Indonesia’s economy contracted 0.77% qoq in Q1 2026, marking its first quarterly GDP decline in a year and coming in less severe than market estimates of a 0.97% drop. The pullback followed a 0.86% growth in Q4, weighed by a sharp reversal in government spending (-30.13% vs 37.68% in Q4) and a fall in fixed investment (-7.54% vs 3.5%). Both exports (-9.15% vs -1.18%) and imports (-8.12% vs 6.62%) slipped, reflecting global and domestic headwinds, including tensions in the Middle East and a softer rupiah. Private consumption growth eased (1.01% vs 1.84%), despite festive demand and the 13th-month wage bonus. By sector, output shrank in mining (-8.20% vs 3.96%), manufacturing (-1.01% vs 0.55%), construction (-4.47% vs 3.88%), and transport (-1.49% vs 1.81%). Growth eased in wholesale/retail trade (0.13% vs 0.68%), financial services (1.38% vs 6.13%), and public administration (13.04% vs 13.59%). Agriculture rebounded (9.56% vs -18.33%), and accommodation gained traction (3.91% vs 1.57%). source: Statistics Indonesia
The Gross Domestic Product (GDP) in Indonesia contracted 0.77 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Indonesia averaged 1.23 percent from 2005 until 2026, reaching an all time high of 5.05 percent in the third quarter of 2020 and a record low of -4.19 percent in the second quarter of 2020. This page provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
The Gross Domestic Product (GDP) in Indonesia contracted 0.77 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Indonesia is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia GDP Growth Rate is projected to trend around 0.40 percent in 2027 and 0.50 percent in 2028, according to our econometric models.