Indonesian Development Equity Compared to Malaysia and Thailand

23/01/2017 15:46 WIB

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Inclusive Development Index of Southeast Asian Countries

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Inclusive Development Index of Southeast Asian Countries

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According to a World Economic Forum (WEF) report, Indonesia's inclusive development index remains low, ranking 22nd out of 79 developing countries. This ranking is below Thailand and Malaysia, which occupy 12th and 16th positions, respectively. Indonesia's index score of 4.29 is only 10 points lower than Malaysia's 4.39 and 13 points lower than Thailand's 4.42.

However, Indonesia's inclusive development is still better than Vietnam's (25th, score 4.25), the Philippines (40th, score 4.00), and Cambodia (43rd, score 3.97). The inclusive development index is calculated based on three pillars: macroeconomic indicator growth; inclusion indicators or levels of welfare and income; and the financial condition of the population.

"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."