Table of Contents
What is considered high income in Indonesia?
The classifications, which are updated annually on July 1, are based on gross national income (GNI) per capita. Countries with a GNI per capita of below $1,036 are considered low income and those with a GNI per capita of $12,535 are considered high income.
Is Indonesia considered a low income country?
With its economy impacted by the pandemic, Indonesia went from upper-middle income to lower-middle income status as of July 2021. The pandemic also curtailed Indonesia’s achievement in reducing its poverty rate, from the record-low of 9.2 percent in September 2019 to 10.4 percent as of March 2021.
Who is the richest family in Indonesia?
Robert Budi Hartono
2020 Indonesia’s 50 Richest People
| Rank | Name | Net Worth (U.S. Dollars) |
|---|---|---|
| 1 | Robert Budi Hartono and Michael Bambang Hartono | 38.8 billion |
| 2 | Widjaja family | 11.9 billion |
| 3 | Prajogo Pangestu | 6 billion |
| 4 | Anthoni Salim | 5.9 billion |
What is considered a rich person in Indonesia?
There is a several different standard to be considered as a rich person in Indonesia. Depend on where do you live. If you live at the big city such as Jakarta, own a small house, middle class car, have an income about Rp.10.000.000,- /month (or about US$700) then you are just a middle class person.
Is there a middle class in Indonesia?
Indonesia is thought to have about 170 provincial towns with a population of between 50,000 and 1 million. Residents of these 170 towns, spread throughout the archipelago, make up one-quarter of the population of Indonesia. In the view of the researchers, these provincial town residents reflect the true Indonesian middle class.
Is there any local tax on individual income in Indonesia?
There are no local taxes on individual income in Indonesia.
What is the inheritance tax rate in Indonesia?
There are no inheritance, estate, and gift taxes in Indonesia. Income from lottery prizes is subject to a 25\% final income tax.