Airlangga: Economic Growth This Year Above 5.3 Percent

Coordinating Minister for Economic Affairs Airlangga Hartarto stated that Indonesia is capable of recording relatively high economic growth amid global challenges. He referred to projections from international institutions, such as the International Monetary Fund, Organisation for Economic Co-operation and Development, and World Bank, which estimate global economic growth at around 2.6–3.3 percent, while Indonesia recorded growth of 5.11 percent in 2025, one of the highest among G20 countries.

“This year’s economic growth projection is above 5.3 percent, and for the first quarter of this year, we are optimistic that Indonesia’s economic growth will be around 5.5 percent,” Airlangga said during the Media Briefing: Update on Economic and Reform Measures at the Indonesian Government Communication Agency, on Monday, 13 April 2026.

According to Airlangga, Indonesia’s economic resilience is supported by strong domestic demand through household consumption, investment, and government spending, as well as external sector stability, policy discipline, and institutional coordination.

Household consumption remains the main pillar with a 54 percent contribution to Gross Domestic Product (GDP). He also mentioned that the Mandiri Spending Index is at a strong level of 360.7. In the food sector, national rice production is nearly 34.7 million tons, with Perum Bulog’s rice reserve stock approaching 4.6 million tons, one of the strongest reserves Indonesia has ever had.

In the energy sector, according to Airlangga, the government continues to promote self-sufficiency through the implementation of the B50 programme and recorded an energy surplus of 4.84 million kilolitres. He assessed that Indonesia’s economy is entering the second quarter of 2026 in a strong condition, reflected by controlled inflation, a trade balance surplus for 70 consecutive months, and high consumer confidence levels.

The manufacturing sector, he said, is still in an expansion phase with an index of 50.1. Foreign exchange reserves also remain strong at US$148.2 billion. Additionally, the banking sector is deemed solid with strong capital ratios and controlled credit risk.