Indonesia’s economic outlook Q4 2025 report

Indonesia’s economic outlook Q4 2025

A short report by Cimigo market research on the outlook for Indonesia’s economy based on key results from Q4 2025. It examines the economic environment, focusing on key indicators beyond GDP and providing a more nuanced view of the country’s economic situation.

Stable growth supported by structural fundamentals.

Indonesia’s economy expanded by 5.11% in 2025, bringing total GDP to approximately US$1.4 trillion. Growth continues to be supported by strong domestic consumption, expanding digital adoption, and improving financial inclusion.

Consumer confidence improves, yet employment concerns remain.

Consumer confidence recovered to a comfortable level in early 2026, indicating improving public sentiment towards current economic conditions. Survey findings suggest that consumers increasingly perceive gradual economic improvement compared with the previous year. However, perceptions of the labour market remain subdued. Many Indonesians continue to report difficulty in securing suitable employment, revealing a disconnect between macroeconomic performance and individual economic experience.

For more of Cimigo’s perspective on the outlook for Indonesia’s economy, please download the report.

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