Indonesia Rises Again to Upper Middle Class, Recovering From the Pandemic
The World Bank released news on July 1, 2023 that Indonesia was again included in the Upper Middle-Income Country (UMIC) group amid various global pressures and uncertainties. According to the World Bank, Indonesia’s Gross National Income (GNI) per capita has increased by 9.8% to USD 4,580 in 2022. Even though Indonesia still has a long
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