Jakarta – Indonesia’s economic performance has once again delivered encouraging results. The Central Statistics Agency (BPS) reported that national economic growth in the second quarter of 2025 reached 5.12 percent year-on-year (yoy), higher than in the previous quarter and the same period last year.
BPS Deputy for National Accounts and Statistical Analysis, Moh. Edy Mahmud, explained that this growth was driven by Gross Domestic Product (GDP) at current prices amounting to IDR 5,947 trillion and GDP at constant prices of IDR 3,396.3 trillion.
“Thus, Indonesia’s economic growth in Q2 2025, compared to Q2 2024, grew by 5.12 percent,” he stated.
The growth rate was stronger than in Q1 2025, which stood at 4.87 percent. Even compared to Q2 2024, which recorded 5.05 percent, this result shows significant economic acceleration.
“This achievement is in line with the seasonal pattern that occurs every year. Q2 growth tends to be higher than Q1,” he added.
Edy detailed that household consumption was the main driver of growth, contributing 2.64 percent, followed by investment or gross fixed capital formation (PMTB), which contributed 2.06 percent.
“On a quarter-to-quarter (qtq) basis, the economy grew 4.04 percent in Q2, surging compared to Q1, which had contracted by 0.98 percent. This achievement proves that President Prabowo Subianto’s policies to boost productive sectors have begun to bear fruit,” Edy explained.
Economic strengthening also had a direct impact on the financial market. The Jakarta Composite Index (IHSG) on Tuesday (August 5) closed up by 50.54 points, or 0.68 percent, to 7,515.19. Throughout the day, the IHSG consistently stayed in the green zone, with transaction values reaching IDR 18.46 trillion.
Meanwhile, Minister of Finance Sri Mulyani Indrawati underlined that a surge in exports also contributed to the acceleration of economic growth. Many businesses carried out large-scale exports ahead of the new tariffs to be imposed by the United States government on August 7.
“So there were many export orders before the tariff hike took effect, even after the announcement was made,” Sri Mulyani explained.
Furthermore, she said the government will continue to monitor the impact of the new 19 percent US import tariffs on goods from Indonesia.
“We hope the momentum will be maintained in the third and fourth quarters,” she added.
