State-Owned Enterprises' Contributions to the State Show Strong Growth in 2023

According to a report by the Indonesian Supreme Audit Agency (BPK), state-owned enterprises (SOEs) contributed Rp82.1 trillion in dividends to the state in the 2023 fiscal year.

This amount increased by approximately Rp41.5 trillion, or 102.13%, compared to the previous fiscal year.

SOE dividend contributions to the state in 2023 also reached the highest level in the last 10 years, as shown in the graph.

All of this data was compiled from the *Report on the Audit Results of the Central Government Financial Statements* (LHP LKPP) released by the BPK.

The BPK also listed the 10 SOEs that contributed the largest dividends in the 2023 fiscal year:

1. PT Bank Rakyat Indonesia (Persero) Tbk or BRI: Rp23.23 trillion
2. PT Pertamina (Persero): Rp14.02 trillion
3. PT Bank Mandiri (Persero) Tbk: Rp12.85 trillion
4. PT Telekomunikasi Indonesia (Persero) Tbk or Telkom: Rp8.65 trillion
5. PT Mineral Industri Indonesia (Persero) or MIND ID: Rp7.46 trillion
6. PT Pupuk Indonesia (Persero): Rp5.05 trillion
7. PT Bank Negara Indonesia (Persero) Tbk or BNI: Rp4.39 trillion
8. PT PLN (Persero): Rp2.19 trillion
9. PT Pelabuhan Indonesia (Persero) or Pelindo: Rp1.38 trillion
10. PT Semen Indonesia (Persero) Tbk: Rp847.61 billion