Business · Economy · 42 mins ago
Indonesia targets US$39.4 billion in tourism revenue by 2029
Indonesia's government aims to earn US$39.4 billion from tourism by 2029, with the sector expected to contribute 4.9% to 5% of national output.
The government says spending by foreign visitors counts as services exports, making tourism one of Indonesia's top three export contributors when included.
From January to September 2026, Indonesia recorded 12.01 million foreign visitor trips, while domestic tourist trips reached 938.84 million.
Tourism earned US$8.43 billion in foreign exchange in the first half of 2026, and sector investment rose 16.64% to Rp39.68 trillion.
The government is preparing a 2027–2045 national tourism development plan to guide long-term policy and align central and regional programs.
It wants tourism investment and infrastructure to support jobs, regional economic growth and stronger connections between destinations and transport hubs.
Indonesia aims for tourism to contribute 4.9% to 5% of gross domestic product and generate US$39.4 billion in foreign exchange by 2029.
The government plans to pursue the target through stronger investment, industry development and destinations that attract high-spending visitors.
Tourist arrivals, domestic travel, tourism revenue and investment all grew in 2026, according to the report.
The government is preparing a national tourism development plan for 2027-2045 to guide long-term policy and coordinate central and local programmes.
- Who
- The Indonesian government set the target. Susiwijono Moegiarso, secretary of the Coordinating Ministry for Economic Affairs, discussed the sector’s potential.
- What
- Indonesia aims for tourism to contribute 4.9% to 5% of GDP and generate US$39.4 billion in foreign exchange by 2029.
- When
- By 2029. The government is preparing a tourism development plan for 2027-2045.
- Where
- Indonesia.
- Why
- The government aims to make tourism a source of economic growth and create wider benefits for regional economies.
This story does not have two clearly opposing sides.
Indonesia recorded 12.01 million international visitor arrivals, up 5.01% year on year.
Tourism foreign exchange revenue reached US$8.43 billion.
Susiwijono spoke at the launch of work on the 2027-2045 national tourism development plan in Jakarta.
CNBC Indonesia published its report on the tourism revenue target.
- 2029 tourism foreign exchange target
- US$39.4 billion
- Tourism share of GDP target
- 4.9% to 5% by 2029
- International visitor arrivals
- 12.01 million in January-September 2026
- Domestic tourist trips
- 938.84 million in January-September 2026
- Tourism investment
- Rp39.68 trillion, up 16.64% in 2026
- National tourism development plan
- 2027-2045
What people are saying
The potential is extraordinary.
We hope that tourism development, especially tourism areas in the regions, can generate something that drives regional economic growth, regional GDP, job creation, and investment.