JRF, Ye Concert Inject Rp 625 Billion into Jakarta's Economy
Reported by Dessy Suciati | Translated by Nugroho Adibrata
Two major international events—the Jakarta Running Festival 2026 and Kanye West’s concert—have significantly driven Jakarta's economic activity.
The economic impact of the festival reached Rp 175 billion
The running festival injected approximately Rp 175 billion into the local economy, engaging 49 homegrown MSMEs and showcasing 130 brands during its race expo.
“The economic impact of the festival reached Rp 175 billion, as calculated by our financial affairs team,” Jakarta Governor Pramono Anung stated, Monday (10/26).
MRT Jakarta Prolongs Weekend Service for Kanye West ConcertMeanwhile, the Ye Live in Concert event held at the Gelora Bung Karno (GBK) Main Stadium also generated substantial economic turnover. Ticket sales for the concert alone reached approximately Rp 328 billion.
Overall, the broader economic impact of the Ye concert across various sectors in Jakarta was estimated at around Rp 450 billion.
“So that is what transpired over these two days. The Ye concert brought in roughly Rp 450 billion, and the Jakarta Running Festival contributed Rp 175 billion, bringing the combined total to approximately Rp 625 billion,” Pramono explained.
He added that both major events triggered a multiplier effect across Jakarta's economy, benefiting key sectors including hospitality, retail, transportation, and tourism.
