World Bank Revises Indonesia's 2026 Economic Growth Projection, Airlangga: Still Above Global Average

Jakarta – Coordinating Minister for the Economy, Airlangga Hartarto, has responded to the World Bank’s revision of its projection for Indonesia’s economic growth in 2026.

It is known that the World Bank has previously revised and lowered its projection for Indonesia’s economic growth in 2026, from the previous level of 4.8 per cent to 4.7 per cent.

Therefore, Airlangga stated that the World Bank’s projection downgrade is certainly related to the current global geopolitical dynamics, primarily the impact due to the war in the Middle East region.

“So at present, many countries are experiencing adjustments to projections due to the war situation and global pressures,” said Airlangga when met at the Coordinating Ministry for the Economy office, Jakarta, Thursday afternoon, 9 April 2026.

“But the 4.7 per cent figure is still above the global economic growth average of 3.4 per cent,” he added.

Airlangga further stated that the current national economic condition remains relatively strong compared to many other countries. This, he believes, forms the basis for optimism that the national economy’s performance will continue to show positive results going forward.

Therefore, Airlangga emphasised that the government is still awaiting the realisation of first-quarter 2026 economic data, as a more concrete indicator to serve as a benchmark.

However, fundamentally, Airlangga explained that each institution naturally has its own methodology and assumptions in making such predictions. Therefore, he personally remains optimistic that the national economic fundamentals will be able to maintain stable economic growth in 2026.

“Projections are based on their own calculations. But in many cases, Indonesia’s economic realisation often turns out better than predictions,” he said.