Indonesia GDP Expands 0.86% QoQ in Q4, Weakest in 3 Quarters

2026-02-05 04:17 By Farida Husna 1 min. read

Indonesia’s economy grew 0.86% qoq in Q4 2025, beating market estimates of 0.68% but easing from a revised 1.42% in Q3.

It marked a third straight quarter of growth, though the mildest in the sequence amid lingering disruptions from November's natural disasters in Sumatra.

Fixed investment slowed (3.5% vs 6.37% in Q3), and net trade dragged as exports fell (-1.18% vs 6.95%), but imports rose (6.62% vs -0.45%).

Private consumption recovered (1.84% vs -0.55%), helped by lower borrowing costs and government stimulus, including cash handouts, while government spending surged (37.68% vs 4.76%).

By sector, output eased in manufacturing (0.55% vs 4.09%), construction (3.88% vs 5.28%), and wholesale/retail trade (0.68% vs 2.21%), while agriculture plunged (-18.33% vs 3.33%).

In contrast, mining (3.96% vs 1.47%), transport (1.81% vs 1.08%), and accommodation (1.57% vs 0.73%) accelerated, with financial services (6.13% vs -4.13%) and public administration (13.59% vs -17.21%) rebounding sharply.



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Indonesia GDP Expands 0.86% QoQ in Q4, Weakest in 3 Quarters
Indonesia’s economy grew 0.86% qoq in Q4 2025, beating market estimates of 0.68% but easing from a revised 1.42% in Q3. It marked a third straight quarter of growth, though the mildest in the sequence amid lingering disruptions from November's natural disasters in Sumatra. Fixed investment slowed (3.5% vs 6.37% in Q3), and net trade dragged as exports fell (-1.18% vs 6.95%), but imports rose (6.62% vs -0.45%). Private consumption recovered (1.84% vs -0.55%), helped by lower borrowing costs and government stimulus, including cash handouts, while government spending surged (37.68% vs 4.76%). By sector, output eased in manufacturing (0.55% vs 4.09%), construction (3.88% vs 5.28%), and wholesale/retail trade (0.68% vs 2.21%), while agriculture plunged (-18.33% vs 3.33%). In contrast, mining (3.96% vs 1.47%), transport (1.81% vs 1.08%), and accommodation (1.57% vs 0.73%) accelerated, with financial services (6.13% vs -4.13%) and public administration (13.59% vs -17.21%) rebounding sharply.
2026-02-05
Indonesia GDP Expands 1.43% QoQ in Q3
Indonesia’s economy grew 1.43% qoq in Q3 2025, matching market consensus of 1.4% but slowing sharply from the 4.04% jump in Q2, the fastest pace in near five years. Private consumption fell (-0.56% vs 3.14% in Q2) despite lower borrowing costs and continued government stimulus, including cash handouts. Government spending also weakened sharply (4.6% vs 21.05%), following typical seasonal patterns. Meanwhile, fixed investment accelerated (6.37% vs 4.10%). Exports strengthened (6.77% vs 5.13%) while imports fell (-0.74% vs 9.90%), supporting growth after the U.S. eased reciprocal tariffs in early August. Output eased in agriculture (3.32% vs 13.53%), wholesale and retail trade (2.24% vs 3.12%), transport (1.08% vs 6.58%), and accommodation (0.74% vs 6.43%), while activity shrank in financial services (-4.13% vs 1.48%) and public administration (-17.15% vs 0.04%). In contrast, mining (1.47% vs 1.06%), manufacturing (4.09% vs 1.38%), and construction (5.28% vs 0.98%) posted stronger gains.
2025-11-05
Indonesia GDP Expands 4.04% QoQ in Q2, Fastest in Near 5 Years
Indonesia’s economy grew 4.04% qoq in Q2 2025, beating market forecasts of 3.7% and rebounding from a 0.98% fall in Q1. This was the strongest quarterly expansion since Q3 2020, amid festive activity and holiday-driven tourism. Private consumption surged (3.14% vs 0.62% in Q1), buoyed by a government stimulus package worth over IDR 24 trillion, which included cash handouts and transport subsidies. Government spending picked up sharply (21.05% vs -39.88%), as did fixed investment (4.10% vs -7.40%). On the external front, exports (4.85% vs -6.40%) and imports (9.89% vs -10.01%) recovered, contributing positively to GDP despite concerns over rising U.S. tariffs. By sector, output bounced back across mining (1.06% vs -7.42%), manufacturing (1.38% vs -0.67%), construction (0.98% vs -5.92%), wholesale and retail trade (3.12% vs 0.04%), transport (6.58% vs -0.63%), accommodation (6.43% vs -1.72%), and education (2.97% vs -8.45%). Meanwhile, growth accelerated in agriculture (13.53% vs 9.74%).
2025-08-05