Statistics Indonesia (BPS) reported a 5.04 percent year-on-year economic growth for the third quarter of 2025. This figure exceeds the 4.95 percent from the same period last year and surpasses China and Singapore. Household consumption continued as a key driver amid global uncertainties.
According to Statistics Indonesia (BPS), Indonesia's Gross Domestic Product (GDP) reached Rp3,444.8 trillion at constant prices in the third quarter of 2025, up from Rp3,279.5 trillion in the same period the previous year. At current prices, GDP stood at Rp6,060.0 trillion. BPS Deputy for National Accounts and Statistical Analysis, Moh Edy Mahmud, announced this during a press conference in Jakarta on Wednesday (5/11/2025).
"This is higher than the same period last year, which recorded growth of 4.95 percent," Edy said. Indonesia's growth outpaced China (4.8 percent) and Singapore (2.9 percent), but lagged behind Vietnam (8.2 percent) and Malaysia (5.2 percent).
Stable household consumption was a main contributor, bolstered by government inflation controls and rising online transactions via e-commerce, electronic money, debit cards, and credit cards. Domestic tourism strengthened, with domestic tourist trips surging 21.84 percent year-on-year.
On the expenditure side, exports of goods and services grew 9.91 percent, driven by non-oil and gas exports such as animal and vegetable fats and oils, iron and steel, electrical machinery, and vehicles. Investment, via Gross Fixed Capital Formation (GFCF), rose 5.04 percent, while government consumption increased 5.49 percent.
From the production side, manufacturing expanded 5.54 percent, supported by food and beverage, basic metals, and chemical, pharmaceutical, and traditional medicine industries. Wholesale and retail trade, including motor vehicle and motorcycle repair, grew 5.49 percent. The information and communication sector posted strong 9.65 percent growth due to higher data traffic and digital commerce. Agriculture grew 4.93 percent.
Spatially, growth was positive across all regions, with Java at 5.17 percent and Sulawesi at 5.84 percent—both above the national average. Economists from Indef noted the growth remains below the 2025 State Budget target and called for boosting household spending to enhance purchasing power.