Eid al-Fitr 2026 Cash Circulation Reaches Rp1.37 Quadrillion, Highest in Last 6 Years
The NEXT Indonesia Center research institute notes that cash circulation for Eid al-Fitr needs in 2026 reached Rp1.37 quadrillion. This figure is said to reflect the strength of public purchasing power, rising consumption, and domestic economic resilience.
“Based on our research using Bank Indonesia data, the amount of cash in paper and metal form circulated for Eid al-Fitr 2026 needs reached Rp1.37 quadrillion. This figure is 10.4% higher, or an increase of Rp130 trillion compared to Eid al-Fitr 2025, which was only Rp1.24 quadrillion,” said Head Researcher of NEXT Indonesia Center, Ade Holis, quoted from Antara on Thursday (26/3).
Ade Holis explained that the increase in cash not only reflects public consumption readiness but also indicates strengthening economic activity down to the regional level.
In addition to the total cash circulated, another important indicator is the amount of funds directly in the hands of the public.
Ahead of Eid al-Fitr 2026, ready-to-spend funds outside bank vaults were recorded at Rp1.241 quadrillion. This figure increased by Rp104 trillion compared to the same period last year at Rp1.137 quadrillion.
“This certainly becomes a very strong economic modality for regions. The additional Rp104 trillion in cash held by the public represents fresh liquidity ready to drive the economic wheels in various mudik destinations,” he said.
This phenomenon is further strengthened by high public mobility during the Eid al-Fitr mudik period.
Data from the Ministry of Transportation shows an increase in passenger numbers across nearly all modes of transport from H-8 to Eid al-Fitr Day 2026.
Sea transportation recorded the most significant growth. The number of passengers increased from 2,336,619 people in 2025 to 2,697,459 people in 2026, an addition of 360,840 mudik travellers.
“This increase in sea route passengers is crucial as it indicates the equalisation of economic circulation between islands. Money does not only circulate in the centre but flows strongly to various regions,” Ade Holis revealed.
In the land transportation sector, bus services also showed positive performance with an additional 145,085 passengers. The total passengers increased from 1,441,510 people in 2025 to 1,586,595 people in 2026.
Meanwhile, rail transport recorded an increase in passenger numbers to 1,832,584 people in 2026, or an addition of 193,805 compared to the previous year of 1,638,779 passengers.
In the aviation sector, the number of passengers also increased by 71,993 people. The total aircraft users during the Eid al-Fitr mudik period in 2026 were recorded at 2,400,544 people, up from 2,328,551 people the previous year.
“The synchronisation between liquidity and mobility is the key to national economic growth. The public has purchasing power and they have mobility access to spend it in their hometowns, which automatically enlivens the local economic ecosystem,” he stated.
The NEXT Indonesia Center projects that the combination of high ready-to-spend funds and the strong mudik flow will have a significant impact on national economic growth, particularly in the first quarter of 2026.
“Eid al-Fitr 2026 is a golden momentum. With cash circulation reaching the highest record in the last six years, we are witnessing the domestic economic engine operating at optimal capacity,” he said.