Jakarta. Foreign direct investment inflows into Indonesia totaled Rp 250 trillion (approx. $14.5 billion) in the first quarter of 2026, with government data showing that the top three sources remained unchanged.

Investment Minister Rosan Roeslani told a press briefing on Thursday that Indonesia was almost a quarter of the way through its annual target of around Rp 2 quadrillion (around $116 billion). The archipelagic country had amassed Rp 498.8 trillion ($28.8 billion) in combined investments from domestic and foreign investors in January-March. About 50.1% of that money came from foreign investors, mainly those based in Singapore. 

“Over the past 10 years, Singapore has always been the largest contributor to our FDI. In Q1, inflows from Singapore totaled more or less $4.6 billion, followed by Hong Kong at $2.7 billion and mainland China at $2.2 billion,” Rosan said.

However, the mainland China-Hong Kong group would total $4.9 billion in combined investments, thereby dethroning Singapore as Indonesia’s top international investor. The US is the fourth-largest FDI source at $1.3 billion, followed by Japan ($1 billion).

West Java was the most popular destination for foreign investors, amassing $3.1 billion in the first 3 months of 2026. Followed by Jakarta ($1.9 billion) and Central Sulawesi ($1.8 billion), the data showed.

Q1 investments from domestic investors totaled Rp 248.8 trillion, up 6% year-on-year.