Indonesia's economy grows 5.39%, highest among G20 countries

Jakarta (ANTARA) - Coordinating Minister for Economic Affairs Airlangga Hartarto reported that Indonesia's economic growth reached 5.39 percent in the fourth quarter of 2025, the highest among the G20 countries. 

"This is the highest among the G20 countries. Moreover, year-on-year growth of 5.11 percent is also very good," he said after attending a limited meeting with President Prabowo Subianto at the Presidential Palace in Jakarta on Wednesday (February 11). 

In the real sector, Hartarto explained that manufacturing activity remained in the expansion zone, with an index of 52.6. Furthermore, consumer confidence levels in January also showed an increase compared to the previous month. 

The Consumer Confidence Index (CCI) also grew to 127 in January 2026, up from 123.5 in the previous month, he added. 

Meanwhile, the minister outlined that the domestic consumption performance also recorded a positive trend. Real sales recorded 7.9 percent annual growth, a significant increase compared to the 3.5 percent growth of December last year. 

In terms of the trade balance, in December 2025, there was a surplus of US$2.51 billion, marking the 68th consecutive month of surplus. 

In addition, the realization of Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) was recorded at Rp1,931.2 trillion (US$111.7 billion). 

"Furthermore, foreign exchange reserves remained high at US$154.6 billion, and credit growth was high at 9.69 percent," Hartarto continued. 

He then informed that Indonesia's credit rating from various international rating agencies remains at investment grade. However, the government is considering the negative outlook from Moody's to be anticipated with appropriate policy measures. 

Rating agency Moody's announced on February 5 that it would maintain Indonesia's sovereign credit rating at Baa2 and adjust its outlook from stable to negative. 

In line with this move, Moody's also revised its outlook to negative for five Indonesian banks, including Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Bank Central Asia (BCA), and Bank Tabungan Negara (BTN).