No. 28/241/DKom
Economic growth in the third quarter of 2026 was recorded at 5.47% (yoy), accelerating from 5.29% (yoy) in the previous period. Moving forward, ongoing government stimulus programs, improving economic confidence and stronger sources of growth are projected to maintain solid economic performance in Indonesia, forecast in 2026 within the 4.9-5.7% range. Bank Indonesia continues strengthening its policy mix through monetary, macroprudential and payment system policies in close synergy with government policies to maintain stability, while supporting sustainable economic growth.
In terms of spending, economic growth in the third quarter of 2026 was primarily driven by domestic economic activity related to consumption and investment. Household consumption grew 5.04% (yoy) in line with increasing community mobility alongside various entertainment and sporting events. Government consumption posted 8.95% (yoy) growth, underpinned by a bump in realised personnel expenditure, particularly salaries and allowances for civil servants (ASN), as well as the procurement of goods and services, including the Free Nutritious Meals (MBG) program. Meanwhile, consumption by non-profit institutions serving households (NPISH) grew by 5.02% (yoy). Investment increased by 6.06% (yoy), primarily driven by growth in the motor vehicle subcomponent, as well as public and private investment given increasing investment realisation. On the other hand, exports grew by 4.59% (yoy) on the back of demand from major trading partners.
By sector, all economic sectors recorded positive growth. As the main contributors to economic growth, the manufacturing industry and trade sector recorded stronger performance, supported by domestic and external demand. In addition, accommodation and food service activities also posted positive growth in line with higher hotel occupancy rates and public consumption of food and beverages. The construction sector also maintained solid growth, supported by government and private infrastructure development projects. Spatially, the economic growth in the third quarter of 2026 was led by the Bali-Nusa Tenggara (Balinusra) region, followed by Java, Sulawesi, Sumatra, Maluku and Papua, as well as Kalimantan.
Jakarta, 5th November 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
