Record Foreign Investment Influx into Indonesia in 2023

Throughout 2023, Indonesia received approximately US$50.27 billion in foreign direct investment (FDI) realization.

This figure is recorded on the website of the National Single Window for Investment belonging to the Investment Coordinating Board (BKPM).

The data on the BKPM website does not yet reflect all investment activities within the country.

This is because the data does not yet include capital market investments, household investments, and investments whose permits are issued by technical institutions, such as investments in the oil and gas, banking, non-bank financial institutions, insurance, and leasing sectors.

Although incomplete, the value of foreign investment recorded by the BKPM in 2023 was very large, breaking a new record high, as shown in the graph.

In 2023, the majority of foreign investment flowed into the Basic Metal Industry, Metal Goods, Non-Machinery, and Equipment.

The following is a breakdown of foreign investment realization in 2023 by sector as recorded by the BKPM, ordered from highest to lowest:

1. Basic Metal Industry, Metal Goods, Non-Machinery and Equipment: US$11.79 billion
2. Transportation, Warehousing and Telecommunications: US$5.61 billion
3. Chemical and Pharmaceutical Industry: US$4.80 billion
4. Mining: US$4.71 billion
5. Paper and Printing Industry: US$3.43 billion
6. Electricity, Gas and Water: US$2.74 billion
7. Housing, Industrial Estates and Offices: US$2.57 billion
8. Food Industry: US$2.26 billion
9. Motor Vehicle and Other Transportation Equipment Industry: US$2.05 billion
10. Food Crops, Plantations, and Livestock: US$1.95 billion
11. Other Services: US$1.83 billion
12. Machinery, Electronics, Medical Instruments, Electrical Equipment, Precision, Optics and Clock Industry: US$1.48 billion
13. Trade and Repair: US$943.80 million
14. Hotels and Restaurants: US$811.14 million
15. Leather Goods and Footwear Industry: US$782.47 million
16. Rubber and Plastic Industry: US$575.82 million
17. Non-Metallic Mineral Industry: US$523.38 million
18. Textile Industry: US$457.54 million
19. Other Industries: US$382.49 million
20. Construction: US$281.78 million
21. Wood Industry: US$157.78 million
22. Forestry: US$95.99 million
23. Fisheries: US$25.73 million