Indonesia’s Investment Realization in 2024 Exceeds Target, Reaching $110 Billion

JAKARTA, investortrust.id – Indonesia attracted $110 billion in total investment throughout 2024, surpassing its target as both foreign and domestic investment saw strong growth. This milestone reflects the country’s increasing appeal to global investors, backed by policy reforms and industrial downstreaming initiatives.

Indonesia recorded total investment of Rp 1,714.2 trillion ($110 billion), exceeding the government’s target of Rp 1,650 trillion. The achievement represents a 20.8% increase from the previous year and surpasses the government’s strategic plan target of Rp 1,239.3 trillion by 138.3%, according to the Ministry of Investment and Downstreaming.

Minister of Investment and Downstreaming Rosan Perkasa Roeslani emphasized that this performance reflects stronger investment momentum than in previous years, when annual growth ranged between 12% and 13%.

Foreign and Domestic Investment Performance

Foreign direct investment contributed the largest share, reaching Rp 900.2 trillion, or 52.5% of total investment, reflecting a 21.0% year-on-year increase. Meanwhile, domestic direct investment amounted to Rp 814.0 trillion, or 47.5% of total investment, growing 20.6% year-on-year.

“The proportion between foreign and domestic investment remains relatively balanced,” Rosan stated during a press conference in Jakarta on Friday, Jan 31, 2025.

Employment Growth Surges

Investment growth in 2024 significantly contributed to employment, with 2,456,130 jobs created, marking a 34.7% year-on-year increase.

This strong investment performance highlights Indonesia’s growing appeal to global investors, driven by policy reforms, industrial downstreaming, and an improving business climate.