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Indonesia's Labor Productivity Ranked 5th in ASEAN in 2023

Adi Ahdiat 11/09/2024 19:20 WIB

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According to ILO data, Indonesia's labor productivity ranked 5th in ASEAN in 2023. However, globally its performance is relatively low, ranking 111th out of 189 countries.

Labor Productivity in ASEAN Member States (2023)*

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Indonesia's Labor Productivity Ranked 5th in ASEAN in 2023

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Labor Productivity in ASEAN Member States (2023)*

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According to the International Labour Organization (ILO), Indonesia's labor productivity is relatively high on the Southeast Asian scale.

The ILO measures productivity based on the gross domestic product (GDP) generated per hour worked, calculated using constant 2017 GDP and international dollars ($) based on purchasing power parity (PPP).

In 2023, Indonesian workers recorded a productivity of $14 per hour worked.

This achievement placed Indonesia 5th among ASEAN member countries, below Singapore, Brunei, Malaysia, and Thailand, as shown in the graph.

However, on a global scale, Indonesia's productivity is relatively low, ranking 111th out of 189 countries.

According to Ray Dalio, founder of the international asset management firm Bridgewater Associates, Indonesia can improve productivity through education.

"Indonesia needs to prioritize investment in children's education. Do they have the skills to be productive and the manners to cooperate well? That's what you need. So, education is fundamental," said Ray Dalio in an exclusive interview with *[Katadata](https://www.youtube.com/watch?v=IC5DXZzpNoY)* (September 6, 2024).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Labor Productivity Ranked 5th in ASEAN in 2023

Indonesia's Labor Productivity Ranked 5th in ASEAN in 2023

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Indonesia's Labor Productivity Ranked 5th in ASEAN in 2023

Indonesia's Labor Productivity Ranked 5th in ASEAN in 2023

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