Government Assets Increased to Rp11.45 Quadrillion in 2021

Economics & Macro

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Viva Budy Kusnandar 20/07/2022 11:00 WIB

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Indonesia's government assets increased by 3.21% in 2021 compared to the previous year, and have even surged by 92.57% over the past four years.

Indonesia's Government Assets, Liabilities, and Equity (2017-2021)

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Government Assets Increased to Rp11.45 Quadrillion in 2021

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Indonesia's Government Assets, Liabilities, and Equity (2017-2021)

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Based on data from the Ministry of Finance, Indonesia's government assets at the end of 2021 reached Rp11.45 quadrillion. This figure increased by Rp356 trillion, or grew by 3.21%, from the previous year.

Compared to 2017, government assets have surged by 92.57%, as shown in the graph.

Government liabilities in 2021 reached Rp7.54 quadrillion, an increase of Rp913 trillion or 13.78% from the previous year. Government liabilities also grew by 71.05% over the past four years.

The increase in liabilities in 2021 caused government equity to fall to Rp3.91 quadrillion, a decrease of Rp557 trillion or a contraction of 12.45% from the previous year. However, over the past four years, government equity has surged by 154.12%.

At the end of 2021, government debt accounted for 65% of its total assets. Therefore, although government liabilities at the end of 2021 were very large, they could still be paid with the assets owned by the government.

Here is a breakdown of Indonesian government assets as of 2021:

* Current Assets: Rp769.16 trillion
* Long-Term Investments: Rp3,478.35 trillion
* Fixed Assets: Rp5,947.12 trillion
* Long-Term Receivables: Rp54.30 trillion
* Other Assets: Rp1,205.75 trillion
* Total Assets: Rp11,454.67 trillion

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."

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Government Assets Increased to Rp11.45 Quadrillion in 2021

Government Assets Increased to Rp11.45 Quadrillion in 2021

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Government Assets Increased to Rp11.45 Quadrillion in 2021

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