Last updated: September 11, 2026
Indonesia’s economic growth has displayed robust momentum over recent quarters. Real GDP growth, measured year-on-year, ranged from a low of Q1 2025: 4.94% to a high of Q1 2026: 5.38%, before registering Q2 2026: 5.3%. Data for the output gap and the unemployment rate are not available.
Price pressures have fluctuated, while monetary settings have turned increasingly restrictive. CPI inflation moved from Q3 2024: 1.94% to a peak in Q1 2026: 3.93%, before moderating to Q2 2026: 2.95%. In response to shifting economic conditions, the Bank Indonesia policy rate held steady at January 2026: 4.75%, February 2026: 4.75%, March 2026: 4.75%, and April 2026: 4.75%, before being raised to May 2026: 5.25% and June 2026: 5.75%.
No public finance data is available for Indonesia.
No sector balance data is available for Indonesia.
Indonesia maintains a persistent trade surplus with the world, with goods exports consistently outpacing goods imports across the multi-year series. Goods exports to the world grew from 2020: 163,191.84 million of national currency to 2025: 281,721.24 million of national currency, with an intervening low in 2023: 258,774.39 million of national currency. Meanwhile, goods imports from the world expanded from 2020: 141,521.29 million of national currency to 2025: 241,833.22 million of national currency, dipping to 2023: 221,794.3 million of national currency along the way.
Net electricity imports stood at 2024: 0.96 billion kWh (with historical figures ranging from 2017: 1.12 billion kWh to a low of 2022: 0.8 billion kWh), a volume that is immaterial relative to an economy of this size. Meanwhile, global input costs have experienced marked swings, with the Brent crude oil price moving across the recent months from December 2025: 61.81 US dollars per barrel to a peak of May 2026: 103.84 US dollars per barrel, before easing to July 2026: 83.73 US dollars per barrel. For Indonesia specifically, export revenues are exposed to swings in key commodity prices: the Australia coal price moved upward from December 2025: 115.68 US dollars to a peak of June 2026: 150.36 US dollars, settling at July 2026: 140.4 US dollars.
No currency value data against the IMF SDR basket is available for Indonesia.
Indonesia’s economy displays solid output growth alongside shifting inflation dynamics that have prompted policy tightening by Bank Indonesia. Robust external trade surpluses continue to anchor the macroeconomic picture, even as export revenues remain exposed to fluctuations in key global commodities like coal.
This bulletin is generated with AI assistance from the structured economic data collected across this site (national accounts, sector accounts, trade, energy and currency data). It is intended as an accessible summary, not investment advice — figures may be revised as underlying data sources are updated. For the detailed underlying series, see the Nation Account Data and Economic Data sections in the menu above.