Mining Indonesia 2023 Jakarta International Expo Construction in figures 2023 is a compilation of national and international construction data. the data contained in this publication comes from statistics indonesia (bps), ministries institutions agencies, and international institutions. Find the most relevant and recent facts about the construction industry in indonesia.
Indonesia Construction Market Update 2024 Leadmanager Formerly Bci Unlock data backed intelligence on indonesia construction market, size at usd 280 billion in 2023, featuring industry trends and growth opportunities supported through major players. Indonesia’s construction sector is the country’s fifth largest industry by economic contribution, and constituted approximately 10% of gdp in 2023 after experiencing 4.9% growth that year. The indonesia construction sector analysis shows a market in recovery—and on the rise. in 2023, the construction market is projected to reach idr 332.95 trillion. Private sector investment in construction reached idr 550 trillion (usd 38.6 billion) in 2023, representing 78% of total industry investment. in 2023, the construction sector employed 13.1 million workers, representing 10.1% of total national employment.
Construction Indonesia 2026 Jakarta International Construction The indonesia construction sector analysis shows a market in recovery—and on the rise. in 2023, the construction market is projected to reach idr 332.95 trillion. Private sector investment in construction reached idr 550 trillion (usd 38.6 billion) in 2023, representing 78% of total industry investment. in 2023, the construction sector employed 13.1 million workers, representing 10.1% of total national employment. In 2023, crif projects a slight increase in the growth of the construction sector, at around 2.52% year on year. this condition is influenced by the increasing number of infrastructure projects that were previously hindered by the covid 19 pandemic in the past three years. Read our industry insights on: the projection of construction in indonesia in 2023 and challenges in the post pandemic era. The construction sector is the fifth largest contributor to indonesia’s gdp, reaching 9,92 percent in 2023 which is closely related to employment, investment, number of infrastructure and building projects as well as other economic sectors. In 2023, the indonesia construction market size is estimated at usd 264 billion. according to the publisher's forecast, the indonesia construction market size is estimated at usd 283 billion in 2024 and is expected to reach usd 529.1 billion in 2033, growing at a cagr of 7.2% from 2024 to 2023.
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