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Indonesia's Tax-to-GDP Ratio Lags Vietnam and Cambodia, Revenue Gap Highlighted

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Hashim Djojohadikusumo, chairman of the Indonesian Chamber of Commerce and Industry, stated that Indonesia's state revenue amounted to 12 percent of GDP. He noted that this figure is lower than Cambodia's 18 percent and Vietnam's 23 percent. Hashim attributed the low revenue to weak tax collection, arguing that Indonesia could generate an additional US$82.6 billion annually if it matched Cambodia's ratio.

From thejakartapost.com

Why it matters

Some supportBrind's analysis of the reports

The low tax-to-GDP ratio suggests a significant gap in state revenue collection for Indonesia. Hashim cited World Bank estimates indicating that 30 to 40 percent of economic activity in Indonesia remains unrecorded, underscoring the potential for increased state funding.

From thejakartapost.com

Who's involved

  • IndonesiaThe country whose state revenue and tax collection efficiency are under review.
  • CambodiaCountry cited for having an 18 percent tax-to-GDP ratio.
  • VietnamCountry cited for having a 23 percent tax-to-GDP ratio.
  • chamber of commerce and industryOrganization whose chairman made the statement regarding state revenue.
  • Prabowo SubiantoThe President of the Republic of Indonesia, whose brother made the statement.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • IndonesiaSpeculative

    Indonesia could see increased state revenue if the gap in tax collection is closed.

Possible ripples

Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.

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The entities involved

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Coverage

Newest first; wire copies grouped