Minister of Home Affairs Tito Karnavian stated that Indonesia’s economic growth in the first quarter of 2025, recorded at 4.87%, remains relatively strong. According to him, this figure places Indonesia as the third highest growing economy among the G20 countries.

Tito explained that only China and India posted higher growth rates, with China growing at 6% and India at 5%.

“Our national economic growth was previously at 5%, and now it has slightly declined to 4.87%. But compared to other G20 countries, we rank third with 4.87%, only behind India and China,” said Tito during the detikcom Regional Summit 2025 held in the REBANA Region on Monday (May 19, 2025).

He further noted that Indonesia’s economic performance in Q1 2025 is still better than that of developed countries such as the United States, Japan, Germany, and South Korea.

“We are performing better than countries like the United States, Germany, Japan, and South Korea. These are data-based comparisons. Within ASEAN itself, we are in the fourth position,” he added.

Previously, Head of Statistics Indonesia (BPS), Amalia Adininggar, reported that the country’s economic growth in Q1 2025 reached 4.87% year-on-year compared to Q1 2024.

Amalia stated that household consumption contributed the most to Gross Domestic Product (GDP), amounting to 54.53% with a growth of 4.89%. This was followed by Gross Fixed Capital Formation (GFCF), which contributed 28.03% but only grew by 2.12%.

On the other hand, government spending experienced a contraction of -1.38%. “Compared to the same quarter last year, there was significant government expenditure related to the general elections. Since this year there are no elections, that’s one of the reasons,” Amalia explained during a press conference on Monday (May 5, 2025).

In terms of contribution to growth, household consumption provided the largest share at 2.61%. Q1 2025 growth was also supported by GFCF contributing 0.65%, and net exports contributing 0.83%.

“Meanwhile, government spending contributed negatively to growth, with a figure of -0.08%,” Amalia added.

The detikcom Regional Summit was supported by PT Pertamina (Persero), Patimban Industrial Estate (a Barito Pacific Company), and PT PLN (Persero) West Java Distribution Main Unit.