India vs Indonesia
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: India ranks higher
India scores 61/100 on our composite investment index, ahead of Indonesia at 58/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
65
Economic strength
India leads
62
48
Political stability
48
58
Business climate
India leads
55
55
Financial maturity
Indonesia leads
58
90
Growth outlook
India leads
72
Macro snapshot
3,730
GDP (USD bn)
+2410.0 bn
1,320
6.8%
GDP growth (%)
+1.8 pp
5.0%
$2,600
GDP per capita (USD)
-2200.0
$4,800
4.8%
Inflation (%)
+1.8 pp
3.0%
1.6%
FDI (% of GDP)
-0.2 pp
1.8%
82%
Public debt (% of GDP)
+43.0 pp
39%
1,440
Population (M)
+1162.0M
278
India — strong sectors
- Technology (IT Services)8.0% of GDP95
- Financial Services6.0% of GDP82
- Pharmaceuticals2.0% of GDP80
- Manufacturing13.0% of GDP70
Indonesia — strong sectors
- Mining & Resources10.0% of GDP78
- Digital Economy5.0% of GDP75
- Palm Oil4.0% of GDP72
- Manufacturing19.0% of GDP68
Frequently asked
Which is better for investment: India or Indonesia?
Our composite investment index gives India a score of 61/100 and Indonesia a score of 58/100. India ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is India a safer market than Indonesia?
Risk classification puts India as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Indonesia as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: India or Indonesia?
India is currently growing at 6.8% per year, vs 5.0% for Indonesia. India has the faster headline growth rate today.