Indonesia Investimento diretto all estero (IDE)

Foreign direct investment (FDI) into Indonesia, excluding investment in banking and the oil and gas sectors, increased by 16.2 percent year-on-year to a record peak of IDR 196.2 trillion (USD 12.38 billion) in Q3 of 2023. The latest result followed a 14.2 percent growth in Q2, coming ahead of a general election in February 2024. The largest recipient of the FDI was the base metal industry, followed by chemical and pharmaceuticals, and mining. Singapore, China, and Hong Kong were the largest sources of investment from overseas. FDI in Southeast Asia's biggest economy has been strong in recent years as it draws investment from the mineral processing industry. For this year, Jakarta has set a target to attract IDR 1,400 trillion of investment from domestic and foreign sources. In 2022, the FDI surged 44 percent to IDR 654.4 trillion.