In 2019 Indonesia's GDP increased by 7.7% to pass the 1.1 trillion dollars mark, or 79 billion more than in 2018, according to the IMF.
2020 Investment Grade rating given by all three major ratings agencies:
There is huge domestic demand, with Indonesia having a population of 270.000.000+ and a growing and highly mobile middle class
ali is universally recognised as a top travel destination in South East Asia.
Bali recorded more than 6.3 million tourists in 2019, an increase of more than 6.5% compared to 2018.
In 2017 Bali was named global winner of TripAdvisor’s Traveler’s Choice Awards, which identifies the best destinations in the world.
There are also 17.7 Million Indonesian tourists who transited through Bali in 2019. Bali is preparing to receive more than 37 million tourists by 2026.
Due to its unique location and developed infrastructure, Canggu is popular with both tourists and expats.
With an A+ Market Grade (AirDNA Stats 2019), and the International Airport so accessible (30-45 minutes drive) along with over 3.5 km of coast line filled up with beach clubs and surfing spots, Canggu is a major tourist destination.
The rice paddies, Balinese temples and greenery give Canggu a natural, spiritual feel, and Canggu retains its charm with moderate building density and low traffic.
Canggu hosts hundreds of restaurants, cafes, bars, supermarkets, stores, hospitals, schools and other vital infrastructure, thoroughly modern and yet still thoroughly Balinese.