the number of dollar millionaires in Indonesia should increase by more than half over the next five years, growth in emerging markets remains robust despite the recent slowdown, according to a recent study by Credit Suisse Research Institute.
In its sixth annual Global Wealth report, Credit Suisse estimates that nearly 151,000 millionaires will reside in Indonesia by 2020, compared to 98,000 today, placing it among the top 20 nations with the largest number of rich people obscene after China.
"The growing number of millionaires is often taken as a sign of the health of an economy and reflects its ability to generate wealth at the top end," said Credit Suisse report.
Overall, Credit Suisse expects the number of millionaires increase by 46 percent to 49.3 million adults, the largest increase in China.
The annual report projects the wealth in the country in anticipation of financial and non-financial components of wealth from the data of the last report the World Economic Outlook of the International Monetary Fund.
Indonesia currently hosts about 136,000 people who provide in luxury with the top one percent of the holders of global wealth today, 987 of which have a net worth of $ 50 million, according to Credit Suisse .
Source: Credit Suisse