Indonesian Citizens Face Life Cycle Deficit of Rp1,083 Trillion, Income and Consumption Imbalanced

Indonesian citizens are collectively experiencing a life cycle deficit, where the amount of income received is insufficient to cover consumption valued at Rp1,083.9 trillion. This data was revealed by Deputy Head of the Central Statistics Agency (BPS), Sonny Harry Budiutomo Harmadi, at Bappenas in Jakarta on Monday (6/4/2026). Sonny stated that calculations show household consumption in Indonesia for 2024 amounted to Rp13,024.4 trillion, while labour income reached Rp11,940.5 trillion in 2024. “This means the total income earned from work by our population is not yet sufficient to meet the total consumption of Indonesians,” said Sonny. According to his presentation, per capita consumption among Indonesians peaks at age 17, estimated at Rp57.48 million per capita. However, this large expenditure is not matched by income levels because individuals have not yet entered working age. Based on Sonny’s presentation, the age group experiencing the life cycle deficit is under 16 years, at Rp55.22 million per capita. Thus, young ages contribute the largest figure to the life cycle deficit. The aggregate deficit among young people is recorded at Rp3,482 trillion. The deficit level decreases as age increases and life cycles shift from being supported by parents to independent workers. Sonny said the young people’s deficit cycle will on average turn into a surplus category at age 25. On the other hand, the peak surplus condition for an individual occurs at age 42, with a value of Rp33.36 million. In general, the surplus range for Indonesians lasts 35 years from age 25 to 60, or when entering old age. This is because the elderly in Indonesia have needs but no income.