Indonesia posts stronger 5.6% growth in Q1

AWANI

Indonesia's economy grew 5.6% in the first quarter of 2026, driven by strong household spending and a surge in government expenditure, beating forecasts despite Middle East conflict pressures.

Transcript

00:00Indonesia's economy expanded by 5.61% year-on-year in the first quarter of 2026.

00:07This exceeded government forecasts of between 5.5% and 5.6% despite disruption linked to the Middle East

00:14conflict.

00:17The growth rate also surpassed the 5.4% recorded in the final quarter of 2025,

00:24signalling stronger economic momentum as the country entered the new year.

00:28In comparison, the GDP growth remained below 5% during the first quarter of 2025.

00:34Head of Statistics Indonesia Amalia Adeninga Widyasanti said

00:38household consumption remained the largest contributor to the country's economic growth during the period.

00:44Government expenditure rose by more than 21% in the first quarter compared with the same period last year.

00:50The stronger performance supports President Prabowo Subianto's goal of increasing economic growth

00:55from 5.1% last year to 8% by 2029 through higher public spending.

01:01DPR

01:02DPR

Category

Transcript

Comments

Recommended