Forecasting of Indonesian Digital Economy based on Available New Start-up

Abstract

Since the last 5 years, digital economy is growing steadily in Indonesia. Right now, the digital economy faces some potential problems and Covid-19 pandemic. This paper presents current data of the national Gross Domestic Product (GDP) and other GDPs (billion IDR) and the number of start-up, and predicts near some categories of future GDP and numbers of available new start-up for the next few years. The forecast will use Markov chain analysis. The results indicate that, while there are problems faced by the digital economy industry, the GDP and numbers of start-up are significantly increasing.