BPS Announces Q2 2026 Economic Growth Slows to 5.29 Percent
JAKARTA – The Central Statistics Agency (BPS) announced that Indonesia’s economy grew 5.29 per cent year-on-year in the second quarter of 2026. The figure is lower than the previous quarter but higher than the same period last year.
“Economic growth in the second quarter of 2026, based on Gross Domestic Product (GDP) at current prices, reached Rp 6,552.1 trillion, and at constant prices amounted to Rp 3,576.2 trillion. Thus, Indonesia’s economy in the second quarter of 2026, compared with the second quarter of 2025, or year on year, grew 5.29 per cent,” said M. Edy Mahmud, Deputy for Statistical Balance and Analysis at BPS, at a press conference at the BPS building in Jakarta on Wednesday (6/8/2026).
On an annual basis, Indonesia’s economic growth in the second quarter of 2026 was higher than the 5.12 per cent (yoy) recorded in the second quarter of 2025. However, the figure was lower than the 5.61 per cent (yoy) growth achieved in the first quarter of 2026.
Compared with the first quarter of 2026, or quarter to quarter (qtq), Indonesia’s economy still grew 3.73 per cent. Meanwhile, compared with the first half of 2025 on a cumulative-to-cumulative (ctc) basis, the economy grew 5.45 per cent.
“The economy grew 3.73 per cent quarter to quarter, following the pattern of previous years,” said Edy.
He explained that a number of significant events influenced Indonesia’s economic growth in the second quarter of 2026. Among these was the global economic condition, which according to International Monetary Fund (IMF) projections grew only 3 per cent, while developing economies grew 3.5 per cent (yoy).
In addition, developments varied among several of Indonesia’s trading partners. Economic growth in Vietnam and Malaysia strengthened compared with both the first quarter of 2026 and the second quarter of 2025. Meanwhile, Singapore and South Korea grew higher than in the second quarter of 2025 but slowed compared with the first quarter of 2026.
The United States (US) economy was estimated to have slowed compared with the first quarter of 2026 and remained relatively stagnant compared with the second quarter of 2025. Meanwhile, China’s economy slowed compared with both the first quarter of 2026 and the second quarter of 2025.
On the domestic front, per capita consumption in the restaurant and hotel category grew 11.97 per cent (yoy). The value of consumer goods imports rose 27.17 per cent (yoy), while the value of electronic transactions via debit and credit cards grew 5.05 per cent (yoy). Online transactions through e-retail and marketplaces increased 35.13 per cent (yoy).
In addition, the thirteenth-month salary was disbursed in the second quarter of 2026 for civil servants (ASN), members of the Indonesian National Armed Forces (TNI), the National Police (Polri) and pensioners.
Several economic policies were implemented in the second quarter of 2026, including inflation control. Inflation in June 2026 was recorded at 3.34 per cent (yoy).
On the monetary side, the BI Rate rose throughout the second quarter of 2026, from 4.75 per cent in April to 5.25 per cent in May and 5.75 per cent in July 2026.
Meanwhile, on the fiscal side, the government provided a stimulus package to boost consumption through discounted transport tickets during the school holiday period.