Most MSMEs had returned to normal operations by March-April 2021.
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A Mandiri Institute survey shows that 84.8% of Indonesian Micro, Small, and Medium Enterprises (MSMEs) had returned to normal operations by March-April 2021. This percentage represents a significant increase compared to the previous year, when only 35.2% were operating normally.
Conversely, the percentage of MSMEs operating on a limited basis decreased significantly to 8.1% in March-April 2021. During the COVID-19 pandemic in 2020, 34.4% of MSMEs were operating under limited conditions.
Similarly, the number of MSMEs that ceased operations also decreased. In 2020, 30.4% of MSMEs had stopped operating. This figure dropped to 7.1% in March-April 2021.
Based on region, MSME penetration and sales remain concentrated in western and central Indonesia. Java leads with 74.9%, followed by Bali and West Nusa Tenggara (50%), Sumatra (36.9%), and Kalimantan (31.2%). Sulawesi and Papua are in the 25-26% range.
Mandiri Institute conducted this online survey of 505 Indonesian MSMEs. The survey, conducted in March-April 2021, aimed to assess MSME recovery and digital penetration.
"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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