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Google says Indonesia's digital economy will be worth $124.1b by 2025

Jakarta Globe - February 18, 2020

Antara, Jakarta – Google Indonesia predicts the country's digital economy will be worth around Rp1.7 quadrillion or $124.1b by 2025, more than triple the Rp 548.2 trillion it recorded in 2020.

"Right now, Indonesia's digital economy has become the largest in Southeast Asia," Google Indonesia managing director Randy Jusuf said at the "Grow With Google" launch at the National Library in Jakarta on Tuesday.

Randy said the digital economy now is not just the domain of startups, thousands of Indonesian traditional businesses in agriculture, manufacturing, retail and other industries have also established a strong digital presence.

"Of course, all of this requires adequate digital skills," he said.

According to a new report by strategy consulting firm AlphaBeta, workers with digital skills have the potential to contribute more than Rp 4 trillion to Indonesia's gross domestic product (GDP) by 2030.

Randy is confident Indonesia would be able to realize this potential by improving the quality of its workforce.

The Grow With Google initiative was first pitched last November at the Google for Indonesia event.

It has now become a global initiative aimed at creating more opportunities for small businesses and speeding up the development of the digital economy in Indonesia.

Google has set five pillars for the program to improve the small businesses' ability to face challenges in an increasingly advanced digital economy.

These five pillars are business owners, job seekers, developers and startups, teachers and students as well as creators and journalists.

Google involves all of them in training programs designed to help them to use digital technology as a means of improving the economy.

Source: https://jakartaglobe.id/tech/google-says-indonesias-digital-economy-will-be-worth-1241b-by-202