Indonesia Q1 GDP Growth Strongest Since 2022

2026-05-05 04:16 By Chusnul Chotimah 1 min. read

Indonesia’s GDP expanded 5.61% year-on-year in Q1 2026, accelerating from 5.39% in Q4 and exceeding market expectations of 5.3%.

It marked the fastest yearly growth since Q3 2022, boosted by an acceleration in private consumption (5.52% vs 5.11%), amid support measures to boost spending during the festive season.

Government expenditure picked up (21.81% vs 4.55%), while fixed investment stayed robust (5.96% vs 6.12%).

On the trade front, exports slowed sharply (0.90% vs 3.25%), reflecting growing supply chain disruptions linked to the geopolitical tensions, while imports surged (7.18% vs 3.96%) on solid domestic demand.

By sector, activity strengthened in wholesale/retail trade (6.26% vs 6.07%), construction (5.49% vs 3.89%), and accommodation and food services (13.14% vs 7.15%), but eased in manufacturing (5.04% vs 5.40%) and information and communication (7.14% vs 8.09%).

The economy expanded 5.11% in 2025, below the government’s 5.2% target, with growth projected at 5.4% this year.



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Indonesia Q1 GDP Growth Strongest Since 2022
Indonesia’s GDP expanded 5.61% year-on-year in Q1 2026, accelerating from 5.39% in Q4 and exceeding market expectations of 5.3%. It marked the fastest yearly growth since Q3 2022, boosted by an acceleration in private consumption (5.52% vs 5.11%), amid support measures to boost spending during the festive season. Government expenditure picked up (21.81% vs 4.55%), while fixed investment stayed robust (5.96% vs 6.12%). On the trade front, exports slowed sharply (0.90% vs 3.25%), reflecting growing supply chain disruptions linked to the geopolitical tensions, while imports surged (7.18% vs 3.96%) on solid domestic demand. By sector, activity strengthened in wholesale/retail trade (6.26% vs 6.07%), construction (5.49% vs 3.89%), and accommodation and food services (13.14% vs 7.15%), but eased in manufacturing (5.04% vs 5.40%) and information and communication (7.14% vs 8.09%). The economy expanded 5.11% in 2025, below the government’s 5.2% target, with growth projected at 5.4% this year.
2026-05-05
Indonesia Q4 GDP Growth Highest in Over 3 Years
Indonesia’s GDP advanced 5.39% yoy in Q4 2025, accelerating from 5.04% in Q3 and surpassing market expectations of 5.01%. It was the strongest yearly growth since Q3 2022, boosted by solid private consumption (5.11% vs 4.89% in Q3) on continued government support measures and lower borrowing costs, even as government spending slowed (4.55% vs 5.66%). Also, fixed investment gained traction (6.12% vs 5.04%). However, net trade was less supportive, with export growth sharply easing (3.25% vs 9.14%) while imports picked up (3.96% vs 0.86%). By sector, output quickened in agriculture, forestry and fishing (5.14% vs 4.93%), wholesale/retail trade (6.07% vs 5.46%), transport and warehousing (8.98% vs 8.62%), and finance and insurance (7.92% vs 0.77%). For the full year, GDP rose 5.11%, below the government’s 5.2% target, reflecting the impact of natural disasters in three provinces, though still the strongest annual growth in three years. For 2026, the economy is expected to grow by 5.4%.
2026-02-05
Indonesia Economy Seen Hitting 2025 Growth Target
Indonesia’s economy is expected to have met its 5.2% growth target for 2025 despite flood-related damage late last year, with economic momentum seen strengthening in the fourth quarter, Finance Minister Purbaya Yudhi Sadewa said on Tuesday. Official data showed GDP growth eased to 5.04% year on year in Q3 from 5.12% previously, which had marked the fastest pace since mid-2023. Fourth-quarter figures are scheduled for release next week, on February 5. For this year, the government kept its 2026 growth target unchanged at 5.4%.
2026-01-28