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GWI showcases Indonesia’s distinctive wellness assets and wellness economy opportunities
POSTED 15 Feb 2023 . BY Megan Whitby
Indonesia is a republic spanning 17,000 islands and has the largest economy in Southeast Asia Credit: Shutterstock/guitar photographer

Credit: GWI
Countries that commit to creating a Geography of Wellness microsite clearly understand the value wellness offerings have in their overall economy
– Susie Ellis
The Global Wellness Institute (GWI) – a research and educational resource for the global wellness industry – has announced that Indonesia is the latest country to be highlighted on the organisation’s Geography of Wellness microsite.

The platform, which launched last year, gives key stakeholders in the 218 countries featured in GWI’s The Global Wellness Economy: Country Rankings a deeper dive into their country’s position in the various sectors and subsectors of the US$4.4tn (£3.6bn, €4.1bn) global wellness economy.

“Countries that commit to creating a dedicated Geography of Wellness microsite clearly understand the value wellness offerings have in their overall economy,” said Susie Ellis, GWI chair and CEO.

“By partnering with GWI on this initiative, the Republic of Indonesia’s Ministry of Tourism and Creative Economy has supported GWI in taking a deeper look into Indonesia’s position in the ever-expanding wellness economy and highlighting its unique strengths.”

According to GWI data, Indonesia’s wellness economy grew from US$35bn (£29bn, €32.7bn) in 2017 to US$36.4bn (£30.2bn, €34bn) in 2020, ranking the country #19 out of the 218 measured worldwide and seventh (out of 46) in the Asia-Pacific region.

The research reveals that the highest spike in its wellness economy occurred in 2019 (pre-pandemic) when it was valued at US$40.6bn (£33.6bn, €37.9bn).

The hardest-hit categories during the pandemic were:
Wellness tourism – US$1.7bn (£1.4bn, €1.6bn) in 2020, down 65 per cent from a high of US$5bn (£4.1bn, €4.7bn) in 2019.
Spas – US$1bn (£828.8m, €933.5m) in 2020, down 43 per cent from a high of US$1.76bn in 2020.
Thermal/mineral springs – US$17m (£14.1m, €15.9m), down 43.5 per cent from a high of US$30m (£24.9m €28m) in 2020.

Now that these sectors are reopened, Indonesia’s wellness economy is reportedly back in a strong position for continued growth. One of its strongest investment growth areas is its wellness real estate market, which increased 18 per cent from 2019 to 2020 – from US$957m (£793.3m, €894.4m) to over $1.1bn (£911.8m, €1bn).

GWI’s global wellness economy data, along with a deep dive into Indonesia, can be found in the newly released report, The Global Wellness Economy: Indonesia, available for free download.

Wellness in Indonesia
Indonesia is a popular destination known for its rich cultural history and traditional wellness treatments and programmes.

Indonesia’s wellness practices have existed for more than 2,000 years, incorporating Indonesian heritage with wellness traditions from Indian, Arabic and Chinese origins.

The country’s diverse regions offer healing experiences for the mind, body and soul, from traditional aromatherapy and treatments with essential oils in Solo, to immersive wellness journeys in villages like Wanurejo and Candirejo in Yogyakarta, to eco-friendly spa and wellness retreats in Bali.

The Ministry of Tourism and Creative Economy has a mission to make Indonesia a global wellness tourism destination and for the country’s wellness products, including its traditional jamu herbal drinks and tonics, to be considered among the best in the world.
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NEWS
GWI showcases Indonesia’s distinctive wellness assets and wellness economy opportunities
POSTED 15 Feb 2023 . BY Megan Whitby
Indonesia is a republic spanning 17,000 islands and has the largest economy in Southeast Asia Credit: Shutterstock/guitar photographer
Credit: GWI
Countries that commit to creating a Geography of Wellness microsite clearly understand the value wellness offerings have in their overall economy
– Susie Ellis
The Global Wellness Institute (GWI) – a research and educational resource for the global wellness industry – has announced that Indonesia is the latest country to be highlighted on the organisation’s Geography of Wellness microsite.

The platform, which launched last year, gives key stakeholders in the 218 countries featured in GWI’s The Global Wellness Economy: Country Rankings a deeper dive into their country’s position in the various sectors and subsectors of the US$4.4tn (£3.6bn, €4.1bn) global wellness economy.

“Countries that commit to creating a dedicated Geography of Wellness microsite clearly understand the value wellness offerings have in their overall economy,” said Susie Ellis, GWI chair and CEO.

“By partnering with GWI on this initiative, the Republic of Indonesia’s Ministry of Tourism and Creative Economy has supported GWI in taking a deeper look into Indonesia’s position in the ever-expanding wellness economy and highlighting its unique strengths.”

According to GWI data, Indonesia’s wellness economy grew from US$35bn (£29bn, €32.7bn) in 2017 to US$36.4bn (£30.2bn, €34bn) in 2020, ranking the country #19 out of the 218 measured worldwide and seventh (out of 46) in the Asia-Pacific region.

The research reveals that the highest spike in its wellness economy occurred in 2019 (pre-pandemic) when it was valued at US$40.6bn (£33.6bn, €37.9bn).

The hardest-hit categories during the pandemic were:
Wellness tourism – US$1.7bn (£1.4bn, €1.6bn) in 2020, down 65 per cent from a high of US$5bn (£4.1bn, €4.7bn) in 2019.
Spas – US$1bn (£828.8m, €933.5m) in 2020, down 43 per cent from a high of US$1.76bn in 2020.
Thermal/mineral springs – US$17m (£14.1m, €15.9m), down 43.5 per cent from a high of US$30m (£24.9m €28m) in 2020.

Now that these sectors are reopened, Indonesia’s wellness economy is reportedly back in a strong position for continued growth. One of its strongest investment growth areas is its wellness real estate market, which increased 18 per cent from 2019 to 2020 – from US$957m (£793.3m, €894.4m) to over $1.1bn (£911.8m, €1bn).

GWI’s global wellness economy data, along with a deep dive into Indonesia, can be found in the newly released report, The Global Wellness Economy: Indonesia, available for free download.

Wellness in Indonesia
Indonesia is a popular destination known for its rich cultural history and traditional wellness treatments and programmes.

Indonesia’s wellness practices have existed for more than 2,000 years, incorporating Indonesian heritage with wellness traditions from Indian, Arabic and Chinese origins.

The country’s diverse regions offer healing experiences for the mind, body and soul, from traditional aromatherapy and treatments with essential oils in Solo, to immersive wellness journeys in villages like Wanurejo and Candirejo in Yogyakarta, to eco-friendly spa and wellness retreats in Bali.

The Ministry of Tourism and Creative Economy has a mission to make Indonesia a global wellness tourism destination and for the country’s wellness products, including its traditional jamu herbal drinks and tonics, to be considered among the best in the world.
RELATED STORIES
US is world’s top wellness economy – worth $1.2trn, reports GWI


The Global Wellness Institute (GWI) has penned a new report about the US wellness economy after partnering with the National Academy of Sports Medicine (NASM).
US is world’s top wellness economy – worth $1.2trn, reports GWI


The Global Wellness Institute (GWI) has penned a new report about the US wellness economy after partnering with the National Academy of Sports Medicine (NASM).
Speaker line-up revealed for 2023 GWS Wellness Real Estate & Communities Symposium


The Global Wellness Summit (GWS) is gearing up to host its second annual Wellness Real Estate & Communities Symposium at JPMorgan Chase & Co. headquarters in Manhattan, New York, on 2 May 2023.
Japan named world’s third biggest wellness economy, worth US$303 billion


Japan has the third largest wellness economy globally – worth US$303 billion (£242.6 billion, €283 billion) – according to data from the Global Wellness Institute (GWI).
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Vogue hand-picks 100 of the world’s best spas to curate Global Spa Guide
Conde Nast’s iconic fashion and lifestyle publication Vogue has created a list of 100 of the world's leading spas, known as the Global Spa Guide.
Good Spa Guide report reveals diverse spa preferences and spending habits across age groups
Results are in for the latest Good Spa Guide (GSG) consumer survey, with this year's findings categorised into five life stages to better understand different people’s priorities when visiting spas.
Global Wellness Summit 2024 to make waves in Scotland with theme “A Watershed Moment for Wellness”
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Influencer Anna Lewandowska reveals plans for a new 'wellness paradise' called Edan Studios in Barcelona
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Embrace the chill: TechnoAlpin's Snowsky revolutionises post-fitness recovery with falling snow
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