Purbaya Assesses Indonesia's Economic Indicators as Continuing to Strengthen
Finance Minister Purbaya Yudhi Sadewa has said a number of key indicators show Indonesia’s economic growth is continuing to strengthen and move inclusively. According to him, this is reflected in the manufacturing Purchasing Managers’ Index (PMI), which is at an expansionary level of 50.0. He also cited economic liquidity growth (M0) of 14.8 per cent year-on-year, and banking credit growth of 11.5 per cent year-on-year.
Purbaya made the statement while delivering a scientific address at a public lecture at Nankai University in Tianjin, China. “Most crucially, this solid economic growth is directly translated into an improvement in the real welfare of the wider community through improvements in the labour market,” Purbaya said in an official statement on Saturday, 20 June 2026.
Purbaya said Indonesia’s external position is also supported by a trade balance surplus that has persisted for 72 consecutive months, as well as foreign exchange reserves of US$144.9 billion, equivalent to 5.6 months of imports and government external debt payments.
According to him, the strong economic growth is also reflected in the improvement of the labour market. The creation of approximately 1.9 million new jobs successfully reduced the open unemployment rate to 4.68 per cent in 2026. Meanwhile, the poverty rate fell from 8.57 per cent in September 2024 to 8.25 per cent in September 2025.
Purbaya also explained that the government has established eight clusters of national priority programmes to translate development strategy into tangible results. These priorities encompass food sovereignty, energy and water self-sufficiency, education, health, as well as infrastructure development, housing, and disaster resilience.
Furthermore, the Indonesian government is accelerating structural transformation through downstreaming and industrialisation programmes, strengthening the people’s economy and rural development, and alleviating poverty through integrated social assistance and job creation.
These efforts are supported by strengthening the defence and security sector, law enforcement, governance, digitalisation, and economic diplomacy to support inclusive and sustainable development.
According to Purbaya, these developments show that Indonesia’s economic growth is not only reflected in macroeconomic indicators but is also impacting job creation, reducing poverty rates, and improving people’s welfare.