GDP growth (quarterly) · Indonesia

Indonesia GDP Growth Rate QoQ

The Indonesia GDP Growth Rate QoQ measures how much the economy of Indonesia, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

Importance
Medium
Released
Quarterly
Currency
IDR · Indonesian rupiah
Central bank
Bank Indonesia

Latest figures

The latest release, for Q3, was published on 5 November 2026 and came in at 1.59%. That is above the consensus of 1.3%. It is down from 3.73% the time before.

A stronger figure than expected points to a healthier economy: it usually supports the Indonesian rupiah and local stocks, and can push bond yields up.

Over the last 8 releases it ranged from -0.98% to 4.04%, averaging 1.30%.

Feb 2025: 0.53%May 2025: -0.98%Aug 2025: 4.04%Nov 2025: 1.43%Feb 2026: 0.86%May 2026: -0.77%Aug 2026: 3.73%Nov 2026: 1.59% Feb 2025Nov 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
5 Nov 2026Q31.59%1.3%3.73%
5 Aug 2026Q23.73%3.5%-0.77%
5 May 2026Q1-0.77%-0.97%0.86%
5 Feb 2026Q40.86%0.68%1.42% ®
5 Nov 2025Q31.43%1.4%4.04%
5 Aug 2025Q24.04%3.7%-0.98%
5 May 2025Q1-0.98%-0.89%0.53%
5 Feb 2025Q40.53%0.56%1.5%

See it in the economic calendar →

Why it matters

GDP is the broadest measure of economic health. Two quarters of contraction are the common rule of thumb for a recession. Stronger growth supports corporate earnings, jobs and the Indonesian rupiah, and can push Bank Indonesia towards higher rates; a contraction raises the odds of cuts.

How it is calculated

Statistics Indonesia (BPS) adds up spending in the economy: consumption + investment + government spending + exports − imports, measured at constant prices (real GDP) and adjusted for seasonal patterns. The first (advance or flash) estimate is revised as more data arrive. The US annualises the quarterly change.

GDP = C + I + G + (X − M)
Growth (qoq) = real GDP ÷ real GDP last quarter − 1
Annualised = (1 + qoq)⁴ − 1

What changes mean

  • Compare with the consensus and with the previous quarter; the first estimate gets the biggest reaction.
  • Look at the mix: growth from consumption and investment is healthier than growth from inventories.
  • An annualised US figure of 2% is close to its long-run trend; 0.5% quarter on quarter is similar in European terms.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the Indonesian rupiah and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the Indonesian rupiah tends to soften and markets price in lower rates.

A short history

Simon Kuznets built the first national income accounts for the US Congress in 1934. GDP replaced GNP as the US headline measure in 1991; international standards are set in the UN System of National Accounts.

Questions

What is the Indonesia GDP Growth Rate QoQ?

The Indonesia GDP Growth Rate QoQ measures how much the economy of Indonesia, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

What was the latest Indonesia GDP Growth Rate QoQ?

1.59% for Q3, published on 5 November 2026 (consensus 1.3%, previous 3.73%).

What is the difference between quarterly and annual GDP growth?

Quarterly growth compares with the previous quarter (the latest momentum); annual growth compares with the same quarter a year earlier.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.