Economy Indonesia News

Indonesia Returns to Mid-Income Status

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Indonesia has returned to the rank of an upper-middle-income country, marking the bounce back of its economy following the pandemic.

The country’s gross national income (GNI) per capita, which measures the sum of money a nation earns divided by its population, reached US$4,580 last year. It increased by 9.8% from the previous year, according to the World Bank.

Countries earning over $4,466 in GNI per capita receive the upper-middle-income status from the World Bank.

Read the original news HERE.

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