Indonesia's economy grows 5.29% in Q2 2026 amid global turmoil

Indonesia's economy demonstrated resilience, growing 5.29% year-on-year in the second quarter of 2026 despite ongoing global geopolitical instability, according to data from the Central Statistics Agency (BPS).

Said Abdullah, head of the House of Representatives' Budget Committee, highlighted that seasonal factors significantly boosted economic activity. The school holiday period fueled a 10.6% growth in accommodation and food services, while the back-to-school season and rising class promotions drove a 6.97% increase in telecommunications. The electricity and gas sector also saw a substantial 10.81% rise, influenced by increased demand for cooling and higher gas prices due to geopolitical conflicts.

However, Abdullah expressed caution regarding the manufacturing industry, which experienced a slowdown, growing 4.52% in the second quarter compared to 5.04% in the first. He emphasized the sector's importance, contributing 18.5% to GDP and 13.5% of national employment. Similarly, the agricultural sector's growth decelerated to 3.8% from 4.97%, despite a concurrent rice harvest. Abdullah noted its strategic role, accounting for 13.57% of GDP and 28.75% of national employment.

Household consumption, a key pillar of the economy representing 53.3% of GDP, also saw a slight decrease to 5.05% growth from 5.52% in the first quarter. Despite this, it maintained positive performance. Investment in capital goods (PMTB) grew by 6.87%, and exports increased by 4.13%, a notable improvement from the 0.9% growth in the first quarter. The labor market also showed positive signs, with both formal and informal employment increasing, though the proportion of formal versus informal workers remained largely unchanged.

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Wpłata powitalna to pierwszy, bardzo konkretny zysk, jaki otrzymują osoby rozpoczynające oszczędzanie w PPK. Program jest unikatowy, ponieważ do każdej złotówki odkładanej przez uczestnika dokładają się zarówno pracodawca, jak i państwo. Dzięki temu już od pierwszych miesięcy oszczędzania uczestnicy budują kapitał znacznie szybciej niż gdyby oszczędzali samodzielnie. Dane pokazują, że osoby oszczędzające w PPK od początku funkcjonowania programu mają dziś na swoich rachunkach średnio od 145 do 228 proc. więcej środków, niż same wpłaciły.