Indonesia’s Capital Market Investors Surge 40 Percent

According to reporting from Jakarta Globe, the number of investors in Indonesia’s capital market rose to 17 million by the end of June 2025, up from 14.87 million at the end of 2024 and 12.17 million at the end of 2023, reflecting a 40 percent growth in just 18 months. Domestic retail investors continue to dominate, accounting for around 16.948 million of the total investors, as more Indonesians turn to the capital market for investment opportunities.

Indonesia’s investor base stands out in Southeast Asia, where Thailand has around 6 million retail investor accounts, Malaysia has over 5 million, and the Philippines recorded 2.86 million stock market accounts in 2024, with retail investors comprising the vast majority in each market.

Irvan Susandy, Director of Trading and Membership Regulation at the Indonesia Stock Exchange (IDX), said that an average of 179,000 investors actively trade daily in Indonesia, reflecting increased financial literacy and participation in capital market investment products.

“Based on ownership data, domestic investors now hold about 18.2 percent of total securities ownership on the IDX,” Irvan said during a media briefing in Jakarta on Monday (21/7/25.)

Jakarta Globe writes that although institutional investors, both domestic and foreign, still dominate overall securities ownership, the share held by retail investors has shown a promising upward trend. Before the Covid-19 pandemic, retail ownership stood at just 10.6 percent.

The growth in retail investor numbers aligns with their increasing contribution to trading activity. In the first half of 2025, domestic retail investors accounted for approximately 44 percent of the total transaction value on the IDX, maintaining their position as the largest contributors to daily trading activities in the Indonesian capital market.

Irvan attributed this achievement to the IDX’s strategy in building an inclusive and sustainable capital market ecosystem. The exchange has intensified educational initiatives to enhance public understanding and participation in capital market investments.

“We continue to push for massive education efforts, both offline and online, in collaboration with all stakeholders, including our representative offices across Indonesia, investment galleries, capital market ambassadors, and through social media,” Irvan said.

These education initiatives are not limited to major cities but also target communities in various regions to ensure equitable financial literacy, aiming to promote a more competitive and long-term oriented retail investor base, says Jakarta Globe.

Source: Jakarta Globe

Stock Image by Gerd Altmann from Pixabay

 

Latest Article
NIB Registration Surges to 14.6 Million as MSMEs Dominate
Indonesia continues strengthening its business landscape as NIB registration reaches 14.6 million. The...
Australia Boosts Commitments to Expand Investment in Indonesia
Investment in Indonesia is gaining stronger traction as Australia accelerates its efforts to channel...
Tourism in Bali Close to 7 Million Visits by Year-End 2025
Tourism in Bali continues to strengthen as the province heads toward the final quarter of 2025. The Central...
Indonesian Customs Overhaul Ordered Amid Rising Scandals
Finance Minister Purbaya Yudhi Sadewa declares a full reform of the Directorate General of Customs and...
Finance Minister Purbaya to Launch Business Complaint Service
Finance Minister Purbaya Yudhi Sadewa has announced a key initiative to improve Indonesia’s business...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Contact Our Consultants

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.