Indonesia's Tax Revenue Grows Significantly by May
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesia's state revenue reached Rp 1.185 trillion by May 31, 2026, a 19.1% year-on-year increase.
- Tax revenue, a key component, grew significantly by 22.1% to Rp 834.4 trillion, showing a marked improvement from the previous year.
- State expenditure also rose by 34.4% to Rp 1.365.4 trillion, with the primary balance showing a surplus of Rp 58.6 trillion.
Indonesia's state revenue has seen a significant surge, reaching Rp 1.185 trillion as of May 31, 2026. This figure represents a robust 19.1% year-on-year growth, indicating a strengthening economic performance. The Ministry of Finance highlighted this achievement, noting a substantial improvement compared to the previous year.
Central to this revenue growth is the impressive performance of tax collection. Tax revenue alone amounted to Rp 834.4 trillion, marking a 22.1% increase. This stands in stark contrast to the previous year, when tax revenue experienced negative growth. "So there is a significant improvement in taxes, especially compared to last year's conditions," stated Finance Minister Purbaya Yudhi Sadewa during a press conference.
Beyond taxes, other revenue streams also contributed positively. Customs and excise revenue grew by 0.7% to Rp 123.8 trillion, while non-tax state revenue (PNBP) increased by 19.9% to Rp 226.4 trillion. The government aims to sustain this positive momentum by continuing to improve the taxation system.
On the expenditure side, state spending reached Rp 1.365.4 trillion, a 34.4% increase from the prior year. This includes Rp 1.059.3 trillion for central government spending and Rp 306.1 trillion transferred to regions. The government emphasized that this spending is aligned with targets to accelerate budget realization and support economic activity. Despite the increased spending, the fiscal condition remains stable, evidenced by a primary balance surplus of Rp 58.6 trillion.
Compare last year in the same month, taxes were negative 11.3 percent, excise was positive, PNBP was negative 33.2 percent. So there is a significant improvement in taxes, especially compared to last year's conditions.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.