Inp.polri.go.id - Jakarta. Indonesia recorded Rp 1,917.6 trillion in tax revenue by the end of 2025, equivalent to 87.6 percent of the state budget target, the Ministry of Finance announced on Thursday (8/1/2026).

Deputy Finance Minister Suahasil Nazara said the figure fell short of the Rp 2,189.3 trillion target, leaving a gap of about Rp271.7 trillion. 

“Gross tax revenue still grew by 3.7 percent, although net revenue contracted slightly by 0.7 percent,” he said during the January state budget briefing, as cited by antaranews.com.

The shortfall was mainly driven by weaker performance in the first half of 2025, when corporate income tax declined by more than 10 percent year-on-year. Personal income tax and value-added tax also contracted during the same period.

Revenue performance improved in the second half of the year, with corporate and personal income taxes returning to growth alongside VAT and luxury goods tax.

Overall, gross tax revenue in 2025 reached Rp 2,278.8 trillion, higher than the 2024 realization.

(mg/inp/pr/rs)