FX.co ★ Indonesia Sees a Surge in Foreign Direct Investment, Hitting 16.60% in July 2024

Indonesia has witnessed a remarkable increase in Foreign Direct Investment (FDI), with the latest indicator reaching 16.60% as of July 29, 2024. This marks a significant rise from the previous measurement of 15.50% recorded in the first quarter of 2024.

The year-over-year comparison shows that the current FDI growth is substantially higher than the same period last year, reflecting investors' growing confidence in Indonesia's economic potential. The previous YoY comparison also indicated an upward trend, albeit from a lower base of the preceding month.

This boost in FDI highlights Indonesia's continued appeal to global investors, driven by strategic economic reforms and robust market opportunities. Analysts predict that sustained efforts in improving the investment climate could propel further growth in the coming quarters.