Economic
Indonesia’s economy forecast to grow 5.05% in Q1 2026
Indonesia’s economy is projected to grow 5.05% in Q1 2026, driven by the Ramadan and Eid holiday surge in consumption and tourism.
Indonesia’s economy is expected to expand by 5.05% in the first quarter of 2026, benefiting from a strong uplift in domestic consumption and tourism during the Ramadan and Eid al‑Fitr festive season, according to the Centre of Economic and Law Studies. Seasonal homebound travel and domestic tourism have boosted retail, hospitality, and transport sectors, while the government has supported the momentum with an economic stimulus package worth 911.16 billion IDR. The festive effect is expected to support short‑term growth, but analysts caution that sustained momentum will depend on inflation control and improvements in labour market conditions in coming quarters.
- Status
- active
- Location
- Jakarta, Indonesia
- Date added
- 2026-03-31 12:48 UTC
- Added by
- bodglobalapdrt
- Last updated
- 2026-03-31 12:48 UTC
- Source
- VietnamPlus
- Connected threats
- Not provided