Indonesia's trade balance has maintained a surplus for 54 consecutive months, reaching USD 24.4 billion as of October 2024, despite global economic challenges. Minister of Finance Sri Mulyani Indrawati highlighted this achievement during the presentation of the 2025 State Budget Implementation List (DIPA) and the launch of the 6.0 electronic catalog by President Prabowo Subianto at the State Palace in Jakarta on Tuesday (10/12). "Our trade balance remains positive, with exports up to October 2024 totaling USD 24.4 billion," said Minister Sri Mulyani on Wednesday (11/12). She noted that the trade balance has grown 10.2% over the past 54 months, supported by strong exports from the manufacturing sector and industries undergoing downstream development.
In the 2025 State Budget framework, the government projects 5.2% economic growth, 2.5% inflation, and a 10-year government bond interest rate of 7%. The budget deficit is set at IDR 616.2 trillion, equivalent to 2.53% of GDP. Additionally, the government assumes an exchange rate of IDR 16,000 per USD, crude oil prices at USD 82 per barrel, and daily production targets of 605,000 barrels for oil and 1,005,000 barrels for gas. Minister Sri Mulyani emphasized that the surplus reflects Indonesia's robust export potential, driven by both manufacturing and downstream industries, amid ongoing global economic uncertainty.
