Value of Assets Increased Fivefold

Posted on December 31st, 2010 at 12:18 pm by Farah Fitriani


this is another proof that Indonesia’s economic is growing faster lately.

The value of assets held by Indonesians has increased fivefold over the past decade according to the 2010 Global Wealth Survey in Geneva, which was run by the Swiss-based Credit Suisse.

Lana Soelistianingsih, an economist from PT Samuel Sekuritas Indonesia, said the middle income group has continued to grow steadily, with the group’s per capita income increasing by 4 percent.

The dependency ratio between the employed and unemployed in 37 percent, she said. “That is much lower than the dependency ratio in Japan which is 77 percent,” Lana said in Jakarta yesterday.

The economic activities of the middle-income group have also increased. This group does not only save money in the bank, but also supports non-conventional financial products, such as insurance and mutual funds.

News Source : Tempo Interactive

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