- Indonesia: Total Investment expanded nearly 30% YoY in Q1 – UOB
Market news
4 May 2022
Indonesia: Total Investment expanded nearly 30% YoY in Q1 – UOB
UOB Group’s Economist Enrico Tanuwidjaja comments on the latest Total Investment figures in the Indonesian economy.
Key Takeaways
“Indonesia’s total investment rose by 28.5% y/y to IDR 282.4tn in 1Q22, aided by a pick-up in foreign investment.”
“Investments outside of Java Island accounted for 52.7% of the total investment in 1Q22.”
“The investments added 319,013 jobs in 1Q22.”
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page