Indonesia Aiming For 80 Percent Middle Class Population In 2045

Indonesia Aiming For 80 Percent Middle Class Population In 2045

A woman with an umbrella is walking in the business district on the main street in Jakarta, Indonesia, on March 6, 2024. In pursuit of becoming a high-income country by 2045, the government is setting a target to elevate the middle-class population to 80 percent, up from the current 20 percent. According to World Bank Data, the middle class in Indonesia is growing faster than other groups, with at least 52 million economically secure Indonesians, or one in every five Indonesians. The Indonesian middle class has been a major driver of economic growth, as the group's consumption has been growing by 12 percent annually since 2002 and now represents close to half of all household consumption in Indonesia. (Photo by Afriadi Hikmal/NurPhoto)

  • Product Code
  • ILEA002424498
  • Registered date
  • 2024/3/06 00:00:00
  • Credit
  • NurPhoto / Kyodo News Images
  • Media source
  • Afriadi Hikmal/NurPhoto
  • Media size
  • 5490 × 3660 pixel
  • Resolution
  • 300 dpi
  • Deployment size
  • 12.11(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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    Indonesia Aiming For 80 Percent Middle Class Population In 2045

    Indonesia Aiming For 80 Percent Middle Class Population In 2045

    A man is sitting on a bench with an umbrella in the business district on the main street in Jakarta, Indonesia, on March 6, 2024. The government is setting a target to elevate the middle-class population to 80 percent by 2045, up from the current 20 percent. According to World Bank Data, the middle class in Indonesia is growing faster than other groups, with at least 52 million economically secure Indonesians, or one in every five. The Indonesian middle class is a major driver of economic growth, as the group's consumption has been growing by 12 percent annually since 2002 and now represents close to half of all household consumption in Indonesia. (Photo by Afriadi Hikmal/NurPhoto)
      Indonesia Aiming For 80 Percent Middle Class Population In 2045

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      A woman is entering an MRT station in the business district in Jakarta, Indonesia, on March 6, 2024. The government is setting a target to increase the middle-class population to 80 percent by 2045, up from the current 20 percent, in its pursuit to become a high-income country. The World Bank Data indicates that the middle class in Indonesia is growing faster than other groups, with at least 52 million economically secure Indonesians, which is one in every five Indonesians. The Indonesian middle class has been a significant driver of economic growth, with the group's consumption increasing by 12 percent annually since 2002 and now accounting for nearly half of all household consumption in Indonesia. (Photo by Afriadi Hikmal/NurPhoto)
        Indonesia Aiming For 80 Percent Middle Class Population In 2045

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        A woman with an umbrella is walking in the business district on the main street in Jakarta, Indonesia, on March 6, 2024. In pursuit of becoming a high-income country by 2045, the government is setting a target to elevate the middle-class population to 80 percent, up from the current 20 percent. According to World Bank Data, the middle class in Indonesia is growing faster than other groups, with at least 52 million economically secure Indonesians, or one in every five Indonesians. The Indonesian middle class has been a major driver of economic growth, as the group's consumption has been growing by 12 percent annually since 2002 and now represents close to half of all household consumption in Indonesia. (Photo by Afriadi Hikmal/NurPhoto)
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          Indonesia Economy

          Office workers are looking for transportation in the business district during rush hour in Jakarta, Indonesia, on February 28, 2024. The middle class in Indonesia is playing an important role in supporting national economic growth. The number of the middle class is likely to continue increasing along with rising levels of national per capita income, but most of these groups are still relatively vulnerable to being 'downgraded' if an economic shock occurs. (Photo by Afriadi Hikmal/NurPhoto)
            Indonesia Economy

            Indonesia Economy

            Office workers are looking for transportation in the business district during rush hour in Jakarta, Indonesia, on February 28, 2024. The middle class in Indonesia is playing an important role in supporting national economic growth. The number of the middle class is likely to continue increasing along with rising levels of national per capita income, but most of these groups are still relatively vulnerable to being 'downgraded' if an economic shock occurs. (Photo by Afriadi Hikmal/NurPhoto)
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              Indonesia Economy

              Office workers are looking for transportation in the business district during rush hour in Jakarta, Indonesia, on February 28, 2024. The middle class in Indonesia is playing an important role in supporting national economic growth. The number of the middle class is likely to continue increasing along with rising levels of national per capita income, but most of these groups are still relatively vulnerable to being 'downgraded' if an economic shock occurs. (Photo by Afriadi Hikmal/NurPhoto)
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                Indonesia Economy

                Office workers are looking for transportation in the business district during rush hour in Jakarta, Indonesia, on February 28, 2024. The middle class in Indonesia is playing an important role in supporting national economic growth. The number of the middle class is likely to continue increasing along with rising levels of national per capita income, but most of these groups are still relatively vulnerable to being 'downgraded' if an economic shock occurs. (Photo by Afriadi Hikmal/NurPhoto)
                  Indonesia Economy

                  Indonesia Economy

                  Office workers are looking for transportation in the business district during rush hour in Jakarta, Indonesia, on February 28, 2024. The middle class in Indonesia is playing an important role in supporting national economic growth. The number of the middle class is likely to continue increasing along with rising levels of national per capita income, but most of these groups are still relatively vulnerable to being 'downgraded' if an economic shock occurs. (Photo by Afriadi Hikmal/NurPhoto)