Achieving Indonesia’s Ambitious Target in Per Capita Income

In Indonesia’s long-term planning document, increasing Gross National Income (GNI) per capita is one of the ambitious targets to be achieved by 2045. In that year, Indonesia targets per capita income to reach US$ 30,300.

This target is not just a number, but a reflection of great expectations for the welfare of society and Indonesia’s economic status in the global arena. GNI per capita is often used as an indicator of public welfare.

High per capita income reflects that society in general has good purchasing power and wider access to basic services such as education, health, and housing.

By achieving the GNI per capita target of US$ 30,300, it is hoped that the quality of life of the Indonesian people will improve significantly, with more people living above the poverty line and enjoying a better standard of living.

GNI per capita is also used as a world standard in determining the category of a country’s economic status. Based on the applicable provisions, there are four categories of economic status based on per capita income.

First, Low-Income Countries, namely countries with per capita income of less than US$ 1,135. Second, Lower-Middle Income Countries, namely countries with per capita income in the range of US$ 1,136 to 4,465.

Third, Upper-Middle Income Countries, namely countries with per capita income in the range of US$ 4,466 to 13,845. Fourth, High-Income Countries, namely countries with per capita income above US$ 13,845.

With a target GNI per capita of US$ 30,300, Indonesia aspires to enter the category of high-income countries, which not only improves the country’s image in the eyes of the world but also opens up greater opportunities for foreign investment, international cooperation, and access to a wider global market.

The GNI per capita target of US$30,300 by 2045 is an ambitious goal that reflects Indonesia’s vision to improve people’s welfare and strengthen its economic position in the global arena.

With the right strategy and strong cooperation between the government, private sector, and society, Indonesia has great potential to achieve this goal and build a brighter future for all its people.

Source Bappenas