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Quarterly Global Market Report Q4 2020

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85 November, 2020 Indonesia Global: 60 Availability: 59 Cost: 9 Regulation: 62 Productivity: 61 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 15) Region: 14 Availability: 13 Cost: 5 Regulation: 11 Productivity: 15 Remote Readiness 12 Remote Readiness 59 Borders are closed to foreign nationals except for specific circumstances including those with work business permits It is expected that some foreigners will be able to enter Indonesia for tourism before the end of the year. Arrivals are subject to a negative Covid-19 result and potential quarantine. Face coverings are compulsory in public. Schools are allowed to reopen from January. 2.7% 8.8% 0% 20% Indonesia Regional Ave. % of GDP Indonesia has spent over $29 billion USD in response to Covid-19. In addition to the healthcare spending, economic measures include: • Social assistance in the form of food and essentials, cash and electricity subsidies • Expanded unemployment benefits to include the informal sector • Tax relief for industries and individuals including corporate tax reductions • Subsidized housing • Cash subsidies for impacted industries and to stimulate economic recovery and growth https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Indonesia Q4 2019* Q4 2020* % Change YOY Total Workforce 134M 138M +3.2% Unemployment Rate (%) 5.3% 7.1% +34% Unemployed Workers 7.1M 9.8M +38% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/

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