Data Check: Indonesian Wealth Inequality Data Mentioned by Cak Imin
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Vice Presidential Candidate (cawapres) number 1, Muhaimin Iskandar, highlighted wealth inequality in Indonesia. This is evident in the wealth controlled by a small number of people.
He made this statement during the second 2024 Presidential and Vice Presidential Debate series themed "People's Economy, Digital Economy, Finance, Investment, Tax, APBN/APBD Management, Infrastructure, and Urbanization" at the Jakarta Convention Center on Friday (22/12/2023).
In the vision-mission presentation session, the man familiarly known as Cak Imin said, "Imagine, 100 Indonesians possess wealth exceeding the total population of Indonesia. This means it's an unjust situation."
Quoting data from the World Inequality Database, the average wealth of the richest 1% in Indonesia is indeed far above the national average. The average wealth of this richest 1% is also continuously increasing compared to the national average, which tends to be stagnant.
In 2000, the average wealth of the top 1% reached Rp 494 million. Meanwhile, the national average wealth was Rp 35.07 million. Twenty years later, in 2020, the average wealth of the top 1% soared to Rp 2.07 billion. Meanwhile, the national average wealth remained at Rp 142.2 million.
Also read: Economic Inequality in Indonesia Has Not Changed Much in the Last 20 Years
"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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