Indonesia Implements Progressive Gold Export Duty in 2026

Policy Background and Objectives

The Indonesian government is set to introduce a gold export duty in 2026, targeting various gold products including dore, granules, cast bars, and minted bars ²

. This policy move comes as Indonesia experiences a surge in gold and jewelry exports, particularly to Singapore ¹

Source 1

https://nasional.kontan.co.id/news/kebijakan-bea-keluar-emas-dinilai-bisa-dongkrak-fiskal-asal-aturannya-jelas

. The export duty is designed with a progressive tariff structure that correlates with global gold prices.

Tariff Structure and Pricing Mechanism

The proposed export duty will be implemented on a sliding scale based on international gold prices. When gold prices range between US$2,800 and below US$3,200 per troy ounce, the export duty will be imposed at rates between 7.5% and 12.5% ²

. If gold prices rise above US$3,200 per troy ounce, the tariff will increase to a range of 10% to 15% ²

Source 2

https://nasional.kontan.co.id/news/soal-pungutan-bea-keluar-emas-ini-respons-pengamat

. This pricing mechanism is tied to the Harga Mineral Acuan (HMA), or the reference mineral price.

Economic Rationale and Potential Impact

The primary motivation behind this policy is to boost fiscal revenue for the government while ensuring that the increasing global demand does not negatively impact domestic gold supply ¹

. Economic analysts view this move as potentially beneficial for fiscal enhancement, provided the regulations are clearly defined ²

Source 2

https://nasional.kontan.co.id/news/soal-pungutan-bea-keluar-emas-ini-respons-pengamat

. The measure also reflects the government's efforts to balance export activities with domestic market needs.

Implementation Timeline

The gold export duty is scheduled for implementation in 2026, giving stakeholders time to prepare for the new regulations. The government has emphasized that clear guidelines will be established to ensure smooth execution of the policy.