In Q2 2024, Indonesia's FDI rose 16.6% YoY to IDR 217.3 trillion, driven by increased foreign interest in mining.
Foreign direct investment (FDI) increased 16.6% year-on-year in Q2 2024 in Indonesia, reaching IDR 217.3 trillion ($13.35 billion), indicating the nation's economic growth. Despite excluding financial sector and oil & gas investments, this figure reflects a rapid increase in foreign investor interest, particularly in the mining industry. Indonesia's ascent to the global economy's top 10 is seen as a matter of 'when' rather than 'if.'
July 29, 2024
3 Articles