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Indonesian MSMEs Increased by 1.98% in 2019

Dwi Hadya Jayani 12/08/2021 11:00 WIB

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Indonesia had 65.5 million MSMEs in 2019. This number increased by 1.98% compared to 2018, which had 64.2 million units.

Number of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia

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Indonesian MSMEs Increased by 1.98% in 2019

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Number of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia

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In 2019, Indonesia had 65.5 million micro, small, and medium enterprises (MSMEs). This figure represents a 1.98% increase compared to 2018, which recorded 64.2 million units.

Broken down, the number of micro-enterprises in 2019 reached 64.6 million. Small businesses numbered 798,700 units, while medium-sized businesses totaled 65,500 units.

These MSMEs accounted for 99.99% of the total business units in Indonesia. Large businesses constituted only 0.01% of the total domestic business units.

MSMEs also absorbed 119.6 million people, or 96.92% of Indonesia's total workforce. This figure increased by 2.21% from the previous year's 116.9 million.

Furthermore, MSMEs contributed 60.51% to the Gross Domestic Product (GDP) at current prices. Their contribution to GDP at constant prices reached 57.14%.

Meanwhile, non-oil and gas exports originating from MSMEs reached 339.2 trillion Rupiah in 2019. This amounted to 15.65% of Indonesia's total exports two years prior.

Editor : Dimas Jarot Bayu

"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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Indonesian MSMEs Increased by 1.98% in 2019

Indonesian MSMEs Increased by 1.98% in 2019

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Indonesian MSMEs Increased by 1.98% in 2019

Indonesian MSMEs Increased by 1.98% in 2019

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