Tax revenue collection is showing good growth in Indonesia so far in 2018. However, due to the ambitious target set by the central government chances of another tax shortfall remain highly probable at the end of the year. Based on data from Indonesia's Finance Ministry, non-oil & gas tax revenue realization grew 19.1 percent year-on-year (y/y) to IDR 156.8 trillion (approx. USD $11.4 billion) between 1 January and 7 March 2018, from IDR 131.7 trillion in the same period one year earlier.

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Indonesia's Directorate General of Taxes claims that tax revenue realization in Indonesia will grow by a double-digit figure (on a year-on-year basis) in January 2018. This result comes on the back of strengthening commodity prices that bring in more tax money for the government.

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