Pancasila is the Indonesian state philosophy. It contains five basic principles produced from a deep reflection and profound thought of the founding fathers of Indonesia. It embraces five noble values espoused by the various ethnicities on the archipelago. These values are also a unifier of these diverse ethnic groups into one nation state of Indonesia, an identity of the nation, as well as guidelines in running the life of the state. This paper questions the relevance of Pancasila as the way of life for the nation in this era of globalization. The historical and the analytical perspective approaches are used to look at the role of Pancasila throughout the life of the country until today. It is recognized that Pancasila is increasingly more important, especially for the nation to be able to survive in the global era, because it is the national character, and guidelines for all the societies to carry out their lives, as well as to determine the direction of the nation in order to achieve its objectives.