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National Income of Indonesia 2019-2023

National Income of Indonesia 2019-2023
Catalog Number : 9301001
Publication Number : 07100.24003
ISSN/ISBN : 0854-6959
Release Date : June 26, 2024
File Size : 16.73 MB

Abstract

National income is one of the indicators that plays a significant role in describing the relationship between the welfare or prosperity of a country and its economic conditions. Welfare measures and economic linkages are depicted by the ability to produce various products, create income, consume, and increase the assets owned by the people of a country over a period of time.Based on the 2008 SNA, national income and GDP are two different concepts.Despite its distinct concept differences, GDP plays a prominent role in producing indicators of national income.Gross Domestic Product (GDP) is an economic indicator commonly used by many countries for various purposes compared to Gross National Income.Although national income is a more unequivocal indicator to describe the level of welfare of a country, GDP is still widely used because its calculation process is convenient and conducive when comparing it to other countries. Given these conditions, this publication will further discuss the calculation method and analysis of the economic structure based on the GDP indicator.This publication presents descriptive data and provides an outlook on the economic development of Indonesia during 2019-2023. The economic performance is depicted by the Gross Domestic Product (GDP) table and its related indicators, both at current and constant 2010 prices, as well as in values and percentages.
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