Jakarta's Economy Grows 5.87 Percent in Third Quarter of 2026

Jakarta's economy grew 5.87 percent year-on-year (y-o-y) in the third quarter of 2026, driven by positive performance across several business sectors. The financial and insurance services sector posted the highest growth.

the financial and insurance services sector recorded the highest growth at 10.86 percent

Kadarmanto, Head of Statistics Indonesia (BPS) Jakarta Office said Jakarta's gross regional domestic product (GRDP) at current prices reached Rp1,069.06 trillion in the third quarter of 2026. Meanwhile, GRDP at constant 2010 prices stood at Rp596.33 trillion.

International Events Credited with Boosting Jakarta’s Economy

"On the production side, the financial and insurance services sector recorded the highest growth at 10.86 percent. On the expenditure side, exports of goods and services posted the strongest growth at 9.86 percent," he noted.

Quarter-on-quarter (q-o-q), Jakarta's economy grew 0.36 percent compared with the second quarter of 2026. On the production side, educational services recorded the highest growth at 2.65 percent. Meanwhile, exports of goods and services led growth on the expenditure side, increasing by 2.56 percent.

Cumulatively, Jakarta's economy grew 5.66 percent from January to September 2026 compared with the same period in 2025.

On the production side, the accommodation and food service sector recorded the highest cumulative growth at 9.97 percent. On the expenditure side, exports of goods and services grew 9.56 percent.

Kadarmanto explained that Jakarta's economic structure in the third quarter of 2026 continued to be dominated by wholesale and retail trade, including the repair of motor vehicles and motorcycles, which accounted for 18.12 percent.

"On the expenditure side, household consumption remained the largest component, accounting for 62.73 percent," he said.