Airlangga upbeat about Indonesia's 2027 economic outlook

Jakarta (ANTARA) - Coordinating Minister for Economic Affairs Airlangga Hartarto expressed optimism that Indonesia's economic outlook for 2027 remains strong, underpinned by solid economic growth, investment, external stability, and continued manufacturing expansion.

"If asked about Indonesia's economic prospects in 2027, I have only one answer: the outlook is good," Airlangga said during the Indonesian Chamber of Commerce and Industry (Kadin) Economic & Diplomatic Breakfast of November 2026 in Jakarta on Friday.

He noted that amid global economic uncertainty driven by geopolitical dynamics, energy price fluctuations, and pressures on international trade and investment, Indonesia's economy has maintained solid and resilient performance.

This resilience is reflected in the country's 5.47 percent economic growth in the third quarter of 2026, with inflation kept under control at 3.23 percent.

On the investment front, investment realization reached Rp1,539.2 trillion (around US$84.3 billion), or 75.4 percent of the full-year target.

External resilience has also remained intact, reflected in foreign exchange reserves of US$146.8 billion, equivalent to 5.3 months of imports, and a trade surplus of US$3.36 billion.

Meanwhile, manufacturing activity has continued to expand, with the manufacturing Purchasing Managers' Index (PMI) standing at 54.0.

At the event, Airlangga called on the attending ambassadors, representatives of partner countries, and Kadin officials to further strengthen economic partnerships and boost investment in Indonesia.

The government remains committed to expanding opportunities for collaboration with international partners to drive higher and more inclusive economic growth.

Airlangga stressed that the government continues to open up investment opportunities and welcome input, noting that investment is one of the primary keys to strengthening Indonesia's economic growth.

Meanwhile, Kadin Indonesia Deputy Chairman for Foreign Affairs Coordination James T Riady affirmed the business community's readiness to strengthen collaboration with the government to attract investment amid global economic challenges.

"Kadin is ready to continue encouraging ambassadors and embassies to serve as a bridge between Indonesia and foreign investors," Riady said.

Related news: Indonesia to sign ASEAN digital economy pact on Nov. 14 in Manila

Translator: Muhammad Harianto, Raka Adji
Editor: Bayu Prasetyo
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