As of August, Tax Revenue Declines by 5.1%
JAKARTA. The realization of tax revenue from January to August 2025 amounted to IDR 1,135.4 trillion, representing a negative growth of 5.1% compared to the same period in 2024.
According to the Ministry of Finance in its presentation on the 2025 State Budget performance (APBN), this figure reflects just 54.7% of the projected tax revenue for the full year 2025.
A detailed breakdown of the revenue is as follows:
- Corporate Income Tax: IDR 194.20 trillion
- Individual Income Tax: IDR 15.91 trillion
- Value-Added Tax and Sales Tax on Luxury Goods Sales Tax (VAT and STLG): IDR 416.49 trillion
- Land and Building Tax (PBB): IDR 14.17 trillion
Impact of Tax Refunds
Deputy Minister of Finance Anggito Abimanyu stated that net Corporate Income Tax revenue declined by 8.7% due to tax refunds. Meanwhile, Individual Income Tax increased by 39.1%.
VAT and Sales Tax on Luxury Goods (STLG) recorded a negative growth of 11.5%, while Land and Building Tax grew by 35.7%. “However, in gross terms, our overall tax revenue actually grew by 2.1% to IDR 1,442.7 trillion,” Anggito said on Tuesday (23/9).
Overall, state revenue realization under the 2025 State Budget totaled IDR 1,618.7 trillion, representing 57.2% of the projected 2025 target.
On the expenditure side, state spending reached IDR 1,960.3 trillion, or 55.6% of the 2025 budget outlook. As a result, the budget deficit as of the end of August 2025 was recorded at IDR 321.6 trillion, equivalent to 1.35% of Gross Domestic Product (GDP). (ASP/KEN)
