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INDONESIA
BUSINESS
LANDSCAPE

OVERVIEW

1

st

world’s largest island country

and the largest country in

South-East Asia

270.2

million.

Indonesia is the 4th populous

country in the world

17,000

islands and its abundant natural and mineral resources

LARGE
MARKET

Huge population allows the foreign investments to conduct business in Indonesia

Image by Timon Studler

ECONOMY

Indonesia has made enormous gains in poverty reduction, cutting the poverty rate by more than half since 1999, to 9.78% in 2020

Since 2020, Indonesia’s economic planning follows a 20-year development plan segmented into 5-year medium-term

plans called RPJMN*

Prior to the COVID-19 crisis, Indonesia was able to maintain a consistent economic growth by reaching upper middle income status

Through the global market, Indonesia aims further in strengthening its economy by improving the human resources and national economic growth

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CLIMATE

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Almost the entire climate of Indonesia is tropical, not to mention largely hot and humid

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The big cities like Jakarta and Medan have

an average minimum temperature of 22.8°C and a high of 30.2°C

In daylight hours length from one season to next, Indonesia experiences relatively

slight changes

The dry season occurs between May and October, leaving November through

April occasionally wet

TIMEZONE

Zona waktu

Waktu Indonesia Barat

Waktu Indonesia Barat

UTC + 07: 00

Waktu Indonesia Tengah

Waktu Indonesia Tengah

UTC + 08: 00

London

British Summer Time

UTC+01:00

Waktu Indonesia Timur

Waktu Indonesia Timur

UTC + 09: 00