In 2022, Indonesia's financial inclusion rate for pension funds was at around 5.42 percent, showing a decrease compared to 2019. In the same year, the literacy rate for pension funds was about 30.46 percent. This indicated that there was still a notable gap between literacy and inclusion level for pension funds in Indonesia.
Financial inclusion rate for pension funds in Indonesia in 2019 and 2022
Financial inclusion is defined as the availability of access for the population to utilize financial products and/or services in formal financial institutions based on their needs and ability for their welfare.
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Financial Services Authority (Indonesia). (November 24, 2022). Financial inclusion rate for pension funds in Indonesia in 2019 and 2022 [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1421047/indonesia-financial-inclusion-on-pension-funds/
Financial Services Authority (Indonesia). "Financial inclusion rate for pension funds in Indonesia in 2019 and 2022." Chart. November 24, 2022. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1421047/indonesia-financial-inclusion-on-pension-funds/
Financial Services Authority (Indonesia). (2022). Financial inclusion rate for pension funds in Indonesia in 2019 and 2022. Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1421047/indonesia-financial-inclusion-on-pension-funds/
Financial Services Authority (Indonesia). "Financial Inclusion Rate for Pension Funds in Indonesia in 2019 and 2022." Statista, Statista Inc., 24 Nov 2022, https://www.statista.com/statistics/1421047/indonesia-financial-inclusion-on-pension-funds/
Financial Services Authority (Indonesia), Financial inclusion rate for pension funds in Indonesia in 2019 and 2022 Statista, https://www.statista.com/statistics/1421047/indonesia-financial-inclusion-on-pension-funds/ (last visited December 25, 2024)
Financial inclusion rate for pension funds in Indonesia in 2019 and 2022 [Graph], Financial Services Authority (Indonesia), November 24, 2022. [Online]. Available: https://www.statista.com/statistics/1421047/indonesia-financial-inclusion-on-pension-funds/