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No Guarantee Indonesia Will Reach High-Income Country Status: Finance Chief Sri Mulyani

July 8, 2020, 02.02 AM

A low-income country has a GNI per capita of $1,035.

A lower-middle income’s GNI per capita range is between $1,036 and $4,045.

An upper-middle-income country has a GNI per capita range between $4,046 and $12,535.

Lastly, a high-income country has a GNI per capita of more than $12,535.

Read also: Stimulus Package to Jolt Indonesia’s Economy in Q3: Senior Minister Airlangga Hartarto

Previously, Finance Minister Sri Mulyani said that Indonesia would need 23 years to become an upper-middle-income country.

Her previous statement was based on her assessment of other countries such as Brazil, Malaysia, and Mexico. They needed 25 years, 22 years, and 28 years respectively to be upgraded to an upper-middle-income country. 

(Writer: Mutia Fauzia | Editor: Bambang P. Jatmiko) 

Source: https://money.kompas.com/read/2020/07/07/165029826/ri-jadi-upper-middle-income-country-sri-mulyani-belum-tentu-kita-jadi-high

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