Indonesia: Building the Future, One Trade Restriction at a Time

Tholos Foundation ranks Indonesia 122nd out of 122 for trade openness. See how regulation is stifling growth and foreign investment.

Indonesia has officially earned the coveted spot of most trade-unfriendly nation on Earth. The Tholos Foundation’s 2025 International Trade Barrier Index didn’t mince words: out of 122 countries, Indonesia ranked 122nd. Not “developing economy with constraints.” Not “regional laggard.” Just last. And it doesn’t even come with an asterisk.

What makes this…