Contribution of MSMEs to Indonesia's GDP Over the Last Two Decades

Economics & Macro

Premium

Adi Ahdiat 02/01/2025 10:49 WIB

URL has been copied

Memuat...

According to data compiled by Mandiri Institute, from 2003 to 2023, MSMEs contributed approximately 56% to 61% of Indonesia's total GDP.

Contribution of MSMEs to Indonesia's GDP (2003-2023)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Contribution of MSMEs to Indonesia's GDP Over the Last Two Decades”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Contribution of MSMEs to Indonesia's GDP (2003-2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to data compiled by Mandiri Institute, in 2003, micro, small, and medium enterprises (MSMEs) contributed 56.8% to Indonesia's gross domestic product (GDP).

In subsequent years, the contribution of MSMEs to the national economy gradually increased, reaching 61% in 2023, as shown in the graph.

Despite the increase, Mandiri Institute assesses that the contribution of MSMEs over the past two decades has not been optimal.

This is because, during the 2003-2023 period, MSMEs consistently absorbed almost all workers, precisely around 96% to 97% of the total national workforce.

"The contribution of MSMEs to the overall economy has not yet reached its optimal potential, especially when compared to the high level of employment absorption," said Mandiri Institute in its *Monthly Gazette* edition of December 24, 2024.

"This indicates a gap that can still be bridged, especially in terms of increasing the value of goods produced by MSMEs," it continued.

According to Mandiri Institute, the value of products and the contribution of MSMEs can be increased by involving them in the national industrial downstreaming process. However, the process is not easy.

"This process requires adequate resources, both in terms of financing and human resources, to ensure the success of its implementation," they said.

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."

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

The price of fresh chicken in traditional markets in North Kalimantan Province has increased by 7.62% over the past month. Economics & Macro 05/12/2025, 13:17 WIB

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year Demographics 05/12/2025, 13:15 WIB

Other Services Sector PDRB in South Sulawesi Grew 4.77% (2024) PDB 05/12/2025, 13:14 WIB

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 05/12/2025, 13:05 WIB

Daily Chicken Prices at Traditional Markets in Bangka Belitung Islands Province Have Decreased by 3.09% in the Last Month Economics & Macro 05/12/2025, 12:33 WIB

Internet Access Purpose Statistics for Village and City Residents in the Financial Sector, 2017-2022 Mining 05/12/2025, 12:16 WIB

Download

Source

Contribution of MSMEs to Indonesia's GDP Over the Last Two Decades

Tags

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Popular Data

Contribution of MSMEs to Indonesia's GDP Over the Last Two Decades

Tags

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Trending Topics

Popular Data