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Indonesia Aiming For 80 Percent Middle Class Population In 2045
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)
Photo Details
| Photo ID | #11051840 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Afriadi Hikmal/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Afriadi Hikmal/NurPhoto |
Related Keywords
woman
MRT station
business district
Jakarta
Indonesia
March 6
2024
high-income country
2045
middle-class population
government target
World Bank Data
economic growth
52 million
economically secure
one in every five
Indonesian middle class
major driver
consumption growth
12 percent annually
2002
household consumption
Afriadi Hikmal
NurPhoto
elevation strategy
economic development
public transportation
urban lifestyle
income levels
demographic change
social mobility
consumer behavior
market potential
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