Foreign direct investment into Indonesia increased 6.4 percent year-on-year to IDR 105.3 trillion, or USD 7 billion, in the fourth quarter of 2019, following a 17.8 percent jump in the previous three-month period. China, Hong Kong and Singapore were the top sources of investment, while base metal, utilities and mining sectors were the biggest beneficiaries. For the whole of 2019, there was IDR 423.1 trillion of FDI into the country, equivalent to USD 28.2 billion, or 87.5 percent of the full-year target. Singapore and China were the biggest sources of FDI, with utilities, warehousing, transport, communication and base metals receiving the largest amounts. The Investment Coordinating Board's target for 2020 is to attract IDR 886 trillion of investment, around 55 percent of which would be from foreign companies.
Foreign Direct Investment in Indonesia averaged 78.27 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. This page provides - Indonesia Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Investment Coordinating Board of the Republic of Indonesia (BKPM)
Foreign Direct Investment in Indonesia is expected to be 110.00 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 98.80 in 12 months time. In the long-term, the Indonesia Foreign Direct Investment is projected to trend around 98.80 IDR Trillion in 2021, according to our econometric models.