Foreign direct investment (FDI) into Indonesia, excluding investment in banking and the oil & gas sectors, slowed sharply to 5.3 percent from a year earlier to IDR 184.4 trillion in Q4 of 2023 from a 16.2 percent surge in the previous three-month period. It marked the softest growth since Q3 of 2020, with investors still opting for a wait-and-see approach ahead of the general elections in February 2024. The largest recipient of the FDI was the base metal industry, followed by mining, warehousing and telecommunications, and pharmaceutical and pulp and paper. Singapore, China and Hong Kong were still the largest source of investment from overseas. FDI in Southeast Asia's biggest economy has been solid after the pandemic, particularly the investment from the mineral processing industry. Considering the whole year, the FDI was at IDR 744 trillion, an increase of 13.7 percent from 2022. source: Investment Coordinating Board of the Republic of Indonesia (BKPM)

Foreign Direct Investment YoY in Indonesia decreased to 5.30 percent in the fourth quarter of 2023 from 16.20 percent in the third quarter of 2023. Foreign Direct Investment YoY in Indonesia averaged 14.13 percent from 2011 until 2023, reaching an all time high of 63.60 percent in the third quarter of 2022 and a record low of -20.20 percent in the third quarter of 2018. This page includes a chart with historical data for Indonesia Foreign Direct Investment YoY. Indonesia Foreign Direct Investment YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-10-20 04:30 AM
Foreign Direct Investment YoY
Q3 16.2% 14.2%
2024-01-24 04:30 AM
Foreign Direct Investment YoY
Q4 5.3% 16.2%
2024-04-29 07:00 AM
Foreign Direct Investment YoY
Q1 5.3%


Related Last Previous Unit Reference
Balance of Trade 4473.10 833.50 USD Million Mar 2024
Capital Flows 9784.67 -65.61 USD Million Dec 2023
Crude Oil Production 605.00 585.00 BBL/D/1K Dec 2023
Current Account -1290.40 -1039.00 USD Million Dec 2023
Current Account to GDP -0.30 1.00 percent of GDP Dec 2023
Exports 22434.20 19273.70 USD Million Mar 2024
Exports by Category
Exports by Country
Exports YoY -4.19 -9.60 percent Mar 2024
External Debt 407106.66 394243.35 USD Million Dec 2023
Foreign Direct Investment 196.20 186.30 IDR Trillion Sep 2023
Foreign Direct Investment YoY 5.30 16.20 percent Dec 2023
Gold Reserves 78.57 78.57 Tonnes Dec 2023
Imports 17960.00 18440.20 USD Million Mar 2024
Imports by Category
Imports by Country
Imports YoY -12.76 15.84 percent Mar 2024
Remittances 3676.41 3597.12 USD Million Dec 2023
Terrorism Index 3.99 5.50 Points Dec 2023
Tourism Revenues 3530.58 4375.80 USD Million Dec 2023
Tourist Arrivals YoY 1036037.00 927746.00 Feb 2024
Weapons Sales 17.00 0.00 SIPRI TIV Million Dec 2021

Indonesia Foreign Direct Investment YoY
In Indonesia, Foreign Direct Investment refers to the flows of the foreign direct investments received from abroad. The FDI data does not include investment in banking and oil and gas sectors.
Actual Previous Highest Lowest Dates Unit Frequency
5.30 16.20 63.60 -20.20 2011 - 2023 percent Quarterly
NSA

News Stream
Indonesia Q4 FDI Grows the Least in 3 Years
Foreign direct investment (FDI) into Indonesia, excluding investment in banking and the oil & gas sectors, slowed sharply to 5.3 percent from a year earlier to IDR 184.4 trillion in Q4 of 2023 from a 16.2 percent surge in the previous three-month period. It marked the softest growth since Q3 of 2020, with investors still opting for a wait-and-see approach ahead of the general elections in February 2024. The largest recipient of the FDI was the base metal industry, followed by mining, warehousing and telecommunications, and pharmaceutical and pulp and paper. Singapore, China and Hong Kong were still the largest source of investment from overseas. FDI in Southeast Asia's biggest economy has been solid after the pandemic, particularly the investment from the mineral processing industry. Considering the whole year, the FDI was at IDR 744 trillion, an increase of 13.7 percent from 2022.
2024-01-24
Indonesia Q3 FDI Hits Record High
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.
2023-10-20
Indonesia Q2 FDI Grows the Least in 1-1/2 Years
Foreign direct investment (FDI) into Indonesia, excluding investment in banking and the oil and gas sectors, expanded by 14.2 percent year-on-year to IDR 186.3 trillion (USD 12.59 billion) in the June quarter of 2023. This was the softest increase in 1-1/2 years, coming after a 20.2 percent jump in the prior period, with investors opting for a wait-and-see approach ahead of general elections in February 2024. The largest recipient of the FDI was the base metal industry, followed by transportation, warehouse and telecommunications, and the chemical and pharmaceutical sectors. Among the biggest source of FDI were Singapore, China, Hong Kong, Japan, and Malaysia. The government for this year has set a target to draw IDR 1,400 trillion (USD 95.5 billion) of investment from domestic and foreign sources. Last year, the FDI jumped by 44 percent to IDR 654.4 trillion.
2023-07-21