Jakarta's Per Capita Income Trails Singapore and Kuala Lumpur Significantly
Executive Summary
Key insights and market outlook
Jakarta's per capita income reached $21,726 in 2024, placing it below major regional cities like Singapore ($90,674) and Kuala Lumpur ($29,774). This significant gap highlights Jakarta's position in the regional economic landscape and underscores the development challenges faced by Indonesia's capital city.
Deep Dive Analysis
Jakarta's Per Capita Income Analysis: Regional Comparison
Significant Gap with Regional Financial Hubs
Jakarta's per capita income reached $21,726 in 2024, according to recent data. While this represents a substantial figure, it is significantly lower compared to other major cities in Southeast Asia. Singapore, a global financial center, boasts a per capita GDP of $90,674, making it one of the highest in the world. Kuala Lumpur, Malaysia's capital, also surpasses Jakarta with a per capita income of $29,774. Even Bandar Seri Begawan, Brunei's capital, has a higher per capita GDP at $29,605, highlighting the economic disparity in the region.
Source References
Story Info
Topics Covered
Key Events
2024 Per Capita Income Data Release