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Indonesia — Market Overview

Asia>Indonesia

🇮🇩 Indonesia

Indonesia often trades as one of Southeast Asia's clearest domestic-demand stories, but the market also remains sensitive to commodities, the rupiah, and whether foreign capital is comfortable with the rate and fiscal backdrop. Investors usually read Indonesia through household demand, commodity export support, and the credibility of monetary and fiscal stability in a high-carry emerging market.

Regional map

Key facts

Indonesia at a glance

Capital

Jakarta

Currency

Indonesian Rupiah (Rp)

Primary exchange

IDX

Central bank

Bank Indonesia

Region

Asia

Time zone

Asia/Jakarta

Country dashboard

Why this market matters

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Macro explorer

Switch variables, keep the country context

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

IDR 0IDR 2000TIDR 4000TIDR 6000T19901991199219931994199519961997199819992002200320082009
Click a year to zoom from that point.

Available variables

GDP

IDR 5606.2T
1Y trend+13.3%
Avg growth+33.1%

What This Signals

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Trade and external position

Exports, services, and external balance

Instead of a generic macro-card wall, this section focuses on how the country earns demand from abroad, where its trade edge sits, and how the external balance is evolving.

Total trade IndonesiaRp594.5B
Goods
Services
Goods
Services
ExportRp309.8B
Rp284.7BImport
External Balance2024
Exports +Rp309.8B
Imports -Rp284.7B
Balance+Rp25.1B
Rp309.8B
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Indonesia is capturing across both physical products and higher-value intangible flows.

Rp264.7B
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

Rp39.1B
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Indonesia is strongest in higher-margin, knowledge-intensive, and branded service activities.

Trade composition

What the country exports

Trade partners

Where the country trades

Commodity lens

Raw-material exposure

Trade openness42.6%

Trade in goods and services equaled 42.6% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Services share of exports12.6%

Services represented 12.6% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.

Manufactures share44.9%

Manufactures accounted for 44.9% of merchandise exports in 2024.

Fuel share20.8%

Fuel exports accounted for 20.8% of merchandise exports in 2024, useful for reading commodity exposure.

Food share19.8%

Food exports accounted for 19.8% of merchandise exports in 2024, adding context on agricultural exposure.

What to watch

Reading framework

01

domestic consumption

Indonesia should first be read through domestic consumption. When this regime shifts, local multiples and sector leadership usually shift with it.

02

commodity exports

Investors usually read Indonesia through household demand, commodity export support, and the credibility of monetary and fiscal stability in a high-carry emerging market. That makes commodity exports one of the most important signals for revising the country narrative.

03

macro stability

The final layer is macro stability, because it determines whether the macro backdrop turns into sustainable earnings support for the Jakarta Composite Index.

Other countries

Continue across Asia

Each card opens the same country template with its own map, switchable macro variables, and benchmark view. This is the first linked network of country pages across the region.