IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL INDONESIA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Jakarta

2016 2017 2018 2019 2020

1,917 2019 14.148 2019 266.91 2019 1,119.2 2019 13,996 2019

32

Exchange Rate (per $)

40

42

43

48

4

Population - market size (millions)

CHALLENGES IN 2020 Indonesian economy facing slowdown in the 1st semester; and expecting slow recovery in 2nd semester. • Indonesian economy facing slowdown in the 1st semester; and expecting slow recovery in 2nd semester. • A surge in unemployment and poverty rate due to economic uncertainties. • A downturn of export/import activities due to the decreasing of global demand/supply. • Government's unclear strategy for supporting small business due to lack of SMEs data mapping. • Potential of financial sector crisis caused by the increase of non- performing loans.

16

Gross Domestic Product (GDP) (US$ billions)

57

GDP (PPP) per capita (US$)

5.0 2019 2.82 2019 5.01 2019

5

Real GDP growth (%)

45

Consumer price inflation (%)

32

Unemployment rate (%)

133.95 2019 -2.72 2019 226.3 2018

4

Labor force (millions)

51

Current account balance (% of GDP)

25

Direct investment stocks inward ($bn)

Lembaga Management, FEB, Universitas Indonesia (LM FEB UI) NuPMK Consulting, Jakarta Provided by: Lembaga Management, FEB, Universitas Indonesia (LM FEB UI) NuPMK Consulting, Jakarta

2.18 2019

33

Direct investment flows inward (% of GDP)

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

4

6

11

15

22

23

27

33

38

38

42

42

44

47

47

50

50

53

56

58

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (29 countries)

11 11 2016 2017 2018 2019 2020 11

2016 2017 2018 2019 2020

14

12

16

17

17

21

13

77

IMD WORLD COMPETITIVENESS BOOKLET 2020