Indonesia's Economic Growth Trails Vietnam's in 2025

Comparative Economic Performance

Indonesia's economic growth in 2025 is set to significantly lag behind Vietnam's impressive performance. Vietnam's GDP grew by 8.02% annually in 2025, meeting the target set by the National Assembly and the Vietnamese government. This achievement is particularly noteworthy given the challenges posed by severe natural disasters and global economic uncertainties.

Indonesia's Growth Numbers

The Central Statistics Agency (BPS) reported that Indonesia's economy grew by 5.04% year-on-year in the third quarter of 2025 compared to the same period in 2024. While this indicates a positive growth trajectory, it falls short of Vietnam's remarkable expansion.

Factors Behind Vietnam's Success

Vietnam's economic resilience is attributed to strong political determination, effective government policies, and the adaptability of its business community. Despite facing geopolitical pressures, international trade slowdowns, and the adverse effects of climate change, Vietnam maintained its growth momentum. The Director General of Vietnam's National Statistics Office, Nguyen Thi Huong, highlighted that these results demonstrate the effectiveness of government policies and the resilience of the Vietnamese economy.

Implications for Indonesia

The comparative economic performance between Indonesia and Vietnam in 2025 raises important questions about Indonesia's economic strategies and policy effectiveness. As Indonesia continues to navigate its economic challenges, examining Vietnam's successful strategies could provide valuable insights for future growth.