Many Middle-Class Citizens Set Aside Savings for Emergency Funds
Supported By
- A Small
- A Medium
- A Bigger
The Katadata Insight Center (KIC) recorded the saving and investment goals of Indonesia's middle class. The results show that the majority, or 63.1% of respondents, save for unexpected needs or as emergency funds.
"This indicates that long-term financial planning is not yet a top priority and gradual change needs to be pursued," wrote KIC in its report.
Respondents also saved for education costs (37.5%); vacations (29.7%); achieving *financial freedom* (27.5%); additional income (26.1%); and protecting assets from inflation (24.8%).
Meanwhile, a smaller percentage of middle-class respondents set aside income for business development (18.9%), home renovations (15.5%), down payments on houses (15.3%), and other reasons (1.9%).
This KIC survey involved 472 respondents aged 17–59 years, consisting of 60% men and 40% women. Respondents were spread across 10 major Indonesian cities: Bandung, Medan, Surabaya, Jayapura, Jakarta, Semarang, Banjarmasin, Yogyakarta, Denpasar, and Makassar.
Data collection was conducted online from January 6–9, 2025, using a *non-probability sampling* method. The survey's margin of error is 4.6%.
The complete KIC survey report, titled *Indonesia's Middle Class Amidst Economic Uncertainty*, can be accessed via the following link.
"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
Latest Data Stories
Supported By
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18 | -0.21 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Mei) | 113,79 | +1.34 |
Trending Topics
Popular Data
