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INDONESIA
BUSINESS
LANDSCAPE

OVERVIEW

1

st

largest country in Southeast Asia

270,2

Indonesia is the 4th most

populous country in the world

million.

17,000

islands and its abundant natural resources.

Huge population is a

LARGE MARKET

which allows 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

As World Bank recited, Indonesia’s economic planning follows a 20-year development plan, spanning from 2005 to 2025 and segmented into 5-year medium-term plans, called the RPJMN (Rencana Pembangunan Jangka Menengah Nasional) each with different development priorities

Prior to the COVID-19 crisis, Indonesia

was able to maintain a consistent

economic growth

The goal is to aim further in strengthening Indonesia’s economy by improving the human resources and national economic growth through the global market

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CLIMATE

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Almost the entire climate of Indonesia is tropical.

Temperatures on land remain fairly constant, with the coastal plains averaging 28 °C, the inland and mountain areas averaging 26 °C, and the higher mountain regions, 23 °C

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

Indonesia has two seasons of rainy and dry, though there is significant regional variation, rain is November to March and dry is April to October, both of which are relative

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