
Bali Business Insights Report Q1 2025
Bali’s economy continued its robust rebound into early 2025, building on the strong recovery of 2024. In Q4 2024 Bali’s GDP grew 5.19% year-on-year (yoy), outpacing Indonesia’s national growth of 5.02%. For 2024 overall, Bali’s economy expanded by 5.48%, exceeding the national rate of 5.03%. This growth was fueled by a surge in tourism-related services and investment. Notably, international tourist arrivals in 2024 jumped 17.65% yoy, boosting Bali’s exports (mostly tourism services) and helping drive the recovery. Investment also rose 4.19% yoy in late 2024, aided by the completion of infrastructure projects.