Indonesia loses IRD43.2 trillion (USD4.8 billion) in potential taxes each year as more counterfeit goods flood into the country, a study indicates, but the government is doing its best to turn that trend around.

The study, conducted by the University of Indonesia's Institute for Economic and Social Research and the Indonesian Anti-Counterfeiting Society (MIAP), surveyed 500 people from June to October on their consumption of fake goods.