Services Competitiveness for Growth and Jobs in Indonesia

Indonesia’s services sector presents significant opportunities to accelerate economic growth, job creation and investment, yet its potential remains constrained by regulatory barriers and limited competitiveness. An assessment of the sector examines its contribution to the economy, restrictions affecting services trade and investment, and potential reforms to strengthen key industries, particularly information and communication technology and transport. Targeted reforms could increase GDP by 1.4% over the medium to long term. Greater regulatory openness, improved investment conditions and stronger productivity will be essential to unlocking the sector’s potential and supporting Indonesia’s transition towards a high-income economy.

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