrepreneurial climate. Globally, Indonesia ranked 50th out of 80 surveyed countries.

Indonesia's low entrepreneurship ranking is due to low scores across all indicators, all below 2 out of 10. Several indicators received particularly low scores: a sound legal framework (0.3) and technological expertise (0.5). Indonesia's highest score was 1.8 for its global connectivity.

The survey polled 21,000 respondents from five regions: the Americas, Asia, Europe, the Middle East, and Africa, spanning 80 countries globally, including seven ASEAN countries.

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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