Jakarta's Economy Expands Amid Rising Optimism
Reported by Dessy Suciati | Translated by Nugroho Adibrata
Jakarta's economy is on an upward trend, recording a 5.52 percent growth in Q2 2026—surpassing the national benchmark of 5.29 percent. This robust performance solidifies Jakarta's role as an economic powerhouse, accounting for 16.32 percent of the nation's Gross Domestic Product (GDP).
Jakarta’s economy is growing with strong optimism
Pramono shared the figures during a press conference on the Q3 2026 City Budget (APBD) Realization, themed 'Sustaining Growth Momentum: The Regional Budget Working in Harmony and Delivering Impact,' held at Balairung, Jakarta City Hall, Wednesday (10/21).
"Current indicators show that Jakarta’s economy is growing with strong optimism and surging public mobility," he explained.
International Music Concerts Drive Jakarta’s Economy and TourismMajor contributors driving this growth were the trade sector (18.24%), financial services (11.16%), and construction (10.84%).
Pramono highlighted the ongoing rebound in construction as a clear sign of vibrant building activities fueling the city's economic momentum.
"We hope to see further growth in construction, which truly reflects the brightening economic outlook and confidence in Jakarta," he added.
Adding to the positive outlook, August 2026's Consumer Confidence Index reached a high of 150, reflecting solid economic sentiment. On the transit front, daily commutes via public transportation continued to gain momentum.
Through September 2026, total ridership across Transjakarta, the MRT, and the LRT climbed 10.8 percent to hit 368.4 million passengers—backed by an expanded transit network that now covers 93 percent of the capital.
"This demonstrates strong public confidence, which is reflected in global benchmarks where Jakarta’s transit system ranks 15th worldwide, 7th in Asia, and 2nd in ASEAN after Singapore," he continued.
This expanded transit connectivity is further bolstered by the LRT line connecting Kelapa Gading to Manggarai, which now serves 11,361 daily commuters.
Pramono also pledged to expand the Transjabodetabek network, making regional commutes smoother and more accessible for the public.