Introduction The Indian Ocean tsunami that occurred in 2004 as a result of a bottom earthquake is one of the most destructive natural phenomena of the 21st century. Researchers note “this large-scale, natural disaster resulted in more than 170 000 deaths, displaced half a million people, and devastated large swathes of built infrastructure, arable land, and natural resources along the coast of Aceh” (Frankenberg et al, p. 21). Consequently, the study of the processes of socioeconomic recovery of the country is relevant because of the growing global all-round pressure due to the Covid-19 epidemic. The purpose of this study is to explore how Indonesia was recovering after the events of the 2004 Indian Ocean tsunami. Undertaken Economic Recovery Measures Unbelievable in its scope, the 2004 Indian Ocean tsunami led to the destruction of a significant part of the waterside urban and suburban infrastructure of Indonesia, especially the province of Aceh. It entailed a significant economic downturn and high financial costs in the field of local small and medium enterprises. Besides wage employees, the most affected economic category was representatives of the self-employment area. Rotating Savings and Credit Associations (ROSCA) organization using “group-based mutual financing schemes” decided to maintain and restore the local economic environment (Czura and Klonner, p. 2). These measures contributed to the more rapid regeneration of the Indonesian economy and infrastructure. Undertaken Social Recovery Measures The state has taken up the issue of restoring the social sphere of the destroyed territory of the Indonesian coast. For example, immediately after the devastating catastrophe, the government organized the Agency for Rehabilitation and Reconstruction to conduct and coordinate remediation (Stephan et al, p. 38). It is also worth noting that this department was engaged not only in reconstruction but also in the collection and distribution of donor donations. The Process of Economic Recovery The essence of the emergency economic policy undertaken by ROSCA was the restructuring and redirection of the bankroll to own-account financial agents. According to Czura and Klonner, “substantial funds were channeled from wage-employed members and commercial investors to small and medium-scale entrepreneurs” (p. 1). Economic support through the collective internal reserves of the financial stock has contributed to the fast recovery and reintegration of business participants into the market. The Process of Social Recovery The Agency for Rehabilitation and Reconstruction agency has taken several measures in several key social areas. First of all, it organized a humanitarian aid system, and construction work using public funds and private donations (Stephan et al, p. 33). These works, in addition to the restoration of destroyed residential buildings, also included the creation of shelter systems and public warning systems (Stephan et al, p. 37). These measures saved people and prevented significant human losses in subsequent years. Time Frame for Economic Recovery It is worth noting that despite the incredible damage caused by the tsunami, the economy of the province of Aceh ver