Indonesia’s digital economy forecast at US$227 billion in 2030
The latest e-Conomy SEA estimate falls within the previous edition’s US$180 billion to US$340 billion range.
Google, Temasek and Bain Company project Indonesia’s digital economy will reach US$119 billion in 2026 before expanding to US$227 billion in 2030, according to their 2026 e-Conomy SEA report.
The 2025 edition had put the 2030 outlook between US$180 billion and US$340 billion. The latest report records a value of US$102 billion for 2025, while the edition published in 2020 had anticipated US$124 billion for that year.
The estimates use gross merchandise value, measuring transactions on digital platforms. The scope covers e-commerce, online travel agencies, on-demand businesses including ride-hailing, and fintech.
Online shopping is identified as the leading contributor to growth. The report estimates that activity in Indonesia could increase by 17 per cent a year until 2035, taking its value to US$362 billion.
For ride-hailing and food delivery, the projected annual growth rate is 10 per cent for each service through 2035. Online media’s gross merchandise value is forecast to increase by 11 per cent annually.
The report also anticipates continued rapid growth in online lending within fintech. It projects annual expansion of 20 per cent in outstanding loan balances through 2035, reaching US$80 million.
