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Finance of Indonesia

The monthly minimum wage in Indonesia depends on the respective administrative region. According to a 2014 estimate, Indonesia has a public debt equivalent to 131% of the country's gross domestic product (GDP). Based on consumer prices, the inflation rate in Indonesia is 7.7%. The currency of Indonesia is the Indonesian Rupiah. The plural form of the word Indonesian rupiah is rupiahs. The symbol used for this currency is Rp, abbreviated as IDR. The Indonesian rupiah is divided into sen; One rupiah contains 100. Every year, consumers spend around US$484,751 million. The ratio of consumer spending to GDP in Indonesia is 0.06%, and the ratio of consumer spending to world consumer market is 113%. Corporate tax in Indonesia is 25%. Personal income tax ranges from 5% to 30% depending on your specific situation and income level. VAT in Indonesia is 10%. In 2013, Indonesia received US$67.8 million in foreign aid. In 2014, foreign aid totaled $419.2 million.

Gross domestic product
Total Gross Domestic Product (GDP) calculated as Purchasing Power Parity (PPP) in Indonesia is US$2,685,893 billion. The gross domestic product (GDP) calculated as purchasing power parity (PPP) per capita in Indonesia was last at 10,067,255 US dollars. PPP in Indonesia is considered very good compared to other countries. A very good PPP indicates that citizens of this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good purchasing power parities are safe locations for investments. The total gross domestic product (GDP) in Indonesia is 868,346 billion. Based on this statistic, Indonesia is considered as one large economy. Countries with large economies support a variety of industries and businesses and offer numerous investment opportunities. Large economies have an extensive financial sector that facilitates the organization of investments and financial transactions. It should be very easy to find good investment opportunities in Indonesia. Gross domestic product (GDP) per capita in Indonesia was last seen at $3,254,731. The average citizen in Indonesia has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. There are highly skilled workers in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Indonesia averaged 5.2% in 2014. According to this percentage, Indonesia is currently experiencing significant growth. Countries that experience significant growth offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.

https://www.confiduss.com/en/jurisdictions/indonesia/economy/finance/