Indonesia's Competitiveness Is Better Than Turkey's, Brazil's, or Argentina's

Indonesia's competitiveness, compared to other developing countries, lags significantly behind South Korea, Malaysia, and China. However, it performs better than peer developing countries such as Turkey, Brazil, and Argentina.

Indonesia's 2018 Global Competitiveness Index (GCI) score was 64.94 out of 100, ranking 45th out of 140 surveyed countries. This represents a two-place improvement from its previous ranking of 47th out of 135 countries. Indonesia ranks 5th out of 11 developing countries, as shown in the graph below. Indonesia's GCI lags 13.9 points behind South Korea but is 3.34 points higher than Turkey, which ranks 8th.

Indonesia's institutional competitiveness score is 57.9 out of 100, ranking 48th out of 140 countries. Its infrastructure competitiveness score is 66.8, ranking 71st; its ICT adoption competitiveness score is 61.1, ranking 50th; and its macroeconomic stability index is 89.7, ranking 51st.