JAKARTA The Central Statistics Agency (BPS) revealed that economic growth in the second quarter of 2025 reached 5.12 percent year on year (yoy) when compared to the same quarter in the previous year of 5.02 percent.
BPS Deputy for Balance and Statistics Analysis Moh. Edy Mahmud revealed that Indonesia's economy based on Indonesia's gross domestic product or GDP in the second quarter of 2025 at current prices (ADHB) was IDR 5,947.0 trillion and on the basis of constant prices (ADHK) it reached IDR 3,396.3 trillion.
Meanwhile, Indonesia's economy based on gross domestic product or Indonesia's GDP in the second quarter of 2024 at current prices of IDR 5,536.6 trillion and on the basis of constant prices it reached IDR 3,231.0 trillion.
"So that Indonesia's economic growth in the second quarter of 2025 when compared to the second quarter of 2024 or year on year grew by 5.12 percent," he said at a press conference, Tuesday, August 5.
Edy conveyed that Indonesia's economy in the second quarter of 2025 when compared to the first quarter of 2025 which reached 4.87 percent (yoy) or quarterly (quarter to quarter/qtq) grew 4.04 percent.
He explained that Indonesia's economy based on gross domestic product or GDP Indonesia in the first quarter of 2024 at current prices of IDR 5,665.9 trillion and on the basis of constant prices it reached IDR 3,264.5 trillion.
Previously, Bank Mandiri's Head of Economist Andry Asmoro estimated that economic growth in the second quarter of 2025 would reach 4.79 percent year on year (yoy) or slow down compared to the first quarter of 2025 which grew by 4.87 percent (yoy).
However, on a quarterly basis or quarter to quarter (qtq), the economy is projected to grow by 3.71 percent in the second quarter of 2025, improving from a contraction of 0.98 percent in the previous quarter.
According to Andry, the slowdown in economic growth in the second quarter of 2025 was mainly due to weakening household consumption.
"House consumption is expected to slow down due to seasonal factors and more selective shopping behavior. However, the increase in social assistance from the government is expected to help contain this slowdown," Andry said in a written statement, Monday, August 4.
Meanwhile, he said that investment activities are expected to grow moderately in the second quarter of 2025, as reflected in the decline in cement sales and the slowdown in banking productive credit distribution.
SEE ALSO:
-
| EKONOMI
IHSG Selasa Diproyeksi Lanjut Terkoreksi, Lima Saham Direkomendasikan
05 Agustus 2025, 07:07
According to him, this shows the formation of more careful capital because the business world is still implementing a wait-and-see approach.
Andry said that government spending is expected to recover from a contraction in the previous period of 1.38 percent.
"Although total expenditures still tend to be slow, central government spending, especially for employee salaries and social programs, is expected to increase this quarter," he said.
In addition, Andry said that export growth is expected to increase in the second quarter of 2025, driven by a front-loading strategy ahead of the implementation of US import rates.
"This increase is expected to support the performance of net exports amidst the still weak global trade," he concluded.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
