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. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
RankNameIndustryRevenue
Profits
EmployeesHeadquartersType
1PertaminaOil and Gas75,7884,44140,415JakartaSOE
2Perusahaan Listrik NegaraUtilities32,0131,44651,245JakartaSOE
3Bank Rakyat IndonesiaBanking14,9173,94877,739JakartaSOE
4Bank MandiriBanking11,5153,61636,872JakartaSOE
5Telkom IndonesiaTelecommunications9,8011,61323,064JakartaSOE
6Gudang GaramTobacco7,81335025,961KediriPrivate
7Bank Central AsiaBanking7,3713,19525,486JakartaPrivate
8IndofoodFood7,33753581,367JakartaPrivate
9InalumAluminium7,0881,59910,422BatubaraSOE
10AlfamartRetail7,025224195,757TangerangPrivate
11Adaro EnergyCoal mining6,5181,64114,697TabalongPrivate
12Bank Negara IndonesiaBanking5,4481,37327,570JakartaSOE
13Pupuk Kalimantan TimurFertilizer5,2074077,441BontangSOE
14Dian Swastatika SentosaMining5,0154622,368JakartaPrivate
15ErajayaRetail3,950545,675JakartaPrivate
16Bayan ResourcesCoal mining3,5811,2393,819JakartaPrivate
17Indah Kiat Pulp & PaperPulp and paper3,47941211,000JakartaPrivate
18IndosatTelecommunications3,3652964,041JakartaPrivate
19Indika EnergyOil and gas equipment3,0271203,189JakartaPrivate
20Garuda IndonesiaAirline2,9372504,401JakartaSOE

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.
RankForbes
2000 rank
NameHeadquartersRevenue
Profit
Assets
Value
Industry
1308Bank Rakyat IndonesiaJakarta14.93.9125.546.5Banking
2373Bank MandiriJakarta11.63.6136.538.1Banking
3457Bank Central AsiaJakarta7.53.391.175.3Banking
4912Telkom IndonesiaBandung9.81.618.218.6Telecommunication
5944Bank Negara IndonesiaJakarta5.41.467.312.1Banking
61194Bayan ResourcesJakarta3.31.02.939.6Coal mining
71591Chandra Asri PetrochemicalJakarta2.10.05.449.3Oil and gas
81605Amman Mineral InternasionalJakarta2.00.39.946.6Mining
91738Adaro EnergyJakarta6.11.610.55.6Coal mining