List of largest companies in Indonesia

This article lists the largest companies in Indonesia in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2024 Fortune list

This list displays the top 20 Indonesian companies in the Fortune Southeast Asia 500, which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and reflect the fiscal year 2023.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Name Industry Revenue
(USD millions)
Profits
(USD millions)
Employees Headquarters Type
1 Pertamina Oil and Gas 75,788 4,441 40,415 Jakarta SOE
2 Perusahaan Listrik Negara Utilities 32,013 1,446 51,245 Jakarta SOE
3 Bank Rakyat Indonesia Banking 14,917 3,948 77,739 Jakarta SOE
4 Bank Mandiri Banking 11,515 3,616 36,872 Jakarta SOE
5 Telkom Indonesia Telecommunications 9,801 1,613 23,064 Jakarta SOE
6 Gudang Garam Tobacco 7,813 350 25,961 Kediri Private
7 Bank Central Asia Banking 7,371 3,195 25,486 Jakarta Private
8 Indofood Food 7,337 535 81,367 Jakarta Private
9 Inalum Aluminium 7,088 1,599 10,422 Batubara SOE
10 Alfamart Retail 7,025 224 195,757 Tangerang Private
11 Adaro Energy Coal mining 6,518 1,641 14,697 Tabalong Private
12 Bank Negara Indonesia Banking 5,448 1,373 27,570 Jakarta SOE
13 Pupuk Kalimantan Timur Fertilizer 5,207 407 7,441 Bontang SOE
14 Dian Swastatika Sentosa Mining 5,015 462 2,368 Jakarta Private
15 Erajaya Retail 3,950 54 5,675 Jakarta Private
16 Bayan Resources Coal mining 3,581 1,239 3,819 Jakarta Private
17 Indah Kiat Pulp & Paper Pulp and paper 3,479 412 11,000 Jakarta Private
18 Indosat Telecommunications 3,365 296 4,041 Jakarta Private
19 Indika Energy Oil and gas equipment 3,027 120 3,189 Jakarta Private
20 Garuda Indonesia Airline 2,937 250 4,401 Jakarta SOE

2024 Forbes list

This table reflects the Forbes Global 2000 list, which ranks the world's 2,000 largest publicly traded companies. "The Global 2000" list is assembled based on factors including revenue, net profit, total assets and market value; each element is assigned a weighted rank in terms of importance when assessing the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of U.S. dollars, for the year 2023. All nine Indonesian companies listed on "The Global 2000" are included in the table below.[2]

Rank Forbes
2000 rank
Name Headquarters Revenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
1 308 Bank Rakyat Indonesia Jakarta 14.9 3.9 125.5 46.5 Banking
2 373 Bank Mandiri Jakarta 11.6 3.6 136.5 38.1 Banking
3 457 Bank Central Asia Jakarta 7.5 3.3 91.1 75.3 Banking
4 912 Telkom Indonesia Bandung 9.8 1.6 18.2 18.6 Telecommunication
5 944 Bank Negara Indonesia Jakarta 5.4 1.4 67.3 12.1 Banking
6 1194 Bayan Resources Jakarta 3.3 1.0 2.9 39.6 Coal mining
7 1591 Chandra Asri Petrochemical Jakarta 2.1 0.0 5.4 49.3 Oil and gas
8 1605 Amman Mineral Internasional Jakarta 2.0 0.3 9.9 46.6 Mining
9 1738 Adaro Energy Jakarta 6.1 1.6 10.5 5.6 Coal mining

See also

References

  1. ^ "Global 500". Fortune. Retrieved 2019-07-25.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2021-05-19.