JURNAL PERKEMBANGAN EKONOMI INDONESIA

Authors

  • Ardiansyah Dalimunthe Universitas Islam Negeri Sumatera Utara
  • Al habib Nasution Universitas Islam Negeri Sumatera Utara
  • Ahmad Wahyudi Zein Universitas Islam Negeri Sumatera Utara

DOI:

https://doi.org/10.61722/jaem.v3i3.11564

Keywords:

Economic Growth, Per Capita Income, Life Expectancy, Average Years of Schooling, Economic Agents, Government Expenditure.

Abstract

This study examines the key determinants of economic growth in Indonesia, focusing on per capita income, life expectancy, average years of schooling, the role of economic agents, and government expenditure. A literature review approach was employed by analyzing and synthesizing  findings from previous studies related to economic growth. The analysis reveals that higher per capita income contributes positively to economic expansion by increasing public purchasing power and economic activity. In addition, households, bussines, and government institutions play crucial roles in supporting economic development through production, distribution, and consumption activities. Government expenditure is also identified as a significant driver of growth, particularly through investments in infrastructure, public services, and development-oriented fiscal policies. Furthemore, human capital indicators, such as life expectancy and educational attainment, contribute to economic performance by enhancing workforce productivity and quality. Overall, sustainable economic growth in Indonesia is shaped by the interaction of economic conditions, human capital development, effective economic actors, and supportive government policies.

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Published

2026-06-27