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Search result with “Indonesia Tax To Gdp Ratio” as a keyword founded 47 news.

Indonesia’s Budget Deficit Under Control at 2.02% GDP

... had soared compared to the 1.40 percent deficit-to-GDP ratio witnessed in January ... customs and excise. Non-tax revenue amounted to Rp 402.4 trillion. The ... state receipts from January to October 2024. Indonesia has set the full ...
Business Nov 20, 2025 | 4:27 pm

Why Indonesia’s ‘Golden Generation’ Could Stall Economic Growth

... Economists Alliance (AEI) said Indonesia’s dependency ratio has fallen below 45 percent ... potential. Talitha pointed out that Indonesia’s tax-to-GDP ratio remains low, around 10.5–11 ... . Read More: Indonesia Needs $784 Billion in Investment to Reach 8% Growth ...
Business Oct 8, 2025 | 5:24 pm

Economist Says 23% Revenue-to-GDP Target Requires Multi-Year Reforms

... such as the Tax Directorate General, Customs, Statistics Indonesia (BPS), financial ... institutions, and digital platforms. “Accurate tax base ... foundation for lifting the revenue-to-GDP ratio toward 23 percent,” Josua ...
Business Oct 7, 2025 | 5:06 pm

Indonesia Sets 2026 GDP Growth Target at 5.4%, Deficit at 2.68% of GDP

... revenue: Rp 3,153.58 trillion Tax revenue: Rp 2,693.71 ... , or 2.68 percent of GDP Welfare Indicators Open unemployment rate ... poverty rate: 0–0.5 percent Gini ratio: 0.377–0.380 Human Capital Index ... 2026 budget is also designed to accelerate growth, create jobs, ...
Business Sep 24, 2025 | 3:59 am

Finance Minister Vows to Reduce Reliance on Foreign Debt

... Yudhi Sadewa on Tuesday pledged to reduce Indonesia’s reliance on foreign debt ... budget, we can generate higher tax revenues. Ideally, this will prevent ... Whoosh Line He added that Indonesia’s debt-to-GDP ratio remains within a safe range ...
Business Sep 23, 2025 | 8:14 pm

2026 State Budget Passed: DPR Approves $230 Billion Spending

... excise: Rp336 trillion Non-tax (PNBP): Rp459.2 trillion Expenditure ... Rp1,639.2 trillion Transfers to regions: Rp693 trillion ... trillion (2.68 percent of GDP) Primary Balance: Rp89.7 ... 6.5–7.5% Extreme poverty: 0–0.5% Gini ratio: 0.377–0.380 GNI per capita ...
Business Sep 23, 2025 | 12:35 pm

Purbaya Says No Plan to Form State Revenue Agency Despite 5.1% Drop in Tax Collection

... hopes it could increase the tax-to-GDP ratio to 23 percent. The manifesto wrote ... year, according to the Finance Ministry. The archipelagic Indonesia only collected around ... had come from corporate income tax. Indonesia amassed around Rp 194.9 trillion ...
Business Sep 22, 2025 | 6:39 pm

Finance Minister Vows Overhaul of Troubled Coretax System to Boost Revenue

... million) investment, was designed to streamline Indonesia’s tax administration. But the system ... part of a broader push to lift Indonesia’s tax-to-GDP ratio, which stood at just ... percentage points to the ratio by 2030. Read More: Indonesia’s Tax Revenue Drops ...
Business Sep 22, 2025 | 5:51 pm

Prabowo Raises Pay for Teachers, Govt Officials

... Prabowo Subianto has agreed to increase teachers’ salary, particularly ... at the same time, Indonesia’s government officials will also ... can secure the job. Indonesia recently saw massive waves ... document, he wishes to catapult the tax-to-GDP ratio to 23 percent. The ...
News Sep 18, 2025 | 6:58 pm

Indonesia’s Foreign Debt Eases to $432.5 Billion in July

... Monday by Bank Indonesia. The country’s external debt-to-GDP ratio also improved slightly ... , falling to 30 percent from ... More: Sri Mulyani’s Successor Told to Tax the Superrich, Restructure Debt By ...
Business Sep 15, 2025 | 4:04 pm

Sri Mulyani’s Successor Told to Tax the Superrich, Restructure Debt

... Mulyani, is already facing calls to tax the crazy rich and restructure ... , Celios is urging Purbaya to slap a 2 percent tax on Indonesia's richest individuals -- a move ... ago estimated that Indonesia’s debt-to-GDP (gross domestic product) ratio would reach 39 ...
Business Sep 8, 2025 | 9:33 pm

Rupiah May Strengthen Below Rp 16,000 as Growth Outlook Holds Steady

... : Shadow Economy, Corporate Evaders: Why Indonesia's Tax Ratio Remains Low at 10% On ... budget serving as a key instrument to safeguard economic stability and improve ... percent of gross domestic product (GDP). The government said the budget ...
Business Aug 18, 2025 | 4:39 pm

Shadow Economy, Corporate Evaders: Why Indonesia's Tax Ratio Remains Low at 10%

... appears to have struggled to reach beyond 10 percent, with the tax-to-GDP ratio only ... percent (2024). Indonesia is lagging behind the average tax-to-GDP ratio of the rich ... think tank CSIS Indonesia, commented on why the tax-to-GDP ratio remained stagnant at ...
Business Aug 18, 2025 | 2:10 pm

ADB Approves $500 Million Loan for Indonesia to Improve Tax Collection

... policy-based loan for Indonesia to improve its tax collection. The financial ... subprogram could add Indonesia’s tax-to-gross domestic product (GDP) ratio by 1.28 percentage ... organization OECD reported that Indonesia’s tax-to-GDP ratio stood at 12 percent ...
Business Aug 14, 2025 | 10:36 am

Second Semester 2025: a Test of Economic Resilience

... to 2024, due to weakening purchasing power, a rising consumption-to-income ratio ... nearly a third of global GDP. However, better policy ... signature bill of tax breaks and spending ... turning point -- whether Indonesia adapts to a more fragmented and competitive ...
Opinion Aug 3, 2025 | 8:29 pm

New Tax Rule: Online Sellers Earning Over Rp 500M to Face 0.5% Income Tax

... said. Read More: Indonesia Delays Sugary Drink Tax to 2026 Importantly, micro, ... clearly, and transparently,” she said. Indonesia’s Tax Revenue Snapshot 2024 target: Rp ... Rp 2,189.3 trillion (+13.9 percent) Tax‑to‑GDP ratio: 10.3 percent (2023), 11.8 percent ...
Business Jun 26, 2025 | 1:59 pm

Indonesia Wants to Be on Cambodia’s Level for Tax-to-GDP Ratio

... economy, Indonesia’s tax revenue-to-gross domestic product (GDP) ratio is ... plans were underway to catapult Indonesia’s tax-to-GDP ratio to at least ... be on par with Cambodia. This ratio gauges a country's tax ...
Business Feb 19, 2025 | 3:30 pm

Indonesia’s Economy Remains Solid, Minister Airlangga Says

... 1.5 and 3.5 percent. Debt-to-gross domestic product (GDP) ratio hit 38.9 percent as ... told reporters in Jakarta. Indonesia’s GDP also continues to grow, reaching Rp 22 ... will continue our tax holiday and tax allowance to maintain our investment climate ...
Special Updates Feb 6, 2025 | 7:41 am

Tax Evasion Crackdown Better than 12 Pct VAT: Analyst

... government’s lower luxury tax revenue target. Indonesia aims to amass Rp 16.61 ... trillion set for this year. Indonesia last raised the VAT from ... , remained stagnant. Data shows income tax-to-GDP ratio went up from 4.1 percent in ...
Business Dec 26, 2024 | 10:45 am

VAT Hike Threatens to Shrink Indonesia's Middle Class Further

... 2018 due to weakened purchasing power. According to the Indonesia Economic Outlook ... contributes about 50.7 percent of Indonesia's total tax revenue, plays a vital ... or higher subsidies, worsening the tax-to-GDP ratio and challenging fiscal sustainability.
News Dec 4, 2024 | 11:07 am