MSMEs in Agriculture, Digital Technologies Contribute Greatly to Indonesia Economy

It was previously reported that the MSMEs have contributed 8,573.9 trillion rupiahs ($597 billion) or 61.07 percent to the gross domestic product (GDP), higher than large businesses which stood at 5,464.7 trillion ($382 billion).

Amid waves of layoffs, the MSME sector absorbed 117 million workers or 97 percent of the total workforce in the country.

To cope with the Covid-19 challenges, the Ministry of Cooperatives and Small and Medium Enterprises encouraged Indonesian MSMEs to embrace the digital ecosystem by promoting their products via e-commerce platforms.

(Writer: Elsa Catriana | Editor: Bambang P. Jatmiko)

Source: https://money.kompas.com/read/2021/08/18/162023126/menurut-menkop-2-kelompok-umkm-ini-berkontribusi-besar-ke-pertumbuhan-ekonomi