Bali’s thriving economy (GRDP: $18.1B in 2024) rivals small nations like Iceland, yet many of its business opportunities remain overlooked. For foreign entrepreneurs, the island’s secret goldmine lies in modernizing traditional sectors for its 6M+ tourists and booming digital nomad community.
Bali, Indonesia’s famed "Island of the Gods," is synonymous with tourism, attracting over 6 million visitors annually. But beyond its beaches and temples lies an economy brimming with untapped potential. With a Gross Regional Domestic Product (GRDP) of IDR 299 trillion (USD 18.1 billion) in 2024, Bali’s economy rivals small nations like Iceland (GDP ~27billion) and dwarfs tourism heavy peers like the Maldives (27billion) or Barbados ($5.4 billion). Yet much of its business landscape remains overlooked—especially for entrepreneurs ready to modernize traditional sectors. Here are the most underrated opportunities to capitalize on Bali’s digital evolution and booming digital nomad culture.
What is the Problem?
Most motorcycle rental businesses in Bali operate offline, relying on manual paperwork, cash payments, and in-person negotiations. Tourists and digital nomads often face issues like unclear pricing, lack of insurance options, and no real-time support for breakdowns or accidents.
How Big is the Market?
What is the Solution?
Launch a tech-driven rental platform that offers:
Example: A foreign entrepreneur could white-label an existing rental app (like Bikago or Rentals Bali) or build a custom solution targeting high-traffic areas like Canggu or Ubud.
What is the Problem?
Laundromats in Bali are abundant but outdated. Most lack pickup/delivery options, use harsh detergents, and require customers to wait hours for service—a hassle for busy digital nomads and long-term tourists.
How Big is the Market?
What is the Solution?
Create an Uber-style laundry app featuring:
Example: Bali Wash & Go, a hypothetical startup, could partner with eco-conscious laundromats and market via digital nomad Facebook groups.
What is the Problem?
While Gojek and Grab dominate generic food delivery, Bali’s health-conscious nomads struggle to find reliable services for vegan, gluten-free, or keto meals. Local warungs (small eateries) lack visibility on big apps.
How Big is the Market?
What is the Solution?
Build a curated food app focusing on:
Example: Nourish Bali, a niche delivery service, could partner with cafes like Peloton Supershop or Kynd Community to monopolize the health-food niche.
What is the Problem?
Gyms, yoga studios, and wellness retreats in Bali often use outdated systems—think WhatsApp bookings, cash payments, and no membership apps. Customers juggle multiple platforms to schedule classes or track progress.
How Big is the Market?
What is the Solution?
Develop a unified fitness app offering:
Example: A foreign entrepreneur could partner with popular spots like Canggu Studio or Radiantly Alive to pilot the app.
What is the Problem?
Tour guides, drivers, and activity providers rely on WhatsApp or walk-ins, leading to missed bookings and cash-only transactions. Travelers waste time negotiating prices or verifying legitimacy.
How Big is the Market?
What is the Solution?
Create a smart tourism platform that:
Example: A platform like Bali Experiences could aggregate hidden gems like Nusa Penida snorkeling trips or Ubud rice terrace tours.
Bali’s allure isn’t just its scenery—it’s a global hub for remote workers, with co-working spaces like Dojo Bali and Outpost thriving. Yet infrastructure gaps persist. Foreign entrepreneurs can leverage their tech expertise to:
Bali’s economy is larger than most realize, but its true potential lies in modernizing the businesses that fuel daily life for locals and visitors. For foreigners, the island offers a rare blend of low entry costs, high demand, and a tech-ready audience. By focusing on digitalization—whether for scooter rentals, laundry, or fitness—you’ll tap into a market hungry for convenience, quality, and innovation.
Ready to ride Bali’s wave? The next big opportunity isn’t in a crowded café… it’s in the gaps waiting for your solution.
Stats sources: BPS Bali, World Bank, IMF.
Bali’s economy, with a GRDP of USD 18.1 billion (2024), rivals small nations like Iceland and Barbados. Its booming tourism, low operational costs, and growing digital nomad population make it ideal for niche businesses targeting modern travelers and remote workers.
Overlooked sectors include tech-driven motorcycle rentals, app-based laundry services, hyper-local food delivery, fitness tech solutions, and digital tools for tourism operators. These cater to Bali’s 6 million annual tourists and 30,000+ digital nomads.
Focus on digitizing traditional businesses (e.g., booking systems, payment gateways) or filling gaps in underserved niches like eco-friendly laundry, premium catering, or curated tourism experiences. Partnering with locals ensures smoother operations.
Yes! Over 80% of tourists rent scooters, but most rental shops lack tech integration. Adding features like app-based bookings, GPS tracking, or damage insurance can differentiate your business and attract premium clients.
Digital nomads and long-term tourists hate wasting time on chores. A subscription-based laundry app with pickup/delivery, eco-friendly detergents, and fast turnaround can dominate this fragmented market.
Yes, by niching down. Target health-conscious nomads with meal-prep services, vegan catering, or partnerships with local warungs (eateries) to offer authentic, hyper-local dishes unavailable on mainstream apps.
Bali’s GRDP (USD 18.1 billion) surpasses the Maldives (USD 5.8B) and Barbados (USD 5.4B), reflecting its diverse economy beyond tourism. This creates opportunities in tech, logistics, and support services.
Bali hosts one of the world’s largest digital nomad communities. They demand modern conveniences like coworking spaces, wellness apps, and reliable services (e.g., laundry, transport), creating opportunities for tech-forward entrepreneurs.
Absolutely! Bali prioritizes eco-tourism. Ideas include zero-waste catering, plastic-free laundry services, or platforms promoting sustainable tours. Pair sustainability with digital convenience for maximum appeal.
Navigating local regulations, language barriers, and competition can be tough. However, low startup costs, high tourist demand, and gaps in digital infrastructure make it worthwhile. Partnering with locals simplifies compliance.