Household Consumption Finally Strengthens as a Share of GDP in Q1 2025

Economics & Macro

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Viva Budy Kusnandar 07/05/2025 20:00 WIB

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Household consumption in Q1 2025 grew faster than national GDP.

Year-on-Year (YoY) Growth of Household Consumption and National GDP (Quarter I 2020–Quarter I 2025)

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Year-on-Year (YoY) Growth of Household Consumption and National GDP (Quarter I 2020–Quarter I 2025)

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The Central Statistics Agency (BPS) released data showing that Indonesia's national Gross Domestic Product (GDP) at constant 2010 prices reached Rp3.26 quadrillion in Q1 2025. This figure represents a 4.87% year-on-year (yoy) growth compared to Q1 2024.

Meanwhile, household consumption expenditure, a component of GDP, grew by 4.89% (yoy) to Rp1.74 quadrillion in Q1 2025.

Household consumption in Q1 2025 grew slightly faster than the national GDP, marking the first time this has occurred in the last six quarters.

Household consumption remained the main driver of national GDP growth in the first three months of the year, reaching Rp3.09 quadrillion. This accounts for 54.53% or more than half of the national economy.

Here's the breakdown of GDP growth at constant 2010 prices by expenditure in Q1 2025:

* Household consumption: 4.89% (yoy)
* Non-profit institutions serving households (LNPRT) consumption: 3.07% (yoy)
* Government consumption: -1.38% (yoy)
* Inventory changes: -
* Export of goods and services: 6.78% (yoy)
* Less import of goods and services: 3.96% (yoy)
* National GDP: 4.87% (yoy)

Editor : Erlina Fury Santika

"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."