In Indonesia, the wealthiest 1% control 49% of the national wealth.

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10/01/2017 15:15 WIB

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Percentage of National Wealth Held by the Richest 1%

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Percentage of National Wealth Held by the Richest 1%

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Swiss financial institution, Credit Suisse, released research on wealth inequality in various countries. Indonesia is among the top nine countries with the most uneven wealth distribution. Just one percent of the wealthiest individuals in Indonesia control 49.3 percent of the national wealth.

Indonesia's wealth concentration in the richest one percent is the fourth worst globally, after Russia (74.5 percent), India (58.4 percent), and Thailand (58 percent). Furthermore, if expanded to the wealthiest ten percent, their control reaches 75.7 percent of national wealth. This inequality in Indonesia poses a serious problem for the domestic economy that needs immediate resolution.

"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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In Indonesia, the wealthiest 1% control 49% of the national wealth.

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In Indonesia, the wealthiest 1% control 49% of the national wealth.

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