2025.11.1206:09:49UTC+00Indonesia Central Bank Sees 2026 GDP Growth at 5.33%–5.4%

Indonesia's central bank projects that the nation's economy will see a growth rate of 5.33% by 2026. Governor Perry Warjiyo stated on Wednesday that this growth could potentially reach the government's target of 5.4% if fiscal spending is expedited. The forecast for annual headline inflation in 2026 is pegged at 2.62%, with the rupiah predicted to average 16,430 per US dollar for the year. Warjiyo conveyed these insights during a parliamentary session discussing the central bank's budget for 2026, as reported by Reuters. Furthermore, Bank Indonesia has set a credit growth target ranging between 8% to 12% for the following year, a slight increase from this year's target of 8% to 11%. In a broader context, President Prabowo Subianto aims to boost economic growth to 8% by the conclusion of his five-year tenure in 2029. According to data from BPS–Statistics Indonesia, the GDP experienced a 5.01% growth in the initial three quarters of 2025, compared to the same timeframe in 2024. The government remains consistent with its GDP growth target of 5.2% for the entire year of 2025.