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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)
Photo Details
| Photo ID | #11051839 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Afriadi Hikmal/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Afriadi Hikmal/NurPhoto |
Related Keywords
Man
Bench
Umbrella
Business District
Main Street
Jakarta
Indonesia
March 6
2024
High-Income Country
Government Target
Middle-Class Population
World Bank Data
Economic Growth
Economically Secure
One in Every Five
Consumption Growth
Household Consumption
Afriadi Hikmal
NurPhoto
2045 Goal
80 Percent Middle Class
Current 20 Percent
52 Million Indonesians
Economic Driver
12 Percent Annual Growth
Photojournalism
Southeast Asia
Urban Scene
Financial Aspiration
Social Mobility
Economic Policy
Development Goals
Income Stratification.
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