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Tax Revenue Grows 22.1% in May 2026, Purbaya Points to Stronger Economy

Asep Munazat Zatnika

June 23, 2026

Tax Revenue Grows 22.1% in May 2026, Purbaya Points to Stronger Economy

JAKARTA. Minister of Finance Purbaya Yudhi Sadewa stated that tax revenue realization as of the end of May 2026 grew by 22.1% year-on-year (yoy) to IDR 834.4 trillion.

According to him, the strong tax revenue performance indicates that Indonesia’s economy is improving, contrary to criticisms suggesting that economic growth exists only on paper.

“There are criticisms that the economy is improving only on paper and not in the real economy,” Purbaya said on Friday (June 5) while presenting the performance of the 2026 State Budget (APBN).

Compared with the 2026 State Budget tax revenue target of IDR 2,357.7 trillion, the realization has reached 35.4% of the annual target.

Tax Revenue by Tax Type

Tax revenue continued to be dominated by Value Added Tax (VAT) and Sales Tax on Luxury Goods (STLG) collections, which amounted to IDR 315.7 trillion.

Meanwhile, Corporate Income Tax and Corporate Income Tax Deposits generated IDR 167.6 trillion in revenue.

The following is a breakdown of tax revenue realization by tax type and its growth as of May 31, 2026:

  • Corporate Income Tax and Corporate Income Tax Deposits: IDR 167.6 trillion (up 23.9%)  
  • Individual Income Tax and Income Tax Article (ITA) 21: IDR 123.1 trillion (up 26.0%)  
  • Final Income Tax, ITA 22, and ITA 26: IDR 138.7 trillion (up 5.2%)  
  • VAT and STLG: IDR 315.7 trillion (up 41.3%)  
  • Other taxes: IDR 89.3 trillion (down 6.0%)  

Tax Revenue by Economic Sector

By economic sector, tax revenue was still dominated by the trade sector, which contributed 25.5% of total tax revenue and recorded growth of 52.4%. The performance was supported by the wholesale fuel trade and e-commerce subsectors.

The manufacturing sector was the second-largest contributor, accounting for 23.6% of total tax revenue and posting annual growth of 19.7%. Revenue performance in this sector was primarily driven by the palm oil industry subsector.

Meanwhile, the mining, transportation and warehousing, construction and real estate, and business services sectors contributed 9.0%, 4.6%, 3.8%, and 3.4%, respectively, to total tax revenue.