With a GDP value of US$846 trillion in 2011, Indonesia has over 626 UHNWIs, and we forecasts this number to reach 1,408 by 2016. Jakarta is home to the largest portion of Indonesia’s UHNWIs (55%), followed Bali (35 UHNWIs), Surabaya (23 UHNWIs), Bandung (20 UHNWIs) and Medan (18 UHNWIs).
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Surabaya and Medan have, in fact, been the top-performing cities for UHNWIs in terms of volume growth between 2007 and 2011. The high number in Bali is surprising considering it is mainly a resort area. A common trend, however, among Indonesia’s UNWIs is to move to Singapore. View more data or Buy full report
