Indonesia's Financial Resilience Among the Worst in the World
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The Organisation for Economic Co-operation and Development (OECD) released the results of a survey on financial resilience in several countries. The organization measured the time respondents could survive without borrowing if they lost their primary source of income.
Approximately 46% of respondents in Indonesia said they could only survive for one week, not significantly different from Montenegro and Georgia, which had the highest figures at around 50%. The remainder could survive between one and six months or more (33%), while 22% did not answer.
Meanwhile, Asian countries showed better results. 55% of respondents in Hong Kong and 37% in South Korea could survive for more than six months. In Malaysia, the largest percentage of respondents (30%) said they could survive for one month.
"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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