The employment in Indonesia’s aquaculture sector (marine and inland) has seen significant fluctuations. From a high of 3.99 million in 2016, there was a substantial drop, reaching 2.49 million in 2019. The trend stabilized slightly with minor increases year-on-year post-2019. By 2023, employment stood at 2.68 million. The five-year CAGR up to 2023 was -5.72%, indicating a declining trend over the recent past despite small recoveries each year from 2020 onwards.
Future trends to watch for:
- Continued stabilization as forecasted employment numbers from 2024 onwards show a steady, albeit slow, increase. By 2028, the employment is expected to reach 2.79 million with a CAGR of 0.62% from 2024 to 2028.
- Potential impacts of governmental policies, technological advancements in aquaculture, and sustainability practices improving sector efficiency, resulting in possibly higher employment rates than currently forecasted.
