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MSMEs Absorb 97% of Indonesian Workers

23/11/2016 16:16 WIB

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MSMEs Absorb 97% of Indonesian Workers

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Micro, Small, and Medium Enterprises (MSMEs) play a vital role in Indonesia's economic structure. According to Bank Indonesia data, in 2016, the MSME sector dominated 99.9 percent of business units in Indonesia and absorbed almost 97 percent of Indonesia's workforce. Of this figure, micro businesses absorbed the most labor, up to 87 percent, while large businesses only absorbed 3.3 percent.

The emergence of MSME actors is expected to be a driver of domestic economic growth. However, driving the development of the MSME sector is not easy; many things need improvement, one of which is marketing methods. Amidst the current advancement of digital technology, the MSME sector must utilize the emergence of the digital economy phenomenon or e-commerce.

"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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MSMEs Absorb 97% of Indonesian Workers

MSMEs Absorb 97% of Indonesian Workers

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Related Data

Indonesian Worker Layoff Figures Throughout 2014-2025

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MSMEs Absorb 97% of Indonesian Workers

MSMEs Absorb 97% of Indonesian Workers

Tags

Related Data

Indonesian Worker Layoff Figures Throughout 2014-2025

25% of Indonesians Work More Than 49 Hours a Week in 2025

Domestic Workers, The Main Occupation of Indonesian Migrant Workers in 2025

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