Indonesia Q3 GDP Annual Growth Eases to 5.04%

2025-11-05 04:10 By Chusnul Chotimah 1 min. read

Indonesia’s GDP expanded 5.04% yoy in Q3 2025, broadly matching market expectations of 5.0% but easing slightly from 5.12% in Q2, the steepest growth since Q2 2023.

The moderation was mainly driven by softer private consumption (4.89% vs 4.97% in Q2) and easing fixed investment growth (5.04% vs 6.99%).

Exports slowed slightly (9.91% vs 10.95%), reflecting persistent global trade uncertainty, while import growth deteriorated (1.18% vs 11.48%), pressured by weaker purchasing power and depreciating rupiah.

Still, government spending rebounded strongly (5.49% vs -0.33%), helping to cushion overall growth.

By sector, output growth softened in manufacturing (5.54% vs 5.68%), construction (4.21% vs 4.98%), and finance & insurance (0.77% vs 3.2%), while mining activity contracted (-1.98% vs 2.03%).

For 2025, the government maintained its GDP growth target at 5.2%, supported by fiscal prudence, expectations of further monetary easing by the central bank, and relief from lower U.S.

tariffs.



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