February 20, 2026 | 01:15 pm
TEMPO.CO, Jakarta - Bank Indonesia (BI) reported that Indonesia’s Balance of Payments (BOP) recorded a deficit of US$7.8 billion in 2025, a sharp reversal from the US$7.2 billion surplus recorded in 2024.
The current account posted a deficit of US$1.5 billion, equivalent to 0.1 percent of Gross Domestic Product (GDP), down from a 2024 deficit of US$8.6 billion, or 0.6 percent of GDP.
“This development is driven by a higher trade balance surplus, reflecting stronger export performance, particularly in manufactured goods,” said Ramdan Denny Prakoso, Executive Director of BI’s Communication Department, in an official statement on Friday, February 20, 2026.
Indonesia’s trade in goods recorded a surplus of US$49.8 billion in 2025, up from US$39.8 billion in 2024. The growth was mainly supported by an increase in the non-oil trade balance.
Rising Deficits in Services and Primary Income
The services account deficit widened to US$19.8 billion, compared with US$18.5 billion in 2024. “This increase is largely due to higher deficits in telecommunications services, reflecting the growth of the information and communication sector,” Denny explained.
The primary income balance also saw a larger deficit of US$38.2 billion, up from US$35.8 billion in 2024, driven by increased payments on returns from direct and portfolio investments.
Secondary Income and Remittances Support Balance
The secondary income balance, which includes remittances, recorded a surplus of US$6.7 billion in 2025, up from US$5.9 billion in 2024. The growth is attributed to higher remittance receipts from Indonesian migrant workers.
Capital and Financial Transactions Shift to Deficit
Capital and financial transactions swung to a deficit of US$4.2 billion in 2025, a sharp reversal from the US$18 billion surplus in 2024. Denny attributed the shift to outflows in foreign portfolio and other investments amid global financial market uncertainty throughout 2025.
Read: Indonesia and US Sign Trade Deal for New Golden Age Alliance
Click here to get the latest news updates from Tempo on Google New
Why Is Indonesia Sending Thousands of Troops Into Gaza?
2 jam lalu
Indonesia will join the Board of Peace and will send troops to Gaza. It's a risky move politically but President Prabowo says he has good reasons.
Indonesia and US Sign Trade Deal for New Golden Age Alliance
3 jam lalu
Indonesia and the US officially signed the Agreement on Reciprocal Trade (ART) in Washington, D.C.
Indonesia Expedites Return of Citizens Linked to Online Scam in Cambodia
14 jam lalu
Based on the preliminary results, no indications of human trafficking were found among the Indonesian citizens involved in online scam in Cambodia.
Indonesia Not Bound to US$1B Fund Despite Board of Peace Membership
16 jam lalu
Foreign Ministry says Indonesia's $1B Gaza contribution via the Board of Peace is not mandatory and remains under technical review.
Indonesia to Preside Over UN HRC Session for First Time in Geneva
17 jam lalu
Indonesia will lead the 61st UN Human Rights Council session in Geneva for the first time as part of its role as the 20th President of the council.
Indonesia Claims ISF Participation in Gaza Gains Palestine 'Consent'
17 jam lalu
Indonesia earlier announced plans to send around 8,000 personnel to join the peacekeeping mission in Gaza.
Prabowo to U.S. Entrepreneurs: 'Let's Make Money Together'
19 jam lalu
Indonesia, Prabowo claims, is committed to maintaining the investment climate through regulatory certainty, law enforcement, and good governance.
Indonesia's Fish Production Rises, Except for Carp
20 jam lalu
Of 17 fisheries commodities, goldfish is the only one experiencing a decrease in production.
Indonesia-US Trade Deal Expands Market Access
22 jam lalu
Minister Airlangga said the Indonesia-U.S. trade deal aims to boost market access, ease trade barriers, and expand investment.
Ahmad Sahroni Returns as Deputy Chair of DPR Commission III
1 hari lalu
Indonesian House of Representatives (DPR) Deputy Speaker appointed Ahmad Sahroni as Deputy Chair of Commission III from the NasDem Party.
:strip_icc():format(jpeg)/kly-media-production/medias/5357081/original/011599400_1758518426-expressive-young-girl-posing.jpg)