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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Indonesia Stock Exchange targets top 10 global status by 2030

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

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  • The Indonesian Stock Exchange (IDX) aims to rank among the world's top 10 exchanges by 2030.
  • Key targets include doubling market capitalization to Rp30,000 trillion and increasing daily transaction value to Rp31 trillion.
  • The IDX also plans to expand its listed companies and investor base significantly over the next four years.

The new board of directors at the Indonesian Stock Exchange (IDX) has unveiled ambitious plans to elevate Indonesia's capital market to the top 10 global exchanges within four years. A primary goal is to double the market capitalization from its 2025 target, reaching Rp30,000 trillion by 2030.

Jeffrey Hendrik, the newly appointed President Director of IDX, announced these targets during a hybrid press conference following the Annual General Meeting of Shareholders on Monday, June 29, 2026. Last year, Indonesia's market capitalization stood at Rp15,849 trillion. The IDX also aims for an average daily transaction value (ADTV) of Rp31 trillion, a substantial increase from the previous year's Rp18.1 trillion.

Further objectives include growing the number of listed companies to over 1,100, up from 956 in 2025. The investor base is projected to expand to 35 million by 2030, from 20.3 million last year. Additionally, the IDX targets a market capitalization to Gross Domestic Product (GDP) ratio exceeding 83 percent, compared to 66.5 percent in 2025.

The IDX recently appointed its new board of directors for the 2026-2030 term. Hendrik, who previously served as Acting President Director, expressed his vision: "Our goal for the Indonesian capital market or IDX in the future is to bring the Indonesian Stock Exchange into the top 10 among the 10 largest exchanges in the world."

Our goal for the Indonesian capital market or IDX in the future is to bring the Indonesian Stock Exchange into the top 10 among the 10 largest exchanges in the world.

โ€” Jeffrey HendrikPresident Director of IDX, outlining the exchange's future ambitions on June 29, 2026.
DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.