FDI into Indonesia surged by 15.5% YoY to a record USD 12.59 bln in Q1 of 2024, marking a significant acceleration from the 5.3% growth in the previous quarter. This boost follows the general elections in February 2024. Overall, the nation saw IDR 401.5 trillion in combined foreign and domestic investments during this period, a 22.1% increase from the previous year, contributing to the creation of 540,000 jobs.