National Economic Recovery Program Update
UNEMPLOYMENT AND POVERTY RATE DECLINED WITH ROBUST ECONOMIC RECOVERY
Social Safety Net and other recovery program during pandemic have effectively reduced poverty and employment rates
The labor market is gradually recovering driven by
a quality economic recovery
Labor Market
Source: Statistic Indonesia
12.00
Poverty rate continues a downward trend to
Poverty
Source: Statistic Indonesia
12
single digits
Protection towards the improvement of
public welfare is always maintained
through various social protection
programs
10.00
8.00
6.00
4.00
2.00
0.00
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
| Unemployment (Million People)
Unemployment Rate (RHS,%)
10
9.10
8.42
8
6.49
5.86
6
0
2
27.54
Social Security Budget
26.42
2021
IDR468,2 Trillion
26.16
2022
IDR502,6 Trillion
10.14
2023
IDR479,1 Trillion
9.78
4
9.54
Micro Credit Program (Kredit
Usaha Rakyat - KUR)
2021
IDR285 Trillion
2022
IDR316 Trillion
Poverty (Million People)
Poverty Rate (RHS, %)
2023
IDR450 Trillion
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