Key information about Indonesia Policy Rate

• Indonesia cash rate (Policy Rate: Month End: Indonesia: BI-Rate) was set at 5.75 % pa in Feb 2025, compared with 5.75 % pa in the previous Jan 2025.
• Indonesia Policy Rate averaged 5.25 % pa and is updated monthly, available from Jun 2015 to Feb 2025.
• The data reached an all-time high of 6.25 % pa in Aug 2024 and a record low of 3.50 % pa in Jul 2022.

The Bank of Indonesia announced 7 Days Reverse Repo Rate as new policy rate effective August 19th, 2016. For Policy Rate prior to August 2016, please refer to the 1 Month Bank Indonesia Certificates Auction Rate. From 21 December 2023, Bank Indonesia will change the name of its policy rate to BI Rate, replacing the BI 7-Day Reverse Repo. The new name doesn't change the meaning or objectives of the BI-Rates as the monetary policy stance of Bank Indonesia, with operationalisation still referring to Bank Indonesia reverse repo transaction with a tenor of seven days. [COVID-19-IMPACT]


Related information about Indonesia Policy Rate

• In the latest reports, Indonesia Short Term Interest Rate: Month End: Indonesia: 3 Months Interbank was reported at 6.74 % pa in Jun 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Indonesia: Government Bond Yield: 10 Years) was reported at 6.93 % pa in Feb 2025.
• Indonesia Exchange Rate against USD averaged 14,932.00 (USD/IDR) in Jun 2023.
• Its Real Effective Exchange Rate was 111.62 in Jan 2025.

As of the first quarter of 2025, Bank Mandiri was the largest bank in Indonesia in terms of assets. Along with Bank Rakyat Indonesia (BRI), Bank Central Asia (BCA), and Bank Negara Indonesia (BNI), they were the only Indonesian banks with total assets exceeding *** quadrillion Indonesian rupiah. Banking sector in IndonesiaIndonesia’s banking sector has continuously been on the rise. The growth of the middle-class and overall population resulted in the ongoing development of the finance industry. As of March 2025, there were about ***** rural banks and *** commercial banks available. The market is regulated by the financial service authority, whereas the central bank of Indonesia, Bank Indonesia (BI), is responsible for foreign exchange supervision and payment systems. Digital banking services in Indonesia Indonesia is one of the most adaptable countries to digital banking services in the world. The majority of the rather young population are open to digital payment methods as well as digital consumption in general. Not surprisingly, the mobile wallet penetration increased over the past years, and almost reached ** percent in 2023. For traditional banks, this development could be perceived as a threat and an opportunity. The possibility of reaching customers without a physical presence could lead to an increase in clients. On the other hand, a lack of technological know-how and the slow implementation and enforcement of digital actions could allow smaller competitors to establish themselves in a more favorable position.

The USD/IDR exchange rate fell to 16,371.0000 on September 12, 2025, down 0.30% from the previous session. Over the past month, the Indonesian Rupiah has weakened 1.58%, and is down by 6.22% over the last 12 months. Indonesian Rupiah - values, historical data, forecasts and news - updated on September of 2025.

Key information about Indonesia External Debt: % of GDP

• Indonesia External Debt accounted for 30.4 % of the country's Nominal GDP in 2024, compared with the ratio of 29.8 % in the previous year.
• Indonesia External Debt: % of Nominal GDP data is updated yearly, available from Dec 2003 to Dec 2024.
• The data reached an all-time high of 58.3 % in Dec 2003 and a record low of 25.3 % in Dec 2011.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. Bank Indonesia provides External Debt in USD. Statistics Indonesia provides Nominal GDP in local currency based on SNA 2008. Bank Indonesia average market exchange rate is used for currency conversions. Nominal GDP prior to 2010 is based on SNA 1993.


Related information about Indonesia External Debt: % of GDP

• In the latest reports of Indonesia, Current Account recorded a deficit of 2.2 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 7.5 USD bn in Sep 2024.
• Indonesia Direct Investment Abroad expanded by 2.3 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 10.8 USD bn in Sep 2024.
• The country's External Debt reached 424,848.6 in Dec 2024.
• The country's Nominal GDP was reported at 332.8 USD bn in Mar 2023.

Indonesia: Unemployment rate: The latest value from 2024 is 3.3 percent, a decline from 3.31 percent in 2023. In comparison, the world average is 6.80 percent, based on data from 176 countries. Historically, the average for Indonesia from 1991 to 2024 is 5.01 percent. The minimum value, 2.62 percent, was reached in 1991 while the maximum of 8.06 percent was recorded in 2007.

The yield on Indonesia 10Y Bond Yield eased to 6.42% on September 11, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.02 points and is 0.17 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Indonesia 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The size of the Indonesia IT Services market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 12.35% during the forecast period.Indonesia IT Services Market Overview Indonesia is an exploding IT services market. The country has been adopting a lot of digital processes and, more importantly, demanding efficient solutions across all sectors. IT services range across software development, cloud computing, cybersecurity, data analytics, and IT consulting. All these services are required to smoothen the flow, increase productivity, and get ahead in the game of competition in the digital times. This is because several factors are causing a healthy expansion in the IT services market of Indonesia. First, the government push for digital transformation and ease of doing business provides a favorable environment for IT service providers. In addition, the growth of e-commerce and the fintech sector has provided further momentum to develop strong IT infrastructure and services. The growing adoption of cloud computing solutions has provided small, medium, and large businesses with opportunities for scalability and cost-effectiveness. However, awareness of cyber threats over the years has increased demand for IT security services. Conclusion Indonesia IT Services Market presents a great opportunity for local as well as international players, and as the country continues its journey into the digital world, the demand for IT services will continue to gain pace, turning out to be the strong economic driver and innovator. Recent developments include: March 2023: LanciaConsult, a management consulting firm, established its new office in Jakarta to be closer to the company's Indonesian partners and clients and look forward to serving the customers. The company's expansion in Indonesia is attributed to Indonesia being Southeast Asia's largest economy and Jakarta being one of the world's fastest-growing cities. The country also has a vibrant workforce, with many skilled professionals with expertise across various industries. The engagements of LanciaConsult include a technology maturity assessment and a state-owned pharmaceutical group project. The company wants to replicate its successful consulting service offerings to support growing Indonesian businesses in the fintech, supply chain, and real estate sectors., June 2022: Indosat Ooredoo Hutchison, a telecommunications provider in Indonesia, completed a joint venture (JV) agreement with PT Aplikanusa Lintasarta, an IT service management company, and BDX Asia Data Center Holdings Pte Ltd, a cloud solutions provider, to establish an enterprise and hyperscale data center business in Indonesia. IOH, Lintasarta, and BDx launched a JV company named PT Starone Mitra Telekomunikasi to scale up BDx Indonesia's business, making it a leading data center company in Indonesia. Their investment combines IOH's digital telecommunications capabilities, Lintasarta's experience as an ICT player, and BDx's data center expertise to provide best-in-class services in Indonesia.. Key drivers for this market are: Growing Emphasis on Leveraging the Core Competencies by Outsourcing Non-core Operations, Rising Digitalization Among Enterprises. Potential restraints include: High Dependence on External Sources to Balance the Skill Deficit, Lack of Updated Technology Infrastructure. Notable trends are: IT Consulting & Implementation to Propel the Market Demand.

In 2022, approximately 224 million people were accessing the internet in Indonesia. This figure is expected to grow to about 270 million by 2028.

Internet usage in Indonesia

With over 204 million internet users, Indonesia is one of the biggest online markets worldwide. As of July 2021, online penetration in the country stood at around 70 percent. Popular online activities included mobile messaging and social media. The most popular social network in Indonesia was Whatsapp, with around 89 percent of the online population using the platform. Mobile internet usage is undergoing double-digit growth rates and currently stands at over 64 percent among the population.

Internet freedom

Indonesia was listed as “partly free” in the Freedom on the Net index, which places the country ahead of less free Asian online markets such as China, Thailand or Malaysia but behind Japan, South Korea and the Philippines. This rating is due to blocked political and social content as well as various restrictions and violations of user rights, most notably through the governmental passing of the Law on Information and Electronic Transactions (ITE Law). The ITE law holds strong penalties such as prison sentences and high fines for anybody convicted of online defamation charges. This law has also been applied to blog posts and Facebook comments and has lead to self-censorship among online writers and internet users as well as an increasingly tense online atmosphere.

The statistic shows the growth in real GDP in Indonesia from between 2020 to 2024, with projections up until 2030. In 2024, Indonesia's real gross domestic product grew by around 5.03 percent compared to the previous year. Indonesia's economy on the rise Indonesia is a nation with a growing economy and a steadily increasing population. It is estimated that the total population in Indonesia will surpass 255 million inhabitants by 2016 and continue to grow fast. Indonesia reports the fourth-largest population worldwide, and it is also the fifteenth-largest country by total area. The country's biggest contributor to gross domestic product is the industry, with services close behind. In 2013, industry contributed more than 45 percent to Indonesia's gross domestic product in Indonesia. The economy in Indonesia has been on the rise over the past years, and Indonesia is slowly establishing itself as one of the world’s most powerful economic players. In 2014, Indonesia's gross domestic product (GDP) amounted to more than 856 billion U.S. dollars, that's higher than Saudi Arabia's GDP, for example. GDP is calculated by analyzing the volume and value of goods and services that a country can produce in a specific time period. Emerging markets and developing economies, such as Indonesia, make up around 57 percent of global gross domestic product. Another indicator of economic strength is GDP per capita, which helps to assess the quality of life in a country and the growth of the economy. GDP per capita in Indonesia has been estimated to almost quadruple in the time period between 2004 and 2014, indicating an increase in living standards.

In 2024, the average exchange rate from U.S. dollars to Indonesian rupiah amounted to approximately 16,162, meaning that one U.S. dollar could buy 16,162 Indonesian rupiah. During the surveyed period, the Indonesian rupiah exchange rate against the U.S. dollar fluctuated and tended to depreciate. Inflation in Indonesia Indonesia's inflation rate has risen in the past few months due to rising food prices and airfares. The annual inflation rate in June 2022 was the highest in the past few years. This value finally passed Indonesia's central bank's inflation target range for that year, between two and four percent. However, with the ongoing COVID-19 pandemic and the Ukraine-Russia war, the inflation rate increase in Indonesia is still relatively low compared to other countries, showing a strong economy. Balance of trade in Indonesia Following Russia's invasion of Ukraine, Indonesia has seen growth in trade, particularly for coal, palm oil, and minerals. Coal exports were briefly prohibited at the beginning of the year to secure domestic supplies, but they quickly resumed and reached record highs in March 2022. With this rising trade and steady development, Indonesia, the largest economy in Southeast Asia, is also expected to attract more foreign investment, lowering inflation and increasing the country's currency exchange rate.

Currency in Circulation by Denomination: Bank Notes: Rp50000 data was reported at 240,541.503 IDR bn in Mar 2025. This records an increase from the previous number of 199,105.834 IDR bn for Feb 2025. Currency in Circulation by Denomination: Bank Notes: Rp50000 data is updated monthly, averaging 164,588.899 IDR bn from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 240,541.503 IDR bn in Mar 2025 and a record low of 103,491.272 IDR bn in Mar 2011. Currency in Circulation by Denomination: Bank Notes: Rp50000 data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Monetary – Table ID.KAH001: Currency in Circulation.

The Indonesian data center market is experiencing robust growth, driven by the burgeoning digital economy, increasing cloud adoption, and the government's push for digital transformation. The market's substantial size, coupled with a high CAGR (let's assume a conservative 15% based on regional trends), indicates significant investment opportunities. Key growth drivers include the expanding e-commerce sector, the rising demand for digital services in the BFSI and government sectors, and the need for improved digital infrastructure to support Indonesia's large and rapidly growing population. The Greater Jakarta area serves as the primary hotspot, but expansion into other regions is accelerating as demand diversifies. While the market is dominated by larger data centers, the emergence of smaller, edge data centers caters to localized needs and reduces latency. The colocation market is witnessing a shift towards hyperscale providers meeting the needs of large cloud operators. However, challenges such as infrastructural limitations in certain regions and regulatory hurdles can somewhat constrain rapid expansion. Segmentation by Tier type, colocation model, and end-user type offers further granularity in understanding market dynamics and potential investment areas. The presence of both international players and local companies indicates a competitive yet expanding landscape. The forecast period (2025-2033) suggests continued market expansion, with a focus on meeting the growing demand for high-capacity and resilient data center infrastructure. Further growth will likely be fueled by increasing government initiatives promoting digital infrastructure development and the ongoing expansion of 5G networks. Strategic partnerships between international and local companies will be crucial in navigating the Indonesian market's unique challenges and capitalizing on its significant growth potential. Specific market segments to watch include the hyperscale colocation market and data centers located outside of Greater Jakarta, both of which are poised for exponential growth in the coming years. The ongoing development and improvement of supporting infrastructure, such as power grids and fiber optic networks, will act as a significant catalyst for market expansion. Recent developments include: September 2022: The company commenced construction on a 23MW data center in Jakarta, Indonesia, marking the company’s third site in South East Asia as it capitalizes on the region’s rapid digital transformation in the wake of the global pandemic.The new facility will offer 3,430 cabinets and an IT load of 23MW and is designed to cater for the growing demand for high power density applications from cloud-driven hyperscale deployments, local and international network and financial service providers. It is expected to complete by Q4 2023.August 2022: PT Sigma Cipta Caraka (SCA), also known as telkomsigma, transfers its data centre business to PT Telkom Data Ekosistem (TDE), which is worth a total of IDR 2.01 trillion. The parent company PT Telkom Indonesia (Persero) Tbk (TLKM), claimed that this transfer of the data centre business line is related to the business restructuring program held by Telkom Group.June 2022: The company announced the launch of BDx Indonesia, following the completion of a USD 300 million joint venture agreement with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH) and PT Aplikanusa Lintasarta, Big Data Exchange (BDx).. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Time series data for the data Real Gross Domestic Product - Components - Current Local Curreny Unit (CLU) for the country Indonesia. Indicator Definition:Real Private Sector Final Consumption Expenditure, Unadjusted, Domestic CurrencyThe indicator "Real Private Sector Final Consumption Expenditure, Unadjusted, Domestic Currency" stands at 7.06 Quadrillion Indonesian Rupiahs as of 3/31/2025, the highest value at least since 6/30/2009, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 4.99 percent compared to the value the year prior.The 1 year change in percent is 4.99.The 3 year change in percent is 15.88.The 5 year change in percent is 15.55.The 10 year change in percent is 46.98.The Serie's long term average value is 5.23 Quadrillion Indonesian Rupiahs. It's latest available value, on 3/31/2025, is 34.91 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/2009, to it's latest available value, on 3/31/2025, is +97.17%.The Serie's change in percent from it's maximum value, on 3/31/2025, to it's latest available value, on 3/31/2025, is 0.0%.Indicator Definition:Real General Government Final Consumption Expenditure, Unadjusted, Domestic CurrencyThe indicator "Real General Government Final Consumption Expenditure, Unadjusted, Domestic Currency" stands at 0.954 Quadrillion Indonesian Rupiahs as of 3/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 2.62 percent compared to the value the year prior.The 1 year change in percent is 2.62.The 3 year change in percent is 5.94.The 5 year change in percent is 10.68.The 10 year change in percent is 28.90.The Serie's long term average value is 0.776 Quadrillion Indonesian Rupiahs. It's latest available value, on 3/31/2025, is 22.89 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/2009, to it's latest available value, on 3/31/2025, is +74.81%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 3/31/2025, is -0.275%.Indicator Definition:Real Gross Fixed Capital Formation, Unadjusted, Domestic CurrencyThe indicator "Real Gross Fixed Capital Formation, Unadjusted, Domestic Currency" stands at 4.02 Quadrillion Indonesian Rupiahs as of 3/31/2025, the highest value at least since 6/30/2009, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 4.19 percent compared to the value the year prior.The 1 year change in percent is 4.19.The 3 year change in percent is 12.19.The 5 year change in percent is 11.34.The 10 year change in percent is 43.49.The Serie's long term average value is 3.03 Quadrillion Indonesian Rupiahs. It's latest available value, on 3/31/2025, is 32.58 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/2009, to it's latest available value, on 3/31/2025, is +105.96%.The Serie's change in percent from it's maximum value, on 3/31/2025, to it's latest available value, on 3/31/2025, is 0.0%.Indicator Definition:Real Changes in Inventories, Unadjusted, Domestic CurrencyThe indicator "Real Changes in Inventories, Unadjusted, Domestic Currency" stands at 0.2653 Quadrillion Indonesian Rupiahs as of 3/31/2025, the highest value at least since 6/30/2009, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.1337 Quadrillion Indonesian Rupiahs compared to the value the year prior.The 1 year change is 0.1337 Quadrillion Indonesian Rupiahs.The 3 year change is 0.2036 Quadrillion Indonesian Rupiahs.The 5 year change is 0.1463 Quadrillion Indonesian Rupiahs.The 10 year change is 0.1042 Quadrillion Indonesian Rupiahs.The Serie's long term average value is 0.122 Quadrillion Indonesian Rupiahs. It's latest available value, on 3/31/2025, is 0.143 Quadrillion Indonesian Rupiahs higher, compared to it's long term average value.The Serie's change in Indonesian Rupiahs from it's minimum value, on 9/30/2009, to it's latest available value, on 3/31/2025, is +0.293 Quadrillion.The Serie's change in Indonesian Rupiahs from it's maximum value, on 3/31/2025, to it's latest available value, on 3/31/2025, is 0.0 Quadrillion.Indicator Definition:Net Trade is defined as exports minus imports (measured in local currency units (LCU)).The indicator "Net Trade (Current LCU)" stands at 0.5395 Quadrillion Indonesian Rupiahs as of 3/31/2025, the highest value at least since 6/30/2009, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 4.51 percent compared to the value the year prior.The 1 year change in percent is 4.51.The 3 year change in percent is 51.36.The 5 year change in percent is ...

The average value of a credit card transaction in Indonesia is predicted to slightly increase between 2023 and 2028, by over one USD. This is according to one of several forecasts made by Statista covering the credit card market in Indonesia. The Asian country is one of the less mature countries in the world when it comes to credit card penetration. This is reflected with the value of credit card payments, making up over *** percent of the country's GDP. Credit cards were one of the country's least popular payment methods.

Abstract

Well-functioning financial systems serve a vital purpose, offering savings, credit, payment, and risk management products to people with a wide range of needs. Yet until now little had been known about the global reach of the financial sector - the extent of financial inclusion and the degree to which such groups as the poor, women, and youth are excluded from formal financial systems. Systematic indicators of the use of different financial services had been lacking for most economies.

The Global Financial Inclusion (Global Findex) database provides such indicators. This database contains the first round of Global Findex indicators, measuring how adults in more than 140 economies save, borrow, make payments, and manage risk. The data set can be used to track the effects of financial inclusion policies globally and develop a deeper and more nuanced understanding of how people around the world manage their day-to-day finances. By making it possible to identify segments of the population excluded from the formal financial sector, the data can help policy makers prioritize reforms and design new policies.

Geographic coverage

National Coverage.

Analysis unit

Individual

Universe

The target population is the civilian, non-institutionalized population 15 years and above. The sample is nationally representative.

Kind of data

Sample survey data [ssd]

Sampling procedure

The Global Findex indicators are drawn from survey data collected by Gallup, Inc. over the 2011 calendar year, covering more than 150,000 adults in 148 economies and representing about 97 percent of the world's population. Since 2005, Gallup has surveyed adults annually around the world, using a uniform methodology and randomly selected, nationally representative samples. The second round of Global Findex indicators was collected in 2014 and is forthcoming in 2015. The set of indicators will be collected again in 2017.

Surveys were conducted face-to-face in economies where landline telephone penetration is less than 80 percent, or where face-to-face interviewing is customary. The first stage of sampling is the identification of primary sampling units, consisting of clusters of households. The primary sampling units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used. Respondents are randomly selected within the selected households by means of the Kish grid.

Surveys were conducted by telephone in economies where landline telephone penetration is over 80 percent. The telephone surveys were conducted using random digit dialing or a nationally representative list of phone numbers. In selected countries where cell phone penetration is high, a dual sampling frame is used. Random respondent selection is achieved by using either the latest birthday or Kish grid method. At least three attempts are made to teach a person in each household, spread over different days and times of year.

The sample size in Indonesia was 1,000 individuals.

Mode of data collection

Face-to-face [f2f]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup, Inc. also provided valuable input. The questionnaire was piloted in over 20 countries using focus groups, cognitive interviews, and field testing. The questionnaire is available in 142 languages upon request.

Questions on insurance, mobile payments, and loan purposes were asked only in developing economies. The indicators on awareness and use of microfinance insitutions (MFIs) are not included in the public dataset. However, adults who report saving at an MFI are considered to have an account; this is reflected in the composite account indicator.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country- and indicator-specific standard errors, refer to the Annex and Country Table in Demirguc-Kunt, Asli and L. Klapper. 2012. "Measuring Financial Inclusion: The Global Findex." Policy Research Working Paper 6025, World Bank, Washington, D.C.

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

National coverage.

Analysis unit

Individuals

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Observation data/ratings [obs]

Sampling procedure

The indicators in the 2017 Global Findex database are drawn from survey data covering almost 150,000 people in 144 economies-representing more than 97 percent of the world’s population (see table A.1 of the Global Findex Database 2017 Report for a list of the economies included). The survey was carried out over the 2017 calendar year by Gallup, Inc., as part of its Gallup World Poll, which since 2005 has annually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 150 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. Interview procedure Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or where this is the customary methodology. In most economies the fieldwork is completed in two to four weeks.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used.

Respondents are randomly selected within the selected households. Each eligible household member is listed and the handheld survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer’s gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or household enumeration method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size was 1000.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in more than 140 languages upon request.

Questions on cash on delivery, saving using an informal savings club or person outside the family, domestic remittances, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar, and Jake Hess. 2018. The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Washington, DC: World Bank

Indonesia: Investment forecast: The latest value from 2030 is 31.39 percent, an increase from 31.31 percent in 2029. In comparison, the world average is 24.06 percent, based on data from 164 countries. Historically, the average for Indonesia from 1980 to 2030 is 32.53 percent. The minimum value, 13.64 percent, was reached in 1999 while the maximum of 44.36 percent was recorded in 1989.

Indonesia Interbank Call Money Rate: 1 Day data was reported at 5.595 % pa in Jul 2019. This records a decrease from the previous number of 5.773 % pa for Jun 2019. Indonesia Interbank Call Money Rate: 1 Day data is updated monthly, averaging 8.159 % pa from Feb 1989 (Median) to Jul 2019, with 366 observations. The data reached an all-time high of 81.010 % pa in Aug 1998 and a record low of 0.409 % pa in Jun 2005. Indonesia Interbank Call Money Rate: 1 Day data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.MC001: Interbank Call Money Rate.

This statistic shows the median age of the population in Indonesia from 1950 to 2100. The median age is the age that divides a population into two numerically equal groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population. In 2020, the median age of the Indonesian population was 29.1 years. Life in Indonesia The Republic of Indonesia is a sovereign state archipelago in Southeast Asia. Indonesia is made up of more than 17,000 islands, with the biggest three being Java, Sumatra and Borneo. In 2010, Indonesia reported a total population of around 238 million people, and it is estimated that this figure will increase to around 255 million inhabitants by 2015. The biggest cities in Indonesia are its capital Jakarta, Surabaya, and Bandung. Jakarta alone is home to more than 9.6 million inhabitants. Currently, there are more than 7 billion people in the world and Asia is the continent with the largest population. More than 4 billion people lived in Asia in mid-2014. Indonesia is the second most populous country in Asia, behind China and the fourth most populous nation in the world. As a result of an improving economy and better health and living conditions, life expectancy in Indonesia is steadily increasing - between 2002 and 2012, it increased by almost 3 years . Due of a decreasing fertility rate, Indonesian parents are able to more easily provide for their families and the population is still increasing and living longer. The average age of the population in Indonesia is estimated to be around 28.4 years in 2015.

In December 2024, the Indonesian e-commerce Shopee ranked first among the most clicked e-commerce sites in Indonesia, with around *** million clicks. This was followed by Tokopedia and Blibli. The rise of e-commerce in Indonesia E-commerce has been on the rise in Indonesia for a while now and is not expected to stop anytime soon. The archipelago stretches from the western end on Sumatra to the easternmost point in New Guinea over 17 thousand islands and well over five thousand kilometers. As a result, it is difficult for ordinary businesses to reach customers in remote areas. In addition to the on-going traffic issues in key cities like Java, online shopping solutions are a great way to succeed. Challenges for e-commerce players However, this does not mean that every e-commerce company is successful. It is rather important to adapt the service to the local market. For example, Bukalapak noticed that not everybody in Indonesia is online yet and therefore established close partnerships with small shops across the country. These little shops can be approached by inhabitants without an internet connection. For the people it is a possibility to have access to a variety of products and Bukalapak can generate money with clients who don’t even have internet access.