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Indonesia’s Retail Investors Near 20 Million as Market Participation Surges

Rama Sukarta
November 11, 2025 | 11:43 pm
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Indonesian Central Securities Depository (KSEI) CEO Samsul Hidayat, left, greets B-Universe Media Holdings Executive Chairman Enggartiasto Lukita at his office in Jakarta, Tuesday, Nov. 11, 2025. (Rama Sukarta)
Indonesian Central Securities Depository (KSEI) CEO Samsul Hidayat, left, greets B-Universe Media Holdings Executive Chairman Enggartiasto Lukita at his office in Jakarta, Tuesday, Nov. 11, 2025. (Rama Sukarta)

Jakarta. The number of individual investors in Indonesia’s capital market is nearing 20 million, marking a 58 percent increase as of October 2025 compared to the same period last year, according to Indonesian Central Securities Depository (KSEI) President Director Samsul Hidayat.

Data from KSEI’s Single Investor Identification (SID) system show that 4.3 million new investors have joined this year, bringing the total to 19.15 million.

SID serves as a unique identity for each investor, containing personal data, securities account numbers, and other information consolidated on a single platform. The system enables centralized monitoring and prevents investors from holding multiple identities.

“We believe Indonesia’s capital market has a very promising future,” Samsul said in Jakarta. “We hope more Indonesians will take advantage of the market as a means to build long-term financial stability and investment opportunities.”

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He stressed the importance of collaboration between KSEI and the media industry to encourage wider public participation. “The media is one of our key partners in developing capital market activities, especially for KSEI,” Samsul said. “We rely on the media to help disseminate accurate and positive information to the public, which is essential to building trust in Indonesia’s capital market.”

Samsul expressed confidence that greater public trust would lead to continued growth in investor numbers and stronger market participation across the country.

He made the remarks after meeting with the management of B-Universe Media Holdings, led by Executive Chairman Enggartiasto Lukita. The media group publishes Investor Daily, one of Indonesia’s leading business newspapers, which regularly reports on capital market developments.

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