How much money does Indonesia make a year?

What is Indonesia average income?

People working in Indonesia make an average gross salary of $13,436 a year, $1,120/month, and $6.46 an hour. These numbers differ between cities, industries, and job titles.

What is the average income in Indonesia 2020?

In 2020, the national income per capita in Indonesia was about 42.12 million Indonesian rupiah, down from around 42.68 million rupiah the previous year. In that year, Indonesia’s gross domestic product was around 1.06 trillion U.S. dollars.

Does Indonesia have a good economy?

The economy of Indonesia is the largest in Southeast Asia and is one of the emerging market economies of the world. … It is the 15th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP).

What is the hourly wage in Indonesia?

$1.29 per hour

In Indonesia, minimum wage varies depending on the region of the archipelago, much like the United States’ individual state minimum wage rates. Salaries vary from 1,100,000 in Jawa Tengah to 1,621,172 in Bali. Jakarta’s wage remains the highest in the nation.

Is living in Indonesia expensive?

Family of four estimated monthly costs are 1,591$ (22,582,136Rp) without rent. A single person estimated monthly costs are 458$ (6,504,244Rp) without rent. Cost of living in Indonesia is, on average, 48.02% lower than in United States.

By City in Indonesia.

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Rank City Cost of Living Index
3 Surabaya 35.22
4 Bandung 35.03

Is Indonesia a third world country?

Finally, “Third World” countries were countries that remained neutral and allied with neither side.

Third World Countries 2021.

Country Human Development Index 2021 Population
Indonesia 0.694 276,361,783
Vietnam 0.694 98,168,833
Egypt 0.696 104,258,327
Philippines 0.699 111,046,913

What is the minimum wage in Indonesia?

Indonesia’s yearly minimum wage is $1,027.00 in International Currency.

What is the average pay in the US?

The average annual wage in 2019 in the US was $51,916.27, and the median annual wage was $34,248.45. The median wage is the wage “in the middle,” while average refers to the measure of central tendency for all the data. There is a big difference between the average and median wage data.

Is Indonesia poorer than Philippines?

In 2016, Philippines per capita GDP was close to two-thirds of that of Indonesia’s; the gap is even bigger in ppp–see table.

How Indonesians Became Richer Than Filipinos.

Metric Indonesia Philippines
Population 259 Million 102 Million
Per Capita GDP $3,834 $2,640
Per Capita GDP in PPP $10,385 $6,938
Inflation Rate 3.02% 2.6%

How does Indonesia make money?

Major industrial sectors include petroleum and natural gas, textiles and apparel, mining, footwear, plywood, rubber and chemical fertilisers. The services sector is equally as important to Indonesia’s economy, accounting for 43 per cent of GDP in 2015. Agriculture on the other hand only accounted for 14 per cent.

What’s Indonesia famous for?

Nowadays, Indonesia is famous for its diverse and multicultural islands, from deeply religious Aceh in the north; to the country’s center of government in Java; to the tropical paradise of Bali; and all the way down to the province of Papua on the border with independent Papua New Guinea.

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