Economic Losses from Flooding in Jakarta Reach IDR 2 Trillion Annually

Key Summary:
- Flooding in Jakarta costs around IDR2tn annually in economic lost
- Multiple factors like weather, infrastructure, land subsidence and more
- Many different Governors have put forward solutions, to no avail
Over the past decade, Jakarta’s flood-related economic losses have trended lower compared to the early 2010s, though they remain substantial at around IDR2tn on average annually.
Context: Jakarta has long been plagued by recurring floods, making it almost an annual crisis that negatively impacts its residence, especially affecting the low-middle income household.