Indonesia Exceeds 2025 Non-Tax Revenue Target Amid Commodity Price Pressure

Strong PNBP Performance

Indonesia's Ministry of Finance reported that the country's Non-Tax State Revenue (PNBP) for 2025 reached Rp 534.1 trillion, surpassing the State Budget (APBN) target of Rp 513.6 trillion by 104% ¹

. This achievement is particularly notable given the challenging environment of declining commodity prices and production volumes throughout the year.

Economic Context and Challenges

Vice Minister of Finance Suahasil Nazara highlighted that the PNBP faced significant pressure due to the decline in almost all commodity prices during 2025 ¹

. Despite these challenges, the government managed to exceed the revenue target, demonstrating effective fiscal management and robust non-tax revenue collection mechanisms.

Tax and Customs Incentives

In a related development, the Ministry of Finance also reported that total tax and customs incentives for 2025 amounted to Rp 570 trillion ²

. The tax expenditure was estimated at Rp 530.3 trillion, representing a 2.23% increase from the previous year ²

Source 2

https://nasional.kontan.co.id/news/kemenkeun-catat-total-insentif-pajak-dan-kepabeanan-pada-2025-tembus-rp-570-triliun

. This significant figure underscores the government's commitment to providing fiscal support to businesses and individuals through various tax and customs incentives.

Implications and Future Outlook

The strong PNBP performance despite adverse commodity price movements suggests effective diversification and management of non-tax revenue streams. The substantial tax and customs incentives highlight the government's focus on supporting economic activity through fiscal measures. These developments are likely to have positive implications for Indonesia's fiscal landscape and economic stability moving forward.