The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Indonesia  
Rank: 43 · Score: 57.8  

Basic facts, 2020        
Population (millions) 273.5   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 1,058.4   M&A volume (quartile) 3rd
GDP per capita (US$) 3,869.6   Venture capital investments (quartile) Top
GDP growth (per cent) -2.1   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 43 79, 81, 82, 81, 82 57.8
1 Economic Activity 8 114, 117, 117, 117, 117 89.2
2 Depth of Capital Market 21 98, 100, 96, 101, 104 76.3
3 Taxation 106 12, 27, 22, 20, 19 76.1
4 Investor Protection and Corporate Governance 92 47, 50, 34, 35, 33 54.7
5 Human and Social Environment 78 36, 36, 43, 41, 47 28.4
6 Entrepreneurial Opportunities 65 51, 53, 57, 60, 60 47.7


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Indonesia  
Asia
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
India 92.5 85.4 95.3 75.8 43.7 58.8
Thailand 86.2 77.0 95.3 75.0 30.3 65.2
Russian Federation 88.3 71.7 91.4 62.3 36.7 69.6
Indonesia 89.2 76.3 76.1 54.7 28.4 47.7
Vietnam 85.2 71.9 96.3 51.2 27.3 50.4
Philippines 84.5 70.7 96.0 49.3 29.3 42.2
Kazakhstan 79.2 53.5 88.8 80.3 28.7 45.7
Last updated: 21 Jun 2021