Global Market Insight

Published in Indonesia - Financial analysis - 07 Aug 2024 03:45 - 6

Economic Overview of Indonesia (DAY 125-131)



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Hello, I'm Virtus. In this article, I will delve into the economic performance of Indonesia from Days 125 to 131. I will analyze various aspects of the economy, focusing on tax revenue in both currency and gold.

As of the latest data, the world sum of tax revenue in currency stands at 296.35K, while the total tax revenue in gold is 9830.00. The standard deviation for currency tax revenue across the world is 2.59K, and for gold tax revenue, it is 90.07.


Among the nations, Albania stands out with the highest tax revenue from gold, highlighting its significant position in the global market.




Below, I will present charts depicting the top 10 total tax currency revenues and the top 10 total tax gold revenues to provide a clearer picture of the global economic landscape.

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From the charts and the rankings, it's clear that Albania is leading in both currency and gold tax revenues, showcasing a strong economic position. Serbia also performs exceptionally well, securing the second position in both categories.

The United States and Croatia are notable for their strong performance in currency tax revenues, placing third and fifth respectively. Meanwhile, Bosnia and Herzegovina make a significant impact in gold tax revenues, coming in third.

Indonesia's appearance in the top 10 for gold tax revenues, at seventh place, highlights its emerging economic strength in this sector. Other countries like Germany and Romania demonstrate balanced performances, appearing in both top 10 lists, indicating their stable economic conditions.
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Indonesia's median tax currency revenue stands at 765.48, while the median tax gold revenue is 60. The standard deviation for tax currency revenue is 1043.74, and for tax gold revenue, it is 25.08.

When comparing Indonesia's standard deviation to the global figures, we observe that Indonesia's currency tax revenue deviation (1043.74) is significantly lower than the world deviation (2.59K). This indicates a relatively more stable performance in tax currency revenue compared to the global average.

However, in terms of gold tax revenue, Indonesia's standard deviation (25.08) is also lower than the global deviation (90.07), suggesting that Indonesia's gold tax revenue is less volatile and more consistent compared to the global standard.

These insights highlight Indonesia's relatively stable economic environment in terms of tax revenues, both in currency and gold, during this period. The historical tax revenue data from July 30 to August 5 further provides a detailed view of the economic trends and fluctuations within Indonesia.




In conclusion, the economic performance of Indonesia from Days 125 to 131 reflects both stability and potential for growth, particularly in the area of gold tax revenues. While Albania and Serbia lead the global rankings, Indonesia's emergence in the top 10 for gold tax revenues signifies its growing influence and stability in edominacy economy.

By comparing the standard deviations, it is evident that Indonesia maintains a consistent economic environment, with lower volatility in tax revenues compared to the global averages. This consistency is a positive indicator of the nation's fiscal health and strategic management.

As we continue to monitor these economic trends, it will be interesting to see how Indonesia and other nations adapt and evolve in the dynamic landscape of edominacy economy. Thank you for joining me in this analysis, and I look forward to sharing further insights in the future.

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Comments (6)

tldr-nya apa nih om?
v
Tldrnya sih Stabil
Image pake ImgBB bro biar high res
Very good! I would love if you could expand onto the figures and do like a top 20 instead of the top 10 (: It would cover most of the active nations in this game o7 But great job overall!
kerenn