Indonesia's Cooperative Business Volume Reaches Rp214 Trillion in 2024

According to data from the Central Bureau of Statistics (BPS), the volume of cooperative businesses in Indonesia has steadily increased in recent years.

This business volume represents the total value of income or sales of goods and services obtained by cooperatives in one fiscal year.

In 2014, the national cooperative business volume reached Rp189 trillion. Then in 2015, the volume surged, but dropped drastically in 2016.

Starting in 2017, the performance of national cooperatives consistently rose, albeit slowly, reaching Rp214 trillion in 2024, as shown in the graph.

Furthermore, the volume of national cooperative businesses has the potential to increase further in the coming period.

This is because in March 2025, President Prabowo Subianto ordered the formation of 80,000 Red and White Cooperatives. This order was established through Presidential Instruction Number 9 of 2025.

Red and White Cooperatives are village/sub-district level cooperatives that conduct business activities including the procurement of basic necessities, money lending and saving services, clinics, pharmacies, warehousing, logistics, and others.

The government stated that it will provide support in the form of funding, guidance, mentoring, empowerment, and facilitation for these cooperatives.