Jakarta Composite’s Ups and Downs Through Indonesia’s Political Shifts After the Reformation

This chart shows how the Indonesia Stock Exchange (IHSG/JKSE) has changed in percentage terms during different presidential periods. Before 2004, presidential terms were shorter and more unstable, so some periods are not a full year.

A bar chart displaying the annual percentage change of the Indonesia Stock Exchange (IHSG/JKSE) from 1998 to 2025. Each bar represents the IHSG’s performance from October to October of each presidential period. Before 2004, some terms were shorter due to political transitions.
From left to the right: B.J. Habibie, Abdurrahman Wahid (Gus Dur), Megawati Sukarnoputri, Susilo Bambang Yudhoyhono, Joko Widodo, and Prabowo Subianto (incumbent)
Chart: Bayu PraharaSource: investing.comGet the dataCreated with Datawrapper