The figure is equivalent to 16 percent of Indonesia’s total GDP.

Jakarta Coordinating Minister for Economic Affairs Airlangga Hartarto has said that a quality young generation will have an important role as the driving force of national economic growth in the Society 5.0 era.

“The development of digital skills is projected to give contribution of Rp4,434 trillion to Indonesia’s gross domestic product (GDP) in 2030. The figure is equivalent to 16 percent of Indonesia’s total GDP,” he said in an official statement released here on Saturday.

A study conducted by Google, Temasek, and Bain & Company in 2021 pegged Indonesia’s digital gross merchandise value (GMV) at US$70 billion, or 40 percent of the total digital GMV of Southeast Asian countries.

Hence, the huge potential must be utilized for mutual prosperity as the value is estimated to continue to grow and reach US$146 billion by 2025.

“However, the development of the economic potential requires coordination and synergy with all parties, including universities, by encouraging the digitalization of learning programs,” the coordinating minister said.

The development of digital talent is also expected to promote the digitization of micro, small, and medium enterprises (MSMEs) in Indonesia.

MSMEs, along with entrepreneurs, have been among the pillars of national economic growth in the midst of the COVID-19 pandemic.

However, currently, the ratio of entrepreneurs in Indonesia is only 3.47 percent of the total population.

Source: Antara News