Director of the Digital Economy Center of Economic and Law Studies (Celios) Nailul Huda said that Indonesia’s digital economy has demonstrated robust growth since 2019, even in the face of financial challenges resulting from reduced venture capital investments in tech startups during 2021 and 2022, a period commonly dubbed as the “tech winter”. Google revised its projection for Indonesia’s digital economy in 2025 from US$146 billion to US$130 billion.
Source: Navigating ‘Tech Winter’, Indonesia’s Digital Economy Aims for $360 Billion by 2030