“Promise: Indonesia's economy will grow 8 percent by 2029, with yearly targets of 5.3 percent in 2025, 6.3 percent in 2026, 7.5 percent in 2027, 7.7 percent in 2028 and 8 percent in 2029, as set in the 2025 to 2029 national medium-term plan (RPJMN).”

Prabowo Subianto

as President of Indonesia · Said Feb 2025

Source: Perpres No. 12 Tahun 2025 tentang RPJMN 2025-2029 · JDIH Kementerian Hukum

The record

Every status change and progress update, newest first, with its sources.

1. Feb 2025 · Promise recorded

2. 30 Sept 2026 · Progress update

   Not yet due, but behind the plan's own steps. The 8 percent deadline is 2029, so the promise cannot be judged yet. Statistics Indonesia (BPS) recorded 5.11 percent growth in 2025 against the 5.3 percent target, and 5.45 percent in January to September 2026 against the 6.3 percent target for 2026.

   Figure: 5.45 / 8 percent growth

   • Presidential Regulation 12/2025 on the 2025 to 2029 RPJMN sets growth targets of 5.3% (2025), 6.3% (2026), 7.5% (2027), 7.7% (2028) and 8% (2029). Bloomberg Technoz ↗
   • BPS reported on 5 February 2026 that Indonesia's economy grew 5.11 percent in 2025. BPS ↗
   • BPS reported on 5 November 2026 that the economy grew 5.47 percent year on year in the third quarter of 2026 and 5.45 percent in January to September 2026 (c-to-c). BPS ↗