The Indonesian government highlights the rapid development of digital technology, emphasizing its role in facilitating everyday information access and transactions. This is particularly evident in the escalating online shopping transactions through e-commerce platforms, substantiating the growth of Indonesia's digital economy. During the Indonesia Digital Summit 2023 on Tuesday (28/11/2023), Finance Minister Sri Mulyani remarked on the exponential growth and opportunities presented by the digital economy. She noted a sharp increase in its value. The projected value of Indonesia's digital economy is estimated to reach USD 82 billion or approximately IDR 1,262.8 trillion in 2023, maintaining its dominance in Southeast Asia. The digital economy in Indonesia has shown significant growth since 2021, reaching USD 76 billion in 2022, a 20% increase from 2021's USD 63 billion. The projection anticipates a further 8% growth in Indonesia's digital economy to USD 82 billion in 2023, followed by USD 109 billion in 2025 and a substantial increase to USD 360 billion in 2030.
Within the digital economy, the e-commerce sector is anticipated to contribute USD 62 billion in 2023, constituting 75.6% of the total digital economy, up 7% from 2022's USD 58 billion. The projection for 2025 estimates e-commerce to reach USD 82 billion. Apart from e-commerce, other sectors contributing to Indonesia's digital economy include transportation and online food delivery. The taxi and ride-hailing sector is projected to have a value of USD 7 billion in 2023. Looking ahead, digital technology is expected to create new job opportunities while rendering some existing jobs obsolete. Therefore, the workforce needs to acquire new skills to cope with digitalization. "Training and re-training are invaluable. Kartu Prakerja [Pre-Employment Card] is one of our breakthroughs to bridge this. It may not be perfect, but it's a step towards acknowledging workforce disruptions in the market," remarked Minister Sri Mulyani, underscoring the importance of adapting to the evolving job landscape through continuous learning and upskilling initiatives.
