Tax Revenue Reaches Rp342.88 Trillion as of March 15, 2024

Economics & Macro

Lite

Cindy Mutia Annur 27/03/2024 16:06 WIB

URL has been copied

Memuat...

According to a report from the Indonesian Ministry of Finance (Kemenkeu), Indonesia's tax revenue reached Rp342.88 trillion as of March 15, 2024.

Indonesia's Tax Revenue Realization (March 15, 2024)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Tax Revenue Reaches Rp342.88 Trillion as of March 15, 2024

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia's Tax Revenue Realization (March 15, 2024)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to a report from the Ministry of Finance (Kemenkeu), Indonesia's tax revenue reached Rp342.88 trillion as of March 15, 2024. This figure is equivalent to 17.24% of the 2024 State Budget (APBN) target.

Tax revenue realization in the middle of this month decreased by 3.7% year-on-year (yoy).

Finance Minister Sri Mulyani stated that non-oil and gas income tax (PPh) revenue was recorded at Rp203.92 trillion, equivalent to 19.18% of the target.

Furthermore, the realization of Value Added Tax (PPN) and Luxury Goods Sales Tax (PPnBM) reached Rp121.92 trillion, or 15.03% of the target.

The realization of Land and Building Tax (PBB) and other taxes was recorded at Rp2.56 trillion, or 6.79% of the target. Meanwhile, the realization of revenue from oil and gas income tax (PPh migas) was recorded at Rp14.48 trillion, equivalent to 18.95% of the target.

“Our tax revenue is experiencing some pressure due to declining commodity prices since last year, resulting in companies requesting refunds, thus putting pressure on our net refunds. However, in terms of the gross amount, before deducting refunds, we are still growing at 5.7%,” said Sri Mulyani in an online press conference on the Kemenkeu YouTube account, Monday (March 25, 2024).

According to Sri Mulyani, this is evident in the decline in domestic PPN and oil and gas PPh. Meanwhile, non-oil and gas PPh continues to grow positively, supported by national economic activity.

Overall, state revenue was recorded at Rp493.2 trillion, equivalent to 17.6% of this year's revenue target of Rp2,802.3 trillion. This achievement contracted by 5.4% year-on-year (yoy).

Sri Mulyani stated that this contraction occurred because state revenue grew very high in 2021 and 2022.

"We know that (growth) will undergo a correction. So, state revenue growth is negative 5.4% (as of March 15, 2024)," said Sri Mulyani.

Meanwhile, state expenditure realization as of March 15, 2024, reached Rp470.3 trillion, equivalent to 14.1% of this year's budget ceiling of Rp3,325.1 trillion.

Unlike revenue, which was corrected, state expenditure realization until mid-March 2024 actually swelled by 18.1% (yoy).

With higher revenue realization compared to state expenditure, the APBN recorded a surplus of Rp22.8 trillion as of March 15, 2024.

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."

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Today's Weather in Aceh Singkil: Humidity 68-94% Demographics 06/12/2025, 22:36 WIB

Light rain expected in South Tapanuli today. Demographics 06/12/2025, 21:39 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 06/12/2025, 20:20 WIB

South Sumatra Most Polluted in Indonesia Tonight (6/12) Consumer Services & Health 06/12/2025, 19:48 WIB

Which Province Has the Highest Average Monthly Per Capita Expenditure? Market 06/12/2025, 19:30 WIB

Corn Productivity Based on the KSA Area Sample Framework, 2020-2024 Agroindustry 06/12/2025, 18:41 WIB

Download

Source

Tax Revenue Reaches Rp342.88 Trillion as of March 15, 2024

Tax Revenue Reaches Rp342.88 Trillion as of March 15, 2024

Tags

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Popular Data

Tax Revenue Reaches Rp342.88 Trillion as of March 15, 2024

Tax Revenue Reaches Rp342.88 Trillion as of March 15, 2024

Tags

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Trending Topics

Popular Data