In the first quarter of 2025, state revenue in Bali reached approximately USD 284.3 million, representing 20.25% of the 2025 target and showing a year-on-year (YoY) growth of 0.27%.
According to Muhamad Mufti Arkan, Head of the Regional Office of the Directorate General of Treasury in Bali, the largest contribution came from tax revenue, amounting to USD 217.5 million (18.61% of the 2025 target). Meanwhile, non-tax state revenue (PNBP) contributed around USD 66.7 million, or 28.46% of the target.
On the spending side, realization of the State Budget in Bali as of March 31, 2025, amounted to approximately USD 313.5 million, or 24.00% of the allocated 2025 budget, reflecting a 7.95% contraction compared to the same period last year.
This includes USD 112.3 million for central government (Ministries/Agencies) spending, which is 19.54% of the budget, and USD 201.9 million for Transfers to Regions (TKD), achieving 27.50% of the allocation.
From a macroeconomic perspective, Bali’s economy remained robust. In Q4 2024, the province recorded economic growth of 5.19% YoY, higher than the national growth rate of 5.03%. As of March 2025, inflation in Bali stood at 1.89% YoY, still within the national target range of 2.5±1%.
Several events in March 2025 influenced Bali’s economic performance. These include a 50% electricity tariff discount, the government’s adjustment of the purchasing price for dry harvested unhusked rice (GKP) from USD 0.39 to USD 0.36per kilogram, and the application of a Lebaran holiday surcharge that raised interprovincial bus fares by 20%–30%.
In addition, a 13%–14% discount on airline tickets during the March 24–April 7 period boosted tourism and mobility. On the downside, extreme weather disrupted chili production and limited rice availability due to delays in the harvest season.
Sources: BaliBisnis, BeritaBali
Feat Image: via Ministry of Tourism