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Manufacturing sector in Indonesia - statistics & facts
Published by Mona Siahaan,
Sep 10, 2024
Over the last decades, the Indonesian government has prioritized the manufacturing sector to maximize its potential contribution to accelerated industrialization.
Today, this sector stands tall as Indonesia's largest GDP contributor and dominates the country's export landscape. Major industries such as food and beverages (F&B), coal and refined petroleum, chemicals, transportation, as well as metals and electronics, are the leading GDP contributors from manufacturing in Indonesia.
This sector also has created an extensive number of employment opportunities. With an ambition to become one of the largest economies globally by 2030, Indonesia's manufacturing sector promises boundless prospects and potential for its country and international partners.
Topic: Manufacturing sector in Indonesia
Discover all statistics and data on Manufacturing sector in Indonesia now on statista.com!
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Breakdown of GDP share Indonesia 2023, by sector
Published by Mona Siahaan, Oct 24, 2024In 2023, preliminary figures indicated that the manufacturing sector contributed approximately 18.67 percent of Indonesia's GDP, making it the largest contributor to the nation's economy. It was followed by the wholesale and retail trade and agricultural sectors. With its abundant resources, Indonesia ranks among the largest economies in the world.
Economic development in Indonesia
Indonesia’s GDP is expected to rise steadily until 2029, suggesting consistent economic growth. Resonating with this pattern, foreign direct investment in Indonesia has steadily increased over the past few years. However, the government still grapples with inflation rates and a budget deficit, with government revenue consistently lower than expenditure. Despite these challenges, Indonesia aims to become one of the top five largest economies globally by 2045.The manufacturing sector’s growth and investment
Over the years, Indonesia has become an increasingly attractive destination for investments due to its economic expansion and large labor force. As of 2023, the GDP growth rate for Indonesia’s manufacturing sector was projected to be nearly five percent. Across the various segments of the sector, the highest investment value came from basic metals manufacturing, demonstrating its important role in driving industrial growth.
Indonesia: GDP share by sector 2024| Statista
The manufacturing sector accounted for over 18 percent of Indonesia's GDP in 2024, making it the largest contributor to the country's economy.
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