INDONESIAN ECONOMIC INDICATORS

Indonesia’s economic growth in Q3/2025 was at 5.04% YoY supported by strong domestic demand and a good export performance, resilient investment, and government spending. From the domestic demand side, household consumption grew 4.89% YoY, in line with increasing population mobility, growth in digital transactions, and support from government policies. Meanwhile, government consumption grew 5.49%, with spending on goods and personnel growing 19.3% and 9.0%, respectively.

Indonesia’s stable economy continues to have positive implications for hotel market performance, supported by resilient domestic demand, sustained consumer spending, and rising household consumption. Increased expenditure on accommodation and F&B has reinforced the hotel sector’s role as a key contributor to GDP growth, particularly within services.