Jakarta’s 2026 Economy on the Up and Up, BI Predicts
Reported by Folmer | Translated by Nugroho Adibrata
Bank Indonesia (BI) anticipates that Jakarta’s economy will stay on a steady climb, with growth projected to hover between 4.8% and 5.6% (yoy) throughout 2026.
They were quick off the mark to restore public confidence
BI’s Jakarta Representative Office Head, Iwan Setiawan noted that this positive trajectory is anchored by inflation rates remaining well-controlled within the target range of 2.5% ± 1%.
Reviewing past performance, Jakarta’s economy bounced back to 5.71% in Q4 2025, a significant leap from the 4.9% recorded in the previous quarter following the unrest in late August.
Kombongan Market Upgrade Signals Jakarta’s Commitment to Local Economy"Jakarta’s economic recovery in Q4 2025 gained steam faster than expected, thanks to the decisive leadership of Governor Pramono Anung and Vice Governor Rano Karno. They were quick off the mark to restore public confidence, and we tip our hats to the Jakarta government’s bold breakthroughs and strategic approach," Iwan explained.
Looking ahead to Q1 2026, the economy is expected to get a second wind ahead of major national religious holidays, including Chinese New Year, Nyepi, Ramadan, and Idulfitri.
"The outlook remains robust, powered by a surge in household consumption and high levels of public activity," he concluded.
