Money Circulation During Indonesian Eid-ul-Fitr Holiday


From Media Indonesia:

Money Turnover During the Eid ul-Fitr Holiday was Rp 11.55 trillion

The Ministry of Tourism and Creative Economy (Kemenparekraf) estimated that the money turnover during the 2012 Eid ul-Fitr holiday reached Rp 11.55 trillion. [1 US$ = Rp 9550]

“Using data from 2011, it is estimated that there will be 16.5 million domestic tourists going on holiday trips during the 10-day 2012 Eid ul-Fitr holiday period (Hoilday-3 to Holiday+6) leading to total transactions of Rp 11.55 trillion, ” said Director of Domestic Tourism Promotion M Faried in Jakarta.


This assumption was based on a calculation that there will be 6% to 7% mobility out of Indonesia’s 240 million population, with the average person spending Rp 700,000.

Faried said that the figures are proof that the domestic tourists’ contribution to the national economy is relatively large. Even though the average expenditure per domestic tourist was smaller compared to the average expenditure per foreign tourist, the number of local tourists is greater than foreign tourists. In addition, local tourists also have a more extensive travel plans which include remote areas. “In this case, local tourists play an important role as redistributor” he said.

This information is also supported with the fact that there is an increasing number of population in Indonesia, especially in urban areas, and at the same time, an increase in average household income. Furthermore, the reality that most women are working nowadays also contributed to an increase in domestic tourism.

Comments from Kaskus:


I don’t understand about the principle of economy, boss.
But with that amount of money, there shouldn’t be poor people in Indonesia, right?


Wow, so mantap, boss!
With that kind of money turnover, Indonesia is indeed a rich country! hahaha…


Wow, the pictures are all about the money.
It’s always the Indonesians’ tradition during Eid ul-Fitr holiday to show off their wealth!


If the money is used to buy crackers, then how many trucks of crackers can we get, boss? Hahaha…


What I know is to be more careful on the road since lots of ***CENSOR***
in uniform deliberately find faults with motorists so that they can buy new clothes for their family.


Consider this as a gift of the Eid ul-Fitr Holiday for the nation! haha…



mr dp:

Large money turnover = happy society =)


That’s crazy…
If only that money wasn’t subject to corruption in Indonesia, Indonesia would undoubtedly prosper! =(


Throw it over here please! 1-2 bundles is okay :p


A shift in values has occurred…
Nowadays, people would rather spending the money on shopping =(


That’s right, boss! People these days would rather to go to a mall more than going to the mosque for sholat tarawih.


Indonesians praying in Istiqlal Mosque on Eid-ul-Fitr


Wow, the money in the picture is really tempting me, boss. Do you know where is the warehouse location? I have a plan, boss hahaha…


Everything has to be brand new for Eid-ul-Fitr, not only clothing, even for money they have to exchange it first in the bank. This is only unique in Indonesia!


I thought that since we now have debit cards there’s no need to have that much cash nowdays hmmm….

What do you think? Is Indonesia really still considered a poor country?


Indonesians exchanging new money at the bank for Eid-ul-Fitr

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