INDONESIA’S DIGITAL CREATIVE ECONOMY INSIGHT

The fast growth of digital innovation can no longer be neglected or denied, as it has had a significant influence on the world of creative thinking. Digital media can work as a medium for the circulation of innovative concepts that are born of the human mind. Making use of modern digital technology seems to have actually spread in all Creative Economy Sub-sectors, including Design, Film, Music, Fine Arts, and so on. The comfort used by modern digital technology has likewise increased creative outputs worldwide economy.

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The Creative Economy field in Indonesia is stone’s throw behind when it involves digital technology improvements among the globe’s countries. The growing market, which has progressively come to be the emphasis of the Indonesian government, remains to overgrow over the past 5 years. Data Indonesia noted that the Creative Economy added 922 trillion, or around 7.44% of the national economic climate in 2016. This number is anticipated to remain to increase substantially until 2019.

Last year, the Creative Economy’s GDP was approximated to have gotten to greater than one thousand trillion rupiahs. This figure will certainly continue to climb to over 1.2 thousand trillion in 2019. The Fashion, Craft, and Culinary Sub-sector will undoubtedly continue to lead the creative sector. Specifically, considering that these Sub-sectors are additionally somewhat extra resistant against global financial shocks.

At the same time, the weakening rupiah worth may come to be a benefit for some Creative Economy Sub-sectors in Indonesia. Creative items that make use of a lot of local basic materials such as Fashion and also Craft will end up being a lot more eye-catching in the worldwide market. Creative services will also be increasingly sought by international investors or buyers.

The most recent Statistics Indonesia data states that exports of creative products reached 19.99 billion United States dollars or comprising around 13.77 percent of complete nationwide exports. Exports of these creative items are also expected to remain to increase with growth above 3 percent, usually each year till 2019.

The creative economic climate possesses fantastic potential as well as can serve to relieve the problems of joblessness in various parts of the globe. Virtually 17 million employees were absorbed in the Creative Economy sector in Indonesia in 2016. This number is believed to continue to enhance to above 19 million workers in 2019.

BEKRAF – INDONESIA CREATIVE ECONOMY OUTLOOK 2019