Indonesia PESTLE Insights - A Macroeconomic Outlook Report

Indonesia PESTLE Insights - A Macroeconomic Outlook Report

Summary

Mining, manufacturing, and utilities activities contributed 33.1% to Indonesia’s gross value added (GVA) in 2022, followed by wholesale, retail, and hotel activities (16.0%), and agricultural activities (13.0%). In nominal terms, the three sectors are forecast to grow by 7.5%, 7.4%, and 7.4%, respectively, in 2023.

Five major provinces in Indonesia generated around 55.4% of the country’s GDP and housed 55.6% of the country’s population in 2022.

The JCI index has been exhibiting a volatile trend. As of October 4, 2023, the index stood at 6,960.7, compared to 7,072.3 on October 4, 2022.

Scope

• As part of the 2023 State Budget, the government increased its allocation to infrastructure development by 7.8%, from IDR363.8 trillion ($23.8 billion) in 2022 to IDR392 trillion ($25.8 billion) in 2023.

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.