Indonesia's Entrepreneurship Ratio Development 2014-2024

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Adi Ahdiat 10/12/2024 15:20 WIB

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According to BPS data, the ratio of nascent entrepreneurs in Indonesia increased during the 2014-2024 period, but the ratio of established entrepreneurs decreased.

Indonesia's Entrepreneurship Ratio (February 2014-August 2024)

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Indonesia's Entrepreneurship Ratio (February 2014-August 2024)

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Based on Presidential Regulation (Perpres) Number 2 of 2022, an entrepreneur is a person who runs, creates, and/or develops a business.

This Presidential Regulation categorizes entrepreneurs into two types: "emerging entrepreneurs" and "established entrepreneurs".

"Emerging entrepreneurs" are business owners working alone, and those assisted by non-permanent/unpaid workers.

Meanwhile, "established entrepreneurs" are business owners assisted by permanent/paid workers.

Appendix I of Presidential Regulation Number 2 of 2022 also stipulates the method for calculating the national entrepreneurship ratio using the following formula:

* Ratio of emerging entrepreneurs = population of emerging entrepreneurs / labor force x 100%
* Ratio of established entrepreneurs = population of established entrepreneurs / labor force x 100%

Calculated using data from the Central Bureau of Statistics (BPS), over the last decade, the ratio of emerging entrepreneurs in Indonesia has tended to increase from 31.96% (February 2014) to 33.87% (August 2024).

However, the ratio of established entrepreneurs has tended to decrease from 3.31% (February 2014) to 3.08% (August 2024), as shown in the graph.

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 Entrepreneurship Ratio Development 2014-2024

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