Foreign direct investment in Indonesia (excluding investment in banking and the oil and gas sectors) jumped 9.6 percent year-on-year to IDR 104.9 trillion (USD 6.99 billion) in the June quarter of 2019, compared to a 0.9 percent fall in the previous quarter. It marked the first increase in foreign direct investment since the first quarter 2018. Singapore was the biggest source of investment, followed by Japan and China, while transportation, telecommunication, and base metal sectors were the biggest beneficiaries. Foreign Direct Investment in Indonesia averaged 75.53 IDR Trillion from 2010 until 2019, reaching an all time high of 112 IDR Trillion in the fourth quarter of 2017 and a record low of 35.40 IDR Trillion in the first quarter of 2010.
Foreign Direct Investment in Indonesia is expected to be 98.00 IDR Trillion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Direct Investment in Indonesia to stand at 100.00 in 12 months time. In the long-term, the Indonesia Foreign Direct Investment is projected to trend around 98.80 IDR Trillion in 2020, according to our econometric models.