BPS catat ekonomi RI kuartal I 2026 melesat 5,6%, di atas ramalan Purbaya

 

Indonesia’s economic growth soared to a robust 5.61% year-on-year in the first quarter of 2026, according to data released by the Central Statistics Agency (BPS). This impressive performance surpassed the earlier projection of 5.5% made by Finance Minister Purbaya Yudhi Sadewa, highlighting a stronger-than-expected start to the year for the Indonesian economy.

BPS Head Amalia Adininggar Widyasanti elaborated on the figures, stating that Indonesia’s economy, measured by its Gross Domestic Product (GDP) at current prices, reached IDR 6,187.2 trillion. When calculated at constant prices, the GDP stood at IDR 3,447 trillion. During a press conference on Tuesday (May 5), Amalia affirmed, “Indonesia’s economic growth in Q1 2026, when compared to Q1 2025 on a year-on-year basis, registered a significant 5.61% increase.”

The positive growth trajectory was broad-based, with nearly all business sectors exhibiting year-on-year expansion in Q1 2026. Exceptions were noted in the mining, electricity, and gas procurement sectors. Notably, the manufacturing industry, which plays a pivotal role as the largest contributor to economic growth, recorded a solid 5.04% annual increase, underscoring its continued resilience.

Leading the charge in sectoral growth was the food and beverage accommodation sector, which achieved an outstanding 13.14% expansion. This was closely followed by the transportation and warehousing sector, demonstrating strong growth of 8.04%, reflecting increased activity and mobility across the archipelago.

Analyzing the underlying drivers, government spending emerged as a significant catalyst, recording the highest growth component at a remarkable 21.81%. Concurrently, household consumption, which holds the largest share in Indonesia’s economic framework, demonstrated healthy growth of 5.53%, signaling sustained consumer confidence and purchasing power.

Amalia further clarified that the surge in government consumption was largely propelled by increased personnel expenditure. This included the payment of the 14th-month salary, commonly known as the religious holiday allowance (THR), in addition to heightened spending on various goods and services. Among the key goods expenditures supporting government initiatives, she specifically highlighted the “Free Nutritious Meals” program.

Beyond domestic performance, Amalia observed that several of Indonesia’s key trading partners also experienced improved economic conditions in the first quarter of this year compared to the preceding quarter. China’s economy grew by 5.3% year-on-year, an uptick from 4.5% in the previous quarter. Similarly, the U.S. economy showed stronger growth, expanding by 2.7% year-on-year, a notable improvement from 2% recorded in both Q4 2025 and Q1 2025.

However, the economic landscape was not uniformly positive across the region. Neighboring economies like Malaysia experienced a slowdown, with growth decelerating from 6.3% in the last quarter of the previous year to 5.4%. A similar moderation was observed in Singapore, where growth softened from 5.7% to 4.6%, and in Vietnam, which saw its growth rate ease from 8.5% to 7.8%.

Concluding her remarks, Amalia referenced IMF projections that anticipate overall global economic growth to reach only 3.1% this year. This figure represents a projected deceleration from the 3.4% global growth recorded in the previous year, underscoring a cautious outlook for the international economy.

Summary

Indonesia’s economy achieved a robust 5.61% year-on-year growth in the first quarter of 2026, according to the Central Statistics Agency (BPS), exceeding earlier projections. This strong performance was broad-based, with key contributions from the manufacturing industry and significant expansion in the food and beverage accommodation and transportation sectors. The growth was primarily driven by a substantial 21.81% increase in government spending and a healthy 5.53% rise in household consumption.

Government spending was notably boosted by personnel expenditure, including the 14th-month salary and the “Free Nutritious Meals” program. Internationally, while major trading partners like China and the U.S. saw improved economic conditions, several neighboring economies such as Malaysia, Singapore, and Vietnam experienced a slowdown. The International Monetary Fund (IMF) anticipates overall global economic growth to moderate to 3.1% this year.

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