IMD World Competitiveness Booklet 2022

Competitiveness Country Profiles

Indonesia Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Jakarta

1,917 2021 14.308 2021

32

Exchange Rate (per $)

37

40

43

44

Population - market size (millions) 272.25 2021 04 Gross Domestic Product (GDP) (US$ billions) 1,186.1 2021 15 GDP (PPP) per capita (US$) 13,099 2021 58 Real GDP growth (%) 3.7 2021 50 Consumer price inflation (%) 1.56 2021 11 Unemployment rate (%) 6.49 2021 38 Labor force (millions) 140.15 2021 04 Current account balance (% of GDP) 0.28 2021 30 Direct investment stocks inward ($bn) 240.5 2020 28 Direct investment flows inward (% of GDP) 1.81 2020 29

CHALLENGES IN 2022

• Setting priority development strategies in the post- pandemic era. • Supervising the financial sector to play a more active role in credit growth. • Encouraging effective implementation of regulations that create competitiveness. • Strengthening policy in the health and education sectors as future sources of competitiveness. • Focusing on ways to solve issues in telecommunications and renewable energy.

PROVIDED BY: Lembaga Management, FEB, Universitas Indonesia (LM FEB UI) NuPMK Consulting, Jakarta

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

2

8

13

24 19

26

29

32

36

38

44

48 47 43 51

49 51

51

59 58

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

11

11

11

11

12

14

14

16

17

17

77

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