Informality in Indonesia and middle-income trap

Informality in Indonesia and middle-income trap

Before the COVID-19 pandemic, Indonesia progressed positively by driving down workers in the informal sector from 65 percent in 2007 to 56 percent in 2019. The tide has turned because of the pandemic, and as a result, the number of informal workers jumped to almost 80 million workers, or 59 percent of total employment in 2023.

<https://www.thejakartapost.com/business/2024/08/07/informality-in-indonesia-and-middle-income-trap.html>