Business · Economy · 1 hr ago

Indonesia Has 10 to 15 Years to Benefit From Its Demographic Bonus

Indonesia Has 10 to 15 Years to Benefit From Its Demographic Bonus

At a policy forum in Jakarta, Deputy Finance Minister Juda Agung warned Indonesia’s demographic opportunity is narrowing.

The country has a large working-age population, young people increasingly connected to technology and a broad domestic market.

Indonesia is in a favorable demographic period in 2026, but a large working-age population does not automatically create economic growth.

That depends on good education, relevant skills, health and enough jobs.

The opportunity could close within 10 to 15 years if job creation lags, workers’ skills do not match employers’ needs or productivity grows slowly.

Juda said Indonesia should avoid becoming an aging country before it becomes wealthy.

The dependency ratio is expected to rise again in 2035–2040 as the older, non-working population grows.

He called for higher worker productivity and companies able to compete in global markets.

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What people are saying

Juda AgungDeputy finance minister
The demographic bonus does not automatically become an economic bonus. A large working-age population will only be an advantage if they have adequate education, skills, health and job opportunities.
via Detik
If job creation lags, skills do not match needs, and productivity grows slowly, then the golden-period opportunity will be missed.
via CNN Indonesia
So, we must use this opportunity of the demographic bonus to increase workforce productivity and build companies that can compete in global markets.
via CNN Indonesia
In around 10-15 years, Indonesia still has the opportunity to make use of the demographic bonus with a large workforce, a young generation increasingly connected to technology, and a broad domestic market.
via Detik