Editing Economy of Indonesia (section)

===Foreign Direct Investment (FDI)===
Indonesia's foreign direct investment surged 44.2% on a yearly basis in 2022, with the base metals sector drawing in the biggest inflows. Indonesia's received 654.4 trillion rupiah worth of FDI last year, or equivalent to $45.6 billion in the investment ministry's official calculation, which assumes an exchange rate of 14,350 to the dollar. The data excludes investment in the banking and oil and gas sectors. Foreign direct investment in base metals and mining reached $11 billion and $5.1 billion, respectively, last year, the biggest recipients of FDI. The biggest sources were Singapore, China and Hong Kong. Total investment, including from domestic sources, reached 1,207.2 trillion rupiah ($81.02 billion), roughly in line with the government's target. FDI in the final quarter of last year was up 43.3% on an annual basis, amounting to 175.2 trillion rupiah in rupiah terms, or $12.2 billion in the official U.S. dollar equivalent.<ref>{{Cite news |title=Indonesia's FDI jumps in 2022, led by mineral processing |url=https://www.reuters.com/markets/asia/indonesias-fdi-jumps-2022-led-by-mineral-processing-2023-01-24/ |access-date=2023-05-14 |website=reuters |date=24 January 2023 |language=en |last1=Sulaiman |first1=Stefanno |last2=Suroyo |first2=Gayatri }}</ref>

List of the 10 largest foreign investment origin countries in Indonesia :

{| class="wikitable" style="text-align:right;"
! Rank !! Country !! FDI 2022<ref>{{Cite web |title=10 Negara Asal Investasi Asing Terbesar di Indonesia Tahun 2022 |url=https://databoks.katadata.co.id/datapublish/2023/01/10/10-negara-asal-investasi-asing-terbesar-di-indonesia-tahun-2022 |access-date=2023-05-14 |website=katadata |language=id}}</ref> <br> in billion USD !! FDI 2024<ref>{{Cite web |title=10 Negara Investor Terbesar Bagi Indonesia |url=https://www.ajnn.net/ |access-date=2025-02-03 |website=ajnn.net |language=id}}</ref> <br> in billion USD !! increase
|-
| 1 || style="text-align:left;" | {{flag|Singapore}} || $10.54 || $20.04 || {{increase}} 90.13%
|-
| 2 || style="text-align:left;" | {{flag|Hong Kong}} || $3.91 || $8.22 || {{increase}} 110.23%
|-
| 3 || style="text-align:left;" | {{flag|China}} || $5.18 || $8.11 || {{increase}} 56.56%
|-
| 4 || style="text-align:left;" | {{flag|Malaysia}} || $2.21 || $4.24 || {{increase}} 91.86%
|-
| 5 || style="text-align:left;" | {{flag|USA}} || $2.12 || $3.70 || {{increase}} 74.53%
|-
| 6 || style="text-align:left;" | {{flag|Japan}} || $2.76 || $3.46 || {{increase}} 25.36%
|-
| 7 || style="text-align:left;" | {{flag|South Korea}} || $1.66 || $2.99 || {{increase}} 80.12%
|-
| 8 || style="text-align:left;" | {{flag|Netherlands}} || $1.09 || $1.98 || {{increase}} 81.65%
|-
| 9 || style="text-align:left;" | {{flag|British Virgin Islands}} || -<ref group="n" name="Bermuda-THM"/> || $0.78 || {{new}}
|-
| 10 || style="text-align:left;" | {{flag|UK}} || $0.51 || $0.75 || {{increase}} 47.06%
|-
|}

Foreign direct investment into Indonesia (excluding investment in banking and the oil and gas sectors) increased 20.2 percent year-on-year to a new record peak of IDR 177 trillion (US$11.96 billion) in the Q1 of 2023, amid efforts by the government to ease business and licensing rules. Singapore (US$4.3 billion) was the biggest source of investment, followed by Hong Kong (US$1.5 billion), China (US$1.2 billion), and Japan (US$1 billion) while base metals were the biggest recipient amid efforts to boost investment in processed minerals. In total, Indonesia recorded IDR 328.9 trillion of foreign and domestic investment during the first quarter, up 16.5 percent from a year earlier, boosted by a rise in investment in base metals, transportation, and the mining sector. For 2023, the government has set a target to draw IDR 1,400 trillion (US$95.5 billion) of investment from domestic and foreign sources.<ref>{{Cite web |title=Indonesia Attracts Rp 328.9 Trillion Investment in Q1-2023 |url=https://jakartaglobe.id/business/indonesia-attracts-rp-3289-trillion-investment-in-q12023 |access-date=2023-05-14 |website=jakartaglobe |language=en}}</ref>