Indonesia's 2025 Balance of Payments Signals Currency Challenges

Indonesian trade campaign

The Indonesian government is targeting a surplus in the balance of payment (NPI) in the range of US$2.5 billion to US$6.8 billion for 2025. The upper end of this target is close to the 2023 result of US$6.3 billion. This information is outlined in the Indonesian Government's 2025 Work Plan document. This projected surplus is supported by a positive trade balance, driven by export growth and a surplus in the capital and financial account, backed by foreign direct investment (FDI) and portfolio investment.

With these expectations, foreign exchange reserves are anticipated to fall between US$149.5 billion and US$153.7 billion, equating to approximately 6.1 months of import financing. According to the 2025 Work Plan, Indonesia's external stability is expected to strengthen in 2025, as the country has successfully navigated a critical period in 2024, marked by a political transition and a change in leadership.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.