The growth of the middle-class and overall population resulted in the ongoing development of the finance industry. As of January 2024, there were about 1.4 thousand rural banks and 106 commercial banks available
Advertising worldwide – statistics & facts All advertising markets across the globe win, yet some win more than others.Ad spending worldwideincreased by eight percent to almost 792 billion U.S. dollars in 2024, compared to a growth rate below three percent in the previous year. For comparison...
Sources: Population Census, 2000, 2010 and 2020, Statistics Indonesia (BPS) This section discusses a number of important aspects regarding Indonesia's demographic composition. Topics that are discussed include Indonesia's population growth, age structure and urbanization. Each of these topics is linked...
Source: Statistics Indonesia (BPS)Traditional Peaks of Inflation in IndonesiaDiscarding administered price adjustments, there are two traditional annual peaks of inflation in Indonesia. The December-January period always brings higher prices due to Christmas and New Year celebrations, while the traditional...
Indonesia’s middle class has grown 12% annually since 2002, leading to a rise in economic growth In fact, the Indonesian middle class now represents nearly half of all household consumption in the country, as reported by the World Bank. This, coupled with improvements in infrastruct...
Investing in Indonesia - 2015 | 11 Population growth, mid-income trap and poverty There is also however a lower and poor socio-economic class that is growing alongside the middle class. The World Bank estimates that 200 million or 82% of Indonesia's population live on less than USD4 a ...
In this case, informality may merely be symptomatic of poverty, and the appropriate policy response is thought to be economic growth, which would raise incomes, increase demand for formal sector products, and reduce the size of the informal sector. In this paper, we combine quantitative and ...
Chase Fisher, co-founder of Blenders Eyewear, 10Xed his Black Friday Cyber Monday in 2017 ... nearly 40,000 orders compared to a year earlier. That kind of growth takes some explaining. Fortunately, Fisher did just that. He sat with Shopify for an exclus
The open-data repository uses digital databases started and managed by the Singapore Department of Statistics in the early 1970s. In 2001, the National Disease Registries Office was created to collect epidemiological data on illnesses such as cancer, renal dise...
It arose mainly at foreign enterprises, and the growth of its class-consciousness was inseparable from the struggle against imperialism. The first trade unions formed in Indonesia in the early 20th century. The influx of workers, peasants, and artisans into Sarekat Islam imparted to it an ...