Indonesia Unemployment Rate - Forecast

Unemployment Rate in Indonesia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Indonesia to stand at 5.70 in 12 months time. In the long-term, the Indonesia Unemployment Rate is projected to trend around 6.00 percent in 2020, according to our econometric models.


Indonesia Unemployment Rate
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Indonesia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5.5 5.4 5.4 5.5 5.7 6
Employed Persons 124538849 124012136 124012136 126278988 127751548 133010026
Unemployed Persons 7005262 7380609 7380609 6945408 7380609 7509728
Labor Force Participation Rate 69.02 68.8 68.8 67.8 68.8 69.1
Wages in Manufacturing 2636846 3012000 3221000 3342000 3602000 4562000
Minimum Wages 3.6 3.6 3.6 3.6 3.6 4.1
Population 259 260 261 261 262 269
Retirement Age Women 58 58 58 58 58 60
Retirement Age Men 58 58 58 58 58 60
Living Wage Family 2869600 3000000 3000000 3000000 3000000 3100000
Living Wage Individual 1678100 1585268 1573722 1562177 1550632 1586136
Wages Low Skilled 3080800 4000000 4000000 4000000 4000000 4500000
Wages High Skilled 4951000 5000000 4800000 4800000 4800000 5700000