Indonesia vs Japan
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: Japan ranks higher
Japan scores 82/100 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
62
Economic strength
Japan leads
80
48
Political stability
Japan leads
88
55
Business climate
Japan leads
85
58
Financial maturity
Japan leads
72
72
Growth outlook
Indonesia leads
55
Macro snapshot
1,320
GDP (USD bn)
-2910.0 bn
4,230
5.0%
GDP growth (%)
+4.0 pp
1.0%
$4,800
GDP per capita (USD)
-29200.0
$34,000
3.0%
Inflation (%)
+0.3 pp
2.7%
1.8%
FDI (% of GDP)
+1.0 pp
0.8%
39%
Public debt (% of GDP)
-216.0 pp
255%
278
Population (M)
+154.0M
124
Indonesia — strong sectors
- Mining & Resources10.0% of GDP78
- Digital Economy5.0% of GDP75
- Palm Oil4.0% of GDP72
- Manufacturing19.0% of GDP68
Japan — strong sectors
- Technology8.0% of GDP88
- Automotive5.0% of GDP85
- Manufacturing20.0% of GDP82
- Financial Services6.0% of GDP78
Frequently asked
Which is better for investment: Indonesia or Japan?
Our composite investment index gives Indonesia a score of 58/100 and Japan a score of 82/100. Japan ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Indonesia a safer market than Japan?
Risk classification puts Indonesia as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Japan as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: Indonesia or Japan?
Indonesia is currently growing at 5.0% per year, vs 1.0% for Japan. Indonesia has the faster headline growth rate today.