macro

Indonesia's budget deficit reaches 1.47% of GDP over nine months

Indonesia's budget deficit for the first nine months of 2026 reached 379.3 trillion rupiah, Finance Minister Suahasil Nazara said, according to Reuters.

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what happened

Indonesia's budget deficit for the first nine months of 2026 came to 379.3 trillion rupiah, or $20.81 billion. Finance Minister Suahasil Nazara announced the figure on Friday. He said the deficit equals 1.47% of gross domestic product.

The information was reported by Reuters. At the exchange rate cited in the report, one US dollar equals 18,225 rupiah.

why it matters

For investors in rupiah-denominated bonds and the currency, these figures serve as a gauge of the government's fiscal position. A deficit near 1.5% of GDP is generally seen by markets as a moderate burden on public finances, so the trend in revenue and spending feeds into assessments of the country's sovereign risk.

tags

instruments

USD/IDRIndonesian rupiah government bonds

sources

  1. Indonesia budget deficit at 1.5% of GDP in January to October, minister says — Reuters, 13 November 2026 at 02:37 UTC

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