Business · Economy · 1 hr ago
Indonesia targets faster growth in 2027 despite economic challenges
Indonesia’s Deputy Coordinating Minister for Economic Affairs, Dradjad Hari Wibowo, says the country still faces major economic challenges in 2027 even as the global outlook improves.
Global growth is forecast at 3.1%, but geopolitical risks, protectionism and volatile financial markets could still affect trade and investment.
Indonesia’s economy grew 5.45% in the first half of 2026, and investment reached 1,539.2 trillion rupiah in the first nine months, up 7.3% from a year earlier.
The government is aiming for 6% economic growth in 2027, with a longer-term target of 8%.
Reaching those goals will require faster investment growth, higher productivity and exports of more valuable products, supported by efficient logistics.
The government is also backing 26 downstream-industry projects expected to create about 37,833 jobs, while steps to simplify permits aim to improve certainty for investors.
Officials say investment and trade must become new sources of growth, and they are working to remove barriers and strengthen regulatory certainty.
Indonesia is targeting economic growth of 6% in 2027, despite challenges including geopolitical risks, protectionism and financial market volatility.
Deputy Coordinating Minister for Economic Affairs Dradjad Hari Wibowo said the global economic outlook is expected to improve in 2027.
The government plans to boost household consumption, improve public spending and accelerate investment and exports.
Indonesia’s economy grew 5.45% in the first half of 2026, while investment reached Rp1,539.2 trillion in January-September.
The government is also relying on downstream industries, with 26 projects worth Rp225 trillion projected to create about 37,833 jobs.
- Who
- Indonesia’s government, with Deputy Coordinating Minister for Economic Affairs Dradjad Hari Wibowo outlining its growth strategy.
- What
- Indonesia is targeting 6% economic growth in 2027 while addressing economic challenges.
- When
- The target is for 2027. Dradjad spoke in Jakarta on October 22, 2026.
- Where
- Indonesia.
- Why
- The government aims to strengthen growth by expanding investment, exports and productivity amid global risks and economic uncertainty.
This story does not have two clearly opposing sides.
Dradjad Hari Wibowo delivered a keynote speech in Jakarta outlining economic conditions and the government’s growth strategy.
Indonesia is targeting economic growth of 6%.
- 2027 growth target
- 6%
- First-half 2026 economic growth
- 5.45%
- Investment, January-September 2026
- Rp1,539.2 trillion, up 7.3% year on year
- Downstream projects
- 26 projects worth Rp225 trillion, projected to create about 37,833 jobs
What people are saying
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