Trend Analysis of the Development of Indonesian Cooperatives (Empirical Study for the Period 2012-2021)

Abstract

The development of Indonesian Cooperatives as a company cannot escape the dynamic conditions of changes in its environment. In the last decade, the development of Indonesian Cooperatives has been colored by the existence, implementation of Law (UU) Number 17 of 2012, and the Covid-19 pandemic. Descriptive method with trend analysis is used to explain how the development of Cooperatives for the period 2012-2021. The results show that: (1) the development of the Cooperative in the 2012-206 period was triggered by the implementation of Law Number 17 of 2012, (2) during the Covid-19 pandemic (2020-2022) at first it caused a shock that caused the cooperative business to contract, because many members attracted a lot but subsequently it turned out that aspects of the cooperative business, especially capital, business volume and operating surplus grew positively, with different percentage sizes. So it is confirmed that the development and growth of the cooperative business has a strong level of resilience during the covid-19 pandemic.