Indonesia is currently the world’s fourth most populous country (253,609,643 July 2014
est.)1 and one of the fastest growing economies. It is predicted to be in the top 5 largest
economies by 2025.2
The country is expected to become the largest automotive market in South East Asia.
With a market size of 1.2 million units in 2013, it is forecast to grow at a compound
annual growth rate (CAGR) of around 10% to reach 2.4 million units in 2020.
The total ASEAN automotive market in 2012 was 3.22 units so the Indonesian market is
a significant proportion of the total ASEAN region.