Indonesia

Impact of Globalization

Michael Wijaya (19016055)

Lorenza Kirana (19016091)
An overview of Indonesian’s current
Consumer Market
 Fastest Economic increase in G20 (Santoso et al., 2018)
 GDP Growth 3.5-7% w/ STDev. 0.7 (Santoso et al., 2018)
 268M + Population, number 4th behind US (3.48% of world population)  BPS
data
 30% Financial Literacy (2017)  Tempo
 36% Internet Penetration (2018)  Statista
Increasing Trend of Indonesian
Performance

The largest exports consisting of energy (Coal, oil, gas, petroleum)

Increasing Foreign Direct Investment to
Indonesia
“Used” to be an agricultural country

Urbanization is high ‘56%’ in 2016! Indicates a shifting in population mindset

about urbanization, whilst most agricultural activities are mainly distributed in
rural area.
An Unprecedented Transformation on
Indonesia’s sectoral Composition from
Agriculture to Retail
Indonesia’s Traditional Market Remained Apex
in the Retail Sector, but soon to be
overshadowed by modern retail
With room to improve in the technological
and financial sector, traditional retail’s
shares might soon be depleted or turned into
modern retail

 30% Financial Literacy

(2017)
 36% Internet Penetration
(2018)