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Home  >>  Daily News  >>  Indonesia News >>  Economy  >> Indonesia: Creative industries contribute 7.5% to export earnings

9 February 2010

Indonesia: Creative industries contribute 7.5% to export earnings

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Indonesian Trade Minister Mari Elka Pangestu said the contribution of creative industries to Indonesia’s non-oil/non- gas exports reached around 7.5 percent or 114.9 trillion rupiah, reported the Antara news agency. (1$=9390 rupiah)

"Creative industries contributed around 7.5 percent to our non-oil/non-gas export performance," she said in a dialogue with 400 senior high school students at the ministry`s auditorium on Monday.

She said creative industries` contribution to the country`s gross domestic product in 2008 reached 7.28 percent or 151 trillion rupiah and created employment for 7.7 million people.

Of 14 sub-sectors of creative industries, fashion, handicrafts, advertising and designing contributed 43, 25, 8.0 and 6.0 percent respectively to the country`s GDP.

"The contribution from fashion and handicrafts reached 70 percent. Other sub-sectors have the potential to be further developed," she said.

In view of that she said the government is now formulating a tax facility that could encourage the growth of the creative economy as the main problem faced by creative economic players are capital.

"That is the program of the finance minister. That is what we have to fight and develop. Is there a new formula for us to develop for the creative industry," she said.

The minister said the potential growth of the creative economy in the next five to ten years would increase from 7.28 percent to nine percent.

"According to me the potential is huge. The source is creative people. There are lot of young people, demographically numbering almost 50 percent of the Indonesian population and aged below 29 years. The productive people plus these young men could be a promising market," she said.


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