In 2023, a country ranking that estimates crypto adoption based on transaction volume placed Indonesia in the top ten of the world. Indonesia ranked seventh in the world when it comes to retail value received from DeFi protocols or consumers who were buying certain DeFi protocols. In comparison, Indonesia was in the 14th place based on its P2P exchange trade volume. Peer-to-peer (P2P) crypto exchanges are a type of crypto exchange that let users trade cryptocurrencies with one another without the influence of a mediator, such as banks or other regulatory bodies.
Cryptocurrency adoption index ranking in Indonesia in 2023, by metric
Characteristic
Rank of individual weighted metrics feeding into index
Ranking (1 = highest, 146 = lowest); Weighted by purchasing power parity (PPP) per capita
Supplementary notes
The source explains that its index is calculated using five different sub-indices, which are estimated using an individual country's cryptocurrency transaction volume in different situations. These estimates are based off web traffic patterns from individual websites that are used for such transactions and/or protocols.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Chainalysis. (September 12, 2023). Cryptocurrency adoption index ranking in Indonesia in 2023, by metric [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis. "Cryptocurrency adoption index ranking in Indonesia in 2023, by metric." Chart. September 12, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis. (2023). Cryptocurrency adoption index ranking in Indonesia in 2023, by metric. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis. "Cryptocurrency Adoption Index Ranking in Indonesia in 2023, by Metric." Statista, Statista Inc., 12 Sep 2023, https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis, Cryptocurrency adoption index ranking in Indonesia in 2023, by metric Statista, https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/ (last visited December 21, 2024)
Cryptocurrency adoption index ranking in Indonesia in 2023, by metric [Graph], Chainalysis, September 12, 2023. [Online]. Available: https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/