Indonesia's Poverty Rate Decreases in March 2023, Reaching its Lowest Point Since the Pandemic

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Adi Ahdiat 17/07/2023 14:20 WIB

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According to the Indonesian Central Bureau of Statistics (BPS), there were 25.9 million poor people in Indonesia in March 2023. This figure is lower than a year earlier and represents the lowest level

Number and Percentage of Poor People in Indonesia (March 2012-March 2023)

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Indonesia's Poverty Rate Decreases in March 2023, Reaching its Lowest Point Since the Pandemic

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Number and Percentage of Poor People in Indonesia (March 2012-March 2023)

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According to the Central Bureau of Statistics (BPS), in March 2023, there were approximately 25.9 million poor people in Indonesia. This number decreased by approximately 460,000 people compared to September 2022, or by 260,000 people compared to March of the previous year.

The national poverty rate also decreased in the last year, from 9.54% in March 2022 to 9.36% in March 2023.

Both in terms of number and percentage, the national poverty rate in March 2023 was the lowest since the beginning of the Covid-19 pandemic.

BPS defines poor people as those whose average expenditure is below the Poverty Line. The per capita poverty line in March 2023 was set at Rp550,458 per capita per month. Meanwhile, the household poverty line was Rp2,592,657 per poor household per month.

According to BPS, several factors contributed to the decrease in the national poverty rate in March 2023, namely:

* The Open Unemployment Rate (OUR) decreased from 5.86% (August 2022) to 5.45% (February 2023).
* The Farmer Exchange Rate (NTP) increased from 106.82 (September 2022) to 110.85 (March 2023).
* The inflation rate decreased from 3.6 (March 2022-September 2022) to 1.32 (September 2022-March 2023).
* Household consumption in Q1 2023 increased by 2.21% compared to Q3 2022.

"Social assistance continues to be provided to reduce the expenditure burden of the poor. The utilization of the Family Hope Program (PKH) social assistance in Q1-2023 reached 89.3 percent, while the utilization of the Sembako social assistance stage 1 has reached 86.5 percent," said BPS in its report.

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 Poverty Rate Decreases in March 2023, Reaching its Lowest Point Since the Pandemic

Indonesia's Poverty Rate Decreases in March 2023, Reaching its Lowest Point Since the Pandemic

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