Indonesia’s Low Car Ownership: A Look at the Numbers

The Minister of Industry, Agus Gumiwang Kartasasmita, has highlighted the stark reality of Indonesia’s car ownership rate compared to its neighboring countries. Speaking at the Indonesia International Motor Show (IIMS) in Jakarta, Agus emphasized that Indonesia lags significantly in terms of car ownership.

Car Ownership Ratios: A Regional Comparison

According to Agus, Indonesia’s car ownership ratio stands at a mere 99 units per 1,000 people. This is dwarfed by nations like Malaysia, which boasts a ratio of 490 units per 1,000 people. Thailand follows closely with 275 units per 1,000 people.

Agus further illustrated the disparity by citing Singapore (211 units per 1,000 people), South Korea (530 units per 1,000 people), and Japan (670 units per 1,000 people). Australia, with a population smaller than others mentioned, also outpaces Indonesia, with a car ownership ratio of 776 units per 1,000 people.

A Call for Growth

Agus’s observations underscore the potential for growth in Indonesia’s automotive sector. While the country faces challenges, the low car ownership rate presents a significant opportunity for increased domestic market penetration.

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