BI Survey Reveals State of Indonesian Business World, These Sectors Shine Brightest
Bank Indonesia (BI) has released the results of its Business Activity Survey (SKDU) for the first quarter of 2026, which indicate that performance remains stable. The performance of the majority of business fields (LU) was recorded positively, sourced from financial services, agriculture, forestry and fisheries, manufacturing industry, wholesale and retail trade, as well as motor vehicle and motorcycle repair business fields.
“This development aligns with the increase in public demand during various National Religious Holidays (HBKN) in the first quarter of 2026, such as Chinese New Year, Nyepi Holy Day, the Ramadan and Eid al-Fitr 1447 Hijriyah period, as well as the start of the harvest season for agricultural commodities,” said Director of the BI Communication Department Anton Pitono in his statement on Friday (17/4/2026).
He explained that the stable business activity performance is reflected in the weighted net balance (SBT) value for business activity in the first quarter of 2026 at 10.11 per cent, although this figure is lower than the previous quarter’s 10.61 per cent.
In the financial services business field, the SBT value was recorded at 1.94 per cent. Then, the agriculture, forestry and fisheries business field reached 1.54 per cent. Meanwhile, the manufacturing industry business field recorded an SBT value of 1.46 per cent, and the wholesale and retail trade, as well as motor vehicle and motorcycle repair business fields with an SBT of 1.24 per cent.
“In the second quarter of 2026, respondents predict that business activity will increase with an SBT of 14.80 per cent, higher than the 10.11 per cent SBT in the first quarter of 2026,” he revealed.
This increase is expected to come from the agriculture, forestry and fisheries business field with an SBT of 2.38 per cent, in line with the continuation of the harvest season for food crops and plantation commodities, as well as fisheries according to seasonal patterns. Then, the mining and quarrying business field with an SBT of 0.74 per cent, supported by a decrease in rainfall that encourages mining activities, and the construction business field with an SBT of 1.02 per cent, in line with the start of work on several projects.
The SKDU results record an increase in utilised production capacity in the first quarter of 2026 compared to the previous quarter. This is reflected in the utilised production capacity in the first quarter of 2026 at 73.33 per cent, higher than 73.15 per cent in the fourth quarter of 2025. The increase in production capacity is supported by the agriculture, forestry and fisheries business field (72.53 per cent) and the manufacturing industry business field (70.31 per cent), in line with the increase in their business activities.
Meanwhile, other business fields recorded a slowdown, namely the electricity supply business field (80.49 per cent), the mining and quarrying business field (68.55 per cent), and the water supply, waste management, waste and recycling business field (74.74 per cent), in line with their business activities.