Indonesia Had the Highest Gross National Income in ASEAN in 2021

Economics & Macro

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Viva Budy Kusnandar 23/08/2022 11:10 WIB

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According to World Bank data, Indonesia's Gross National Income (GNI) reached US$1.15 trillion in 2021, the highest in ASEAN.

Gross National Income of 10 ASEAN Member States (2021)

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Indonesia Had the Highest Gross National Income in ASEAN in 2021

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Gross National Income of 10 ASEAN Member States (2021)

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According to World Bank data, in 2021, Indonesia's Gross National Income (GNI) reached US$1.15 trillion, or approximately Rp16.84 quadrillion (at an exchange rate of Rp14,200 per US$).

This figure is the largest compared to other ASEAN member countries. Indonesia's GNI share also reached 35.97% of the total GNI of the 10 ASEAN countries, which amounted to US$3.21 trillion in 2021.

The next largest ASEAN country by GNI in 2021 was Thailand, reaching US$488.18 billion. This was followed by the Philippines at US$408.17 billion, Malaysia at US$361.55 billion, and Singapore at US$349.15 billion.

Next were Vietnam with a GNI of US$346.68 billion, Myanmar at US$63.34 billion, Cambodia at US$25.55 billion, Laos at US$17.69 billion, and Brunei Darussalam at US$12.37 billion (2020).

GNI, also known as Gross National Income, is the total value of goods and services produced by a country in a given period and can be measured in monetary units.

GNI is calculated by summing the value of goods and services produced by a country's residents, plus the income of those residents from abroad, then subtracting the income of foreign residents within the country.

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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Indonesia Had the Highest Gross National Income in ASEAN in 2021

Indonesia Had the Highest Gross National Income in ASEAN in 2021

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Indonesia Had the Highest Gross National Income in ASEAN in 2021

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