Politics · Indonesia · 15 hrs ago
Indonesia's Budget Deficit Reached Rp379.3 Trillion Through October
Indonesia's budget deficit reached Rp379.3 trillion through October 2026, equal to 1.47% of the country's gross domestic product.
Finance Minister Suahasil Nazara said a deficit is built into the national budget and does not mean the government is making a loss.
The budget funds spending for the public, so its purpose is not to make a profit.
By October, the government had collected Rp2,618 trillion in revenue, or 83% of its annual target, and spent Rp2,997.2 trillion, or 78% of its budget.
Revenue was up 23.9% from a year earlier, while spending rose 15.6%.
The government expects spending to speed up in November and December as ministries complete contracts and make payments.
Suahasil said the deficit is on track toward 2.85% of GDP for the full year, while the primary balance was still positive at Rp114.8 trillion through October.
Indonesia’s state budget deficit reached Rp379.3 trillion through October 2026, equal to 1.47% of gross domestic product.
Finance Minister Suahasil Nazara said the deficit was on track toward the full-year target of 2.85% of GDP.
State revenue through October was Rp2,618 trillion, while state spending reached Rp2,997.2 trillion.
Suahasil said a budget deficit does not mean the state is making a loss, because the budget is designed to fund public spending.
He expected spending to accelerate in November and December as ministries and agencies complete contracts.
- Who
- Finance Minister Suahasil Nazara announced the figures.
- What
- Indonesia’s state budget deficit reached Rp379.3 trillion through October 2026, or 1.47% of GDP.
- When
- The figures were announced on November 13, 2026, and cover the period through October.
- Where
- At a press conference at the Finance Ministry office in Jakarta.
- Why
- Suahasil said the budget is designed to run a deficit to fund spending for the public.
This story does not have two clearly opposing sides.
The budget recorded revenue of Rp2,618 trillion and spending of Rp2,997.2 trillion, leaving a deficit of Rp379.3 trillion.
Suahasil announced the deficit figures at a budget press conference in Jakarta.
Suahasil said spending was expected to accelerate as ministries and agencies completed contracts.
- Budget deficit through October
- Rp379.3 trillion
- Deficit as a share of GDP
- 1.47%
- Full-year deficit target
- 2.85% of GDP
- State revenue through October
- Rp2,618 trillion
- State spending through October
- Rp2,997.2 trillion
- Primary balance through October
- Positive Rp114.8 trillion
3 sources
What people are saying
The state budget has nothing to do with profit and loss. The state budget is spending for the people, for all the people.
The budget is designed to run a deficit, not designed to be in the red in the sense of making a loss.
The deficit is 1.47% of GDP and this is also on track toward a deficit of 2.85% of GDP.