Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

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Adi Ahdiat 04/03/2025 11:47 WIB

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In the 2025-2029 National Medium-Term Development Plan (RPJMN), President Prabowo targets achieving 8% economic growth by 2029.

Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

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Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

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President Prabowo Subianto has established the National Medium-Term Development Plan (RPJMN) for the 2025-2029 period.

The details are stipulated in Presidential Regulation (Perpres) Number 12 of 2025, enacted on February 10, 2025.

This RPJMN sets various targets, one of which relates to Indonesia's economic growth, which is expected to reach 5.3% in 2025.

This target will then be increased in subsequent years to reach 8% in 2029.

This document states that the government has eight main strategies to achieve high economic growth, namely:

1. Increasing agricultural productivity towards food self-sufficiency;
2. Industrialization/downstreaming of labor-intensive, export-oriented, and sustainable sectors;
3. Tourism and the creative economy;
4. Blue economy and green economy;
5. Cities as centers of economic growth;
6. Digital transformation;
7. Export-oriented foreign direct investment (FDI) and non-state budget investment;
8. State spending for productivity through free nutritious meal programs, the construction of 3 million houses, and others.

"Concretely, there are eight strategies for sustainable high growth, complemented by key drivers, namely deregulation of licensing and pro-growth fiscal and monetary policies," as quoted from the RPJMN 2025-2029.

"In the context of medium-term economic growth, increasing production capacity through productive sectors must be done simultaneously through economic transformation strategies. Productive sectors are expected to create new job opportunities that can absorb labor and encourage the creation of a [middle class](https://databoks.katadata.co.id/tags/kelas-menengah)," it continues.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

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Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

Indonesia's Economic Growth Target in the 2025-2029 National Medium-Term Development Plan (RPJMN)

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Impact of the Sumatra Disaster, Indonesia's GDP Could Decrease by IDR 68 Trillion

Annual Inflation in Indonesian Provinces in November 2025, Riau Highest

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