Indonesian MSMEs are predominantly run by Generation X.

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Erlina Fury Santika 02/02/2023 16:56 WIB

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Indonesian SMEs are predominantly run by Generation X.

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Indonesian MSMEs are predominantly run by Generation X.

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SME Business Owners by Age Group (2022)

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Micro, Small, and Medium Enterprises (MSMEs) entrepreneurs come from a variety of generations. However, data obtained from the Ministry of Cooperatives and Small and Medium Enterprises (Kemenkop UKM) shows that Generation X constitutes the largest group in this field.

The number of Generation X MSME entrepreneurs reaches 45,000. Milenials are second, with 34,000 entrepreneurs.

Third are Baby Boomers, with 16,000 entrepreneurs. Fourth are Pre-Boomers, with 2,500 entrepreneurs.

Younger generations, such as Generation Z, only rank fifth with 1,600 entrepreneurs. Last is Post-Generation Z, with only 128 entrepreneurs.

Kemenkop UKM has not defined the age differences between these generations. However, a similar classification is also used by BPS (Statistics Indonesia), borrowing from William H. Frey's *Analysis of Census Bureau Population Estimates* (June 25, 2020).

Post-Generation Z are those born in 2013 and later. Generation Z are those born between 1997 and 2012.

Millennials are classified as those born between 1981 and 1996. Generation X are those born between 1965 and 1980.

Baby Boomers (or Boomers) are those born between 1946 and 1964. Pre-Boomers are those born in 1945 and before.

(Also read: The Number of MSMEs in Indonesia Throughout 2022, Which Province Had the Most?)

Editor : Erlina Fury Santika

"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 are predominantly run by Generation X.

Indonesian MSMEs are predominantly run by Generation X.

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Indonesian MSMEs are predominantly run by Generation X.

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