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TOOL · GROSS COST

How much would a basic income cost in Indonesia?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 211,076,339child population 70,113,728year 2023World Bank WDI

GROSS ANNUAL COST

2,362,879 million

in IDRIDR 2,362,878,748,800

Equal to 0.0% of reference GDP

Population covered: 281,190,067 people

Adults: 211,076,339 × IDR 800 × 12 = IDR 2,026,332,854,400

Children: 70,113,728 × IDR 400 × 12 = IDR 336,545,894,400

IDR 2,026,332,854,400 + IDR 336,545,894,400 = IDR 2,362,878,748,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $1,371,166,925,750 · World Bank WDI

Currency IDR · exchange rate 15,236.8847 IDR/USD (2023)

Converted cost $155,076,238 for the GDP share.