32.7% of Indonesian Startups Operate in the General Business Sector

Technology & Telecommunications

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Vika Azkiya Dihni 25/05/2022 12:40 WIB

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There are 1,190 startups in Indonesia. Of these, 32.7% are in the general business sector.

Percentage of Indonesian Startups by Industry

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32.7% of Indonesian Startups Operate in the General Business Sector

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Percentage of Indonesian Startups by Industry

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The Indonesian Creative Technology and Information and Communication Industry Association (MIKTI), in its book *Mapping & Database Startup Indonesia 2021*, reported the existence of 1,190 startups in Indonesia.

Of this number, 32.7% of startups fall into the general business category. Furthermore, 16.48% of startups operate in the content creator field.

Then, 14.59% of startups operate in the e-commerce sector, while 8.52% are in the fintech (financial technology) sector.

In addition, data from MIKTI shows that the majority of these startups are limited liability companies (PTs), accounting for 51.39%.

7.13% of startups have a commanditaire vennootschap (CV) business structure. Meanwhile, 29.1% are not yet registered as businesses, and the legal structure of another 12.38% is unknown.

(Also Read: Venture Capital Funding for Asian Startups Predicted to Shrink by 31%)

Editor : Annissa Mutia

"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."