Indonesia enjoys steady growth in nine months

Minister of Finance Purbaya Yudhi Sadewa reported that the realisation of the State Budget (APBN) experienced a deficit of 371.5 trillion IDR (around 22.5 billion USD) until September 2025, or 1.56% of the country’s Gross Domestic Product (GDP), lower than the full-year outlook of 2.78% of GDP.

Jakarta (VNA) - Indonesia's Ministry of Finance on October 14 announced the country’s 2025 budget performance as of September, reporting that Southeast Asia’s largest economy continued to post steady growth despite global economic uncertainties.

Minister of Finance Purbaya Yudhi Sadewa reported that the realisation of the State Budget (APBN) experienced a deficit of 371.5 trillion IDR (around 22.5 billion USD) until September 2025, or 1.56% of the country’s Gross Domestic Product (GDP), lower than the full-year outlook of 2.78% of GDP.

Purbaya also said that the primary balance still recorded a surplus of 18 trillion IDR as of September 2025. This shows that fiscal consolidation is continuing.

Then, the country’s state revenue until the end of September 2025 reached 1,863.3 trillion IDR or 65% of the 2025 State Budget outlook. This figure decreased by 7.2% year on year.

Purbaya attributed the decline mainly to lower global commodity prices, especially coal and palm oil, which affected tax revenue from the oil, gas, and mining sectors. However, the manufacturing and services sectors continued to contribute positively to budget revenues.

The minister noted that expenditure efficiency had been maintained through the accelerated implementation of priority programmes, social support, and infrastructure investment. As a result, the primary balance recorded a surplus of 18 trillion IDR, underscoring the Indonesian Government’s efforts to strengthen public finances./.

VNA

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