ID1page WCY 2024

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Indonesia

Competitiveness Trends – Overall

OVERALL PERFORMANCE (67 countries) BASIC FACTS Rank


2020 2021 2022 2023 2024
Capital Jakarta
2023
Land area (square km '000) 1,917
27 2023
40 37 34 Exchange rate (per $) 15.237
44 Population - market size (millions) 277.43
2023
04
2023
Gross Domestic Product (GDP) (US$ billions) 1,371.2 15
2023
CHALLENGES IN 2024 GDP (PPP) per capita (US$) 15,829 60
• Showing a clear direction of our macroeconomic policy Real GDP growth (%) 5.1
2023
06
(whether it is expansionary or contractionary). 2023
• Ensuring continuation of bureaucracy reform. Consumer price inflation (%) 3.71 20
• Clarifying state spending priorities. 2023
38
Unemployment rate (%) 5.32
• Strengthening legal infrastructure to deal with corruption.
2023
• Enhancing new sources of economic growth and Labor force (millions) 147.71 04
employment opportunities through increased productivity 2023
Current account balance (% of GDP) -0.11 42
and innovation.
2022
Direct investment stocks inward ($bn) 262.9 25
2022
Direct investment flows inward (% of GDP) 1.67 42

PROVIDED BY: Lembaga Management, FEB, Universitas


Indonesia (LM FEB UI), Jakarta and NuPMK Consulting,
Jakarta

COMPETITIVENESS LANDSCAPE
Economic Performance Government Efficiency Business Efficiency Infrastructure

Technological Infrastructure
International Investment

Productivity & Efficiency


Institutional Framework

Management Practices

Scientific Infrastructure

Health & Environment


Business Legislation

Societal Framework
Domestic Economy

Basic Infrastructure
International Trade

Attitudes & Values


Public Finance

Labor Market
Employment

Tax Policy

Education
Finance
Prices

2
10 12 12 10 12
18
25 25 22
32 30 32
36
42 39 45
50
57
61

PEER GROUPS RANKINGS


ASIA - PACIFIC (14 countries) POPULATIONS > 20 MILLION (30 countries)

2020 2021 2022 2023 2024 2020 2021 2022 2023 2024

10 8 10
11 11 12 13
16 15
18
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 overall performance 2024


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 key attractiveness indicators
 strengths and weaknesses
 all 336 statistics

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