The beauty and personal care market in Indonesia stood at nearly $7 billion in 2020 according to Statista, and is estimated to grow to approximately $9.6 billion by 2025. Hair care is the largest ...

The report, Policies to Support the Development of Indonesia's Manufacturing Sector during 2020–2024, analyzes Indonesia's growth prospects for 2020–2024, particularly whether it can attain growth rates of 7% and above. It further discusses ways Indonesia's manufacturing sector could diversify and upgrade, …

Indonesia - Trade, Agriculture, Manufacturing: Indonesia has played a modest role in the world economy since the mid-20th century, and its importance has been considerably less than its size, resources, and geographic position would seem to warrant. The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the …

We still see international economic factors (trade and investment) as potential sources of weakening of Indonesia's economy. Our growth projection for Indonesia in 2023 stays at 4.8%. This number is in the range of Bank Indonesia's projection of 4.5% - 5.3%, and lower than the Ministry of Finance's latest projection range of 5.1% - 5.7%.

Economy. April 26, 2022 Periods of rapid technological progress also tend to deliver significant economic growth. Indeed, the Ministry of Finance predicts that Indonesia's economy could gain as much $2.8 trillion by 2040 through technology adoption, adding 0.55 percentage points to GDP growth annually between 2020 and 2040.

For most of the past two decades, Indonesia's annual GDP growth rates have fluctuated around 5 percent, reaching as high as 6.3 percent in 2007 before drifting back to 5 percent in 2019. The COVID-19 pandemic hit the economy hard, however, and in January 2021, Oxford Economics estimated the economy would contract by 2.2 percent …

Geography - note. note 1: according to Indonesia's National Coordinating Agency for Survey and Mapping, the total number of islands in the archipelago is 13,466, of which 922 are permanently inhabited (Indonesia is the world's largest country comprised solely of islands); the country straddles the equator and occupies a strategic location …

The industry also gained significant momentum during the coronavirus (COVID-19) pandemic owing to an increase in demand for pharmaceutical products. In 2021, the pharmaceutical market in Indonesia ...

Pelaku industri dapat memiliki gambaran terbaru mengenai prospek 20 industri paling hot di tahun 2023. Riset ini dilakukan pada 5-18 Februari 2023 terhadap 620 responden kelompok kelas menengah atas. Survei dilakukan di 6 kota besar yaitu Jabodetabek, Surabaya, Semarang, Medan, Makasar, Balikpapan. FREE DOWNLOAD E-BOOK.

moving toward Industry 4.0, but many of them face difficulties in capturing the business impact and scaling up use cases. Low internet connectivity at mine sites, limited awareness of digital ecosystems, relatively few local reference cases, and a lack of digital skills also challenge success rates in Indonesia's mining industry.

Indonesia's president, who took office in 2014, has wielded the country's nickel deposits — the largest in the world — to upgrade a domestic mineral processing industry and bring in ...

4. Mining. Indonesia is a frontline player within the global mining industry, well-known for its production of coal, gold, tin, copper, and nickel – to name a few. Indonesia's mining sector is going towards the direction of becoming one of the leading sectors in the country. To support further growth in the Indonesian mining market, the ...

Indonesia's President, Joko Widodo (popularly known as "Jokowi"), has made the nickel and battery industries the centerpiece of his plans for Indonesia's economic development. In his November 2023 visit to the White House, it was the top agenda item in his talks with U.S. President Joe Biden.

Over the medium term, the 2020-24 Plan aims at achieving GDP growth between 5.4% and 6%, with the long-term goal of making Indonesia a developed country by 2045 – the centenary of Independence. Educational attainment has improved considerably in the past two decades, but COVID-19 has increased the risk of absenteeism and drop-out.

JAKARTA, INDONESIA (6 April 2022) — Indonesia's economy is expected to grow by 5.0% in 2022 and 5.2% in 2023 as domestic demand continues to recover, according to a report by the Asian Development Bank (ADB) …

Largest Indonesian Companies in the Industrial sector by Market Cap. This is the list of the largest public listed companies in the Industrial sector from Indonesia by market capitalization with links to their reference stock and industry.

The major industry sectors in Indonesia are as follows: Agriculture: With 42.1% of the total labor force engaged in agriculture, Indonesia can be rightly considered an agrarian economy. The sector contributed 14.4% to the country's GDP in 2009. Indonesia's agricultural sector can be categorized into food crops, non-food crops, …

Indonesia's manufacturing industry is the strongest component of its economic productivity. As of the third quarter of 2022, the sector contributed 16.1%of the country's GDP. Additionally, for the whole year of 2022, total investments into the country's manufacturing sector grew by 52% from the previous year – taking in about Rp 497.7 ...

Indonesia's manufacturing sector has historically played a key role in the country's economic development and now contributes to 20 percent of GDP. ... The specific industry can generate added value to the local economy; The proposed UMSP must be higher than the provincial minimum wage (usually by 5 percent and above); ...

A decade ago Indonesia earned the unwelcome label of being among the so-called "Fragile Five" emerging markets, economies highly vulnerable to capital outflows and a currency slump whenever global ...

In 2018, Indonesia initiated the Making Indonesia 4.0 program, aimed at revitalizing the manufacturing industry through the adoption of Industrial Revolution 4.0. This initiative provides great potential for the country to increase labor productivity, boost global competitiveness, and increase its share of the global export market.

Indonesia Industry Outlook merupakan konferensi pertama dan terbesar yang menghadirkan brand-brand asli Indonesia yang memenuhi kriteria Creative & Innovative. IIO2021. IIO2023. IIO2022. The Conference.

How can Indonesia become the world's seventh-largest economy by 2030? This report suggests ten powerful ideas focused on resilience, innovation, and enabling, based on changes brought by …

Learn about Indonesia's economy, trade, and investment opportunities from the U.S. Department of Commerce. Find out how the country's policies, …

National finances. ASEAN country comparison. Gross domestic product (GDP) per capita in Indonesia 2028. Total population of Indonesia 2028. Life expectancy at birth in Indonesia 2021, by gender ...

Indonesia - Services, Economy, Culture: Services constitute a major segment of the Indonesian economy, generating more than one-third of GDP. Tourism in particular has emerged as a major source of income, although the industry's growth suffered setbacks with the Asian economic crisis in 1997–98 and with multiple terrorist attacks and the …

According to the World Bank's October 2023 economic report, Indonesia's economic growth is underpinned by a pick-up in private consumption and positive terms-of-trade. GDP growth is projected at 5.0 …

Bank Indonesia cut its policy rate five times in 2020 and then again in February 2021, by 150 basis points in total, while quantitative easing and a range of macro-prudential measures were activated to increase liquidity. …

With a population approaching 300 million and an economy expected to be one of the world's most powerful by 2045, Indonesia is uniquely positioned to drive sustainable, inclusive growth and disrupt carbon dependency at a global scale. The Indonesian government and private sector have set clear decarbonization targets to …

Learn about the role, contribution and growth of the manufacturing sector in Indonesia, the largest GDP contributor and exporter in the country. Explore data on food and beverage, chemicals, metals, electronics and other industries.

Indonesia Issues New Tax Incentives to Spur EV Production and Sales. March 15, 2024 • ASEAN Briefing • Neutral. Indonesia's Ministry of Finance issued new tax incentives to spur electric vehicle production and sales in the country. The incentives include a removal of the luxury tax on EVs for 2024, the waiver of import tax until 2025, and ...

The textile industry accounted for 6.12% of the GDP of Indonesia's manufacturing sector in 2021 or 1.04% of the total GDP. With a GDP of US$1.19 trillion in 2021, the industry reached a value of US$12.3 billion. The majority of Indonesia's total textile and garment production is to supply international demand, with 70% of the output …

Among the major industries in Indonesia, agriculture, forestry, and fishing hold a prominent position. This sector includes the cultivation of crops, livestock, and fish, contributing 12.40% to the GDP and employing a substantial workforce. (read: Top 10 Agriculture Companies in Indonesia) Also read: Palm Oil Industry in Indonesia: …

Indonesia is the largest pharmaceutical market in Southeast Asia and is expected to expand to over US$11 billion in 2025 from US$7.6 billion in 2020. However, the industry is still highly dependent on the import of raw materials—some 90 percent of the pharmaceutical raw material supply.

First is Indonesia's limited military budget. For at least the last two decades, the annual defense budget has remained below 1 percent of the Gross Domestic Product (GDP), when it should be at ...

Indonesia's Manufacturing: A Firm-Level Perspective; Indonesia's Reform Packages, Incentives to the Manufacturing Sector, and Industry 4.0; Constraints to Firm Growth: Evidence from Indonesian Manufacturing Firms; Developments in Indonesia's Participation in Global Value Chains; Complexity, Global Value Chain Participation, and Upgrading ...

With one of the highest net interest margins (NIM) in the world, the Indonesian banking industry is now one of the most profitable among ASEAN countries. The GDP of financial and insurance ...

Indonesia's defence industry players include state-owned enterprises and private companies. Their businesses range from producing main equipment and components, supplying raw material to ...

The report covers Indonesia's economic performance, outlook, and policy highlights in Q1 and Q2 2023. It shows that Indonesia's growth remains strong amidst global challenges, …

To meet EV demand, industry turns to technology long deemed hazardous. Indonesia is richly endowed with nickel, but refining this crucial mineral poses a daunting environmental challenge. Dust and ...