2024 AlixPartners Indonesia Leadership Forum: Keys To Unlock Full Growth Potential

We recently hosted the inaugural Indonesia Leadership Forum in Jakarta, where we brought together an eclectic mix of business leaders from diverse industries, to discuss how dominant parts of Indonesian industry can pivot from a commodity-centric model to a higher value product or services business.

Indonesia's growth potential

Indonesia GDP has been growing at 3.1% CAGR over the last five years amidst the weakening global economy. To sustain and accelerate growth, the new government has launched five priority initiatives to strengthen the rupiah and assure quality in commodities and infrastructure.

While Indonesia's GDP growth is slightly below ASEAN (ex-Indonesia)'s 4.7% , China's 4.9%, and India's 7.2%, Indonesia is riding strong tailwinds into 2025 (Figure 2).