Per Capita Expenditure of the Community Decreased Due to the Impact of the Covid-19 Pandemic

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Yosepha Pusparisa 18/12/2020 16:48 WIB
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Purchasing Power Parity (PPP)-adjusted Per Capita Expenditure
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Indonesia's per capita expenditure (PPP) decreased by 2.5% compared to 2019. Last year, people were able to spend up to Rp 11.3 million per year. But now, people can only spend Rp 11 million per year.

This decrease in PPP is a consequence of the Covid-19 pandemic, which caused an economic crisis. As a result, many people have decided to tighten their belts.

The declining PPP has led to a weakening of the Human Development Index (HDI). Consequently, Indonesia's HDI only increased by 0.03% to 71.94 points.

"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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