Minister of Finance Purbaya admits that the 2025 economic growth is not in line with the target even though the fourth quarter is strengthening.

Minister of Finance Purbaya Yudhi Sadewa (Photo: dok. Aris Nurjani/VOI)

JAKARTA - Finance Minister Purbaya Yudhi Sadewa said that Indonesia's economic growth in the fourth quarter of 2025 is estimated to only reach 5.45 percent.

With this achievement, the annual economic growth target of 5.2 percent is certain not to be realized.

Purbaya explained that the performance of gross domestic product (GDP) throughout the year showed up and down movements.

He added that in the first quarter of 2025, the national economy grew 4.87 percent, then increased to 5.12 percent in the second quarter of 2025, before slowing again to 5.04 percent in the third quarter of 2025.

"Maybe in the fourth quarter (2025) it will also be above 5 percent, yes, approaching 5 percent, about 5.45 percent if there is no change. Under my promise (5.6 percent and above), but it is still higher than the previous quarters," he said in a press conference APBN Kita, Thursday, January 8.

For information, the Central Statistics Agency (BPS) has not officially announced the economic growth figures for the fourth quarter of 2025.

However, if economic growth is estimated to only reach 5.45 percent, then the economic growth throughout 2025 is estimated to only reach 5.12 percent, lower than the 2025 state budget target of 5.2 percent.

However, Purbaya assessed that the direction of economic growth showed an increasingly improving trend and called the trend a positive signal that indicated the strengthening of the fundamentals of the national economy.

He also emphasized that the phase of slowdown had been passed and the future economic outlook was seen as more promising.

"What is clear is that the momentum of reversing the direction of the economy has occurred, so we should grow better in the future," he explained.