Foreign direct investment into Indonesia slumped 9.2 percent year-on-year to IDR 98 trillion (USD 6.4 billion) in the March quarter of 2020, the lowest amount in 1-1/2 years, compared with a 6.4 percent growth in the previous period, as investors delayed business decisions due to ongoing COVID-19 pandemic. China, Hong Kong, Singapore and Japan were among the top sources of investment, with base metal, transportation and warehouse, utilities, and telecommunication were among the sectors taking beneficiaries. For this year, the country's investment board targets to attract IDR 886 trillion of investment, around 55 percent of which should 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. Indonesia Foreign Direct Investment - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Investment Coordinating Board of the Republic of Indonesia (BKPM)
Foreign Direct Investment in Indonesia is expected to be 97.00 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 105.00 IDR Trillion in 2021, according to our econometric models.