Jakarta, 14 November 2026. Indonesia’s government revenue grew faster than spending in the first ten months of 2026. At a budget briefing on Friday, 13 November, Finance Minister Suahasil Nazara said revenue through October reached Rp2,618 trillion, up 23.9% from the same period a year earlier. Spending rose 15.6% to Rp2,997.2 trillion.
Spending exceeded revenue by Rp379.3 trillion, leaving a deficit equivalent to 1.47% of gross domestic product (GDP). With two months left in the fiscal year, the government had collected 83% of its annual revenue target and spent 78% of its annual budget.
Indonesia’s economy grew 5.47% from July through September 2026 compared with the same quarter a year earlier. Manufacturing, which accounted for 19.22% of GDP, grew 5.87%. Within manufacturing, the food and beverage industry grew 7.09%.
