Insight: MSME Landscape in Indonesia | Hopemity Consulting

FINANCE | JUNE 2024

Understanding the MSME Landscape in Indonesia (2024)

A simple guide to the foundation of Indonesia's economy: the opportunities, key numbers, and how to navigate common business challenges for MSMEs.

By Hopemity Research Team 4 min read

Micro, Small, and Medium Enterprises (MSMEs) are the true engine of Indonesia's growth. They are not just small businesses; they are the biggest job creators and essential drivers of the national economy. In **2024**, this sector continues to show incredible strength and potential.

At **Hopemity Consulting**, we focus on helping these enterprises move from simply surviving to truly thriving by simplifying the complex areas of finance, tax, and company establishment.

MSME at a Glance: Key 2024 Facts

To understand the importance of MSMEs, here are the key figures that highlight their impact and reach:

65M+

Total MSME Companies

~61%

Gross Revenue (GDP Share)

60%

Concentrated on Java

These numbers show why supporting MSMEs is vital for Indonesia’s future. The potential for growth is enormous, but many owners need clear guidance on financial management and legal setup.

The Biggest Growth Opportunities

The market is expanding fast, especially through technology. Going digital is no longer optional—it's how MSMEs reach new customers far beyond their local area. Our consultants help businesses find the best ways to use digital tools for sales, operations, and better financial planning.

Key Challenges We Solve

MSME owners often struggle with two main problems that stop their growth:

  1. Getting Investment Ready: Banks and investors need clear, organized financial reports. We use our **Corporate Finance** expertise to help you structure your company and reports so you look professional and ready for investment.
  2. Handling Tax Rules: Tax regulations can be confusing and lead to costly mistakes. Our **Tax Consulting** team focuses on keeping you fully compliant while finding simple, legal ways to save money and maximize your working capital.

"We believe that a well-structured MSME isn't just compliant; it's inherently more profitable and attractive to investors. Our Hopemity approach is about building that solid foundation."

Are you an MSME ready to grow? Let's discuss a clear strategy to reach your full potential. Schedule a consultation with our team.