August 8, 2025 | 08:42 pm
Indonesia's economic growth reached 5.12 percent annually or year-on-year (yoy) in the second quarter of 2025. The growth figure announced by the Central Statistics Agency (BPS) is higher than that of the first quarter of the previous year, which was 4.87 percent, and the second quarter of 2024 at 5.05 percent.
In the second quarter of 2025, Indonesia's economy, based on gross domestic product (GDP) at current prices, reached Rp5,947 trillion. Meanwhile, the GDP at constant prices was Rp3,396.3 trillion during the same period.
From a sectoral perspective, the manufacturing industry was the main contributor to GDP in the second quarter of 2025, accounting for 18.67 percent. This was followed by the agricultural, forestry, and fishery sector at 13.83 percent, as well as wholesale and retail trade and repair of motor vehicles and motorcycles at 13.02 percent.
In terms of expenditure, household consumption accounted for 54.25 percent of GDP in the second quarter of 2025. This was followed by gross fixed capital formation (GFCF) at 27.83 percent, and exports of goods and services at 22.28 percent.
Compared to the United States, Indonesia's economic performance is far ahead. According to the initial estimate by the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce, the real GDP of the US increased in the second quarter of 2025 to 3 percent compared to the previous period, which was only 0.5 percent (first quarter of 2025).
The increase in U.S. real GDP in the second quarter of 2025 mainly reflects a decrease in imports. In addition, the economy grew due to an increase in consumer spending, which was partially offset by a decline in investment and exports.
"The increase in consumer spending reflected increases in both services and goods. Within services, the leading contributors were health care, food services and accommodations, and financial services and insurance. Within goods, the leading contributors were motor vehicles and parts and other nondurable goods," the BEA wrote on its official website on Wednesday, July 30, 2025.
The decrease in imports in the U.S. occurred mainly in non-durable consumer goods, except for food and automotive products (especially drugs, dental, and pharmaceutical preparations, including vitamins). Meanwhile, the decrease in exports mainly occurred in automotive commodities, machinery, and spare parts.
"The largest contributor to the decrease in investment was private inventory investment, led by decreases in nondurable goods manufacturing (mainly, chemical manufacturing) and in wholesale trade (reflecting widespread decreases in durable goods industries)," the BEA stated in a written release.
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