Foreign direct investment into Indonesia fell 0.9 percent from a year earlier to IDR 107.9 trillion in the first quarter of 2019, following a 11.6 percent slump in the previous period, on the back of high investment cost amid US-China trade conflicts and investor's position of "wait and see" for months ahead of the country's presidential election on April 17th. Sectors of transport, warehouse, electricity, gas, waters and property contributed the most to the flows of the FDI. The investment flowed the most from Singapore, followed by China. Foreign Direct Investment in Indonesia averaged 76.09 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 93.80 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 110.00 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.