Singapore's Investment in Indonesia Falls by US$400 Million in 2021

Investment from Indonesia's "king of investors," Singapore, decreased in 2021.

The Indonesian Investment Coordinating Board (BKPM) reported that Foreign Direct Investment (FDI) from Singapore in 2021 reached US$9.4 billion, a 4.1% decrease from 2020.

Previously, investment from Singapore had recorded its highest increase in the early stages of the pandemic, reaching US$9.8 billion in 2020. This figure was up 50.8% from the 2019 investment of US$6.5 billion.

Total realized investment received by Indonesia throughout 2021 amounted to US$62 billion, or approximately Rp901 trillion. This value increased by 9% from the previous year's Rp826.3 trillion.

Indonesia's realized investment in 2021 was dominated by Domestic Direct Investment (PMDN) at Rp447 trillion, while FDI reached Rp454 trillion.

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