Indonesia Q1 GDP growth beats forecasts at 5.61 percent
Indonesia's economy grew 5.61 percent in the first quarter, beating forecasts. Growth was driven by manufacturing and trade despite higher global energy prices.
Xurve View
Xurve View
Indonesia GDP grew 5.61% in the first quarter, exceeding the 5.30% expansion expected by analysts. This marks the fastest growth rate since the third quarter of 2022, up from 5.39% in late 2025. The data suggests fiscal stimulus is offsetting global energy price spikes and a weakening rupiah.
Statistics Indonesia data released Tuesday morning showed manufacturing, trade, and agriculture drove the annual expansion. On a non-seasonally adjusted basis, the economy contracted 0.77% compared to the previous quarter.
