INKUhub

WHY YOU SHOULD INVEST IN INDONESIA? GENERAL OVERVIEW: The Population Census (SP2020) in September 2020 recorded a population of 270.20 million people with more than 70% are in productive age. Indonesia's labor force participation rate reached an all-time high of 69.32 percent in 2019. The middle class is growing, every year, approximately 7 million people are expected to enter the middle class. The World Bank's 2020 Ease of Doing Business Index ranked Indonesia at 73 in 2019 from 190 countries. ECONOMY The Gross Domestic Product (GDP) reaching Rp. 15,434.2 trillion and the GDP per capita reaching Rp. 56.9 million or US $ 3,911.7.  Able to consistently maintain GDP growth at five percent before the onset of the COVID-19 pandemic. Indonesia's GDP is expected to rebound to 6% growth in 2021,  Prices of food commodities (palm oil & soybeans) and mining products (tin, iron ore, and copper) in the international market in Q4-2020 have increased both (q-to-q) and (y-on-y). The ...