Bali’s economy is set for transformation through Bank Indonesia’s Balinomics 2025 event, which aims to drive sustainable growth while addressing key economic challenges. The province’s economy should grow between 5.0% and 5.8% in 2025, surpassing the national forecast of 4.7% to 5.5%.
This positive outlook stems from government-led investment programs, the recovery of the agricultural sector, and the expansion of Bali’s leading industries. However, economic disparities and heavy dependence on tourism remain concerns. To tackle these challenges, Bank Indonesia has outlined strategic measures to ensure long-term stability and inclusive growth.
Balinomics 2025 Economic Strategy: A Roadmap for Growth
The Balinomics 2025 Economic Strategy focuses on three core pillars: boosting labor-intensive industries, widening financial access, and accelerating digital transformation. These initiatives aim to enhance Bali’s economic resilience and ensure sustainable development.
Deputy Head of Bank Indonesia’s Bali Representative Office, Butet Linda H. Panjaitan, highlighted the importance of structured investment strategies to create balanced economic growth. She stated during the Balinomics forum in Denpasar on February 26, 2025, “Currently, 65% of Bali’s economy is concentrated in South Bali, while other regions are not developing evenly. Sustainable investment strategies are needed to ensure more equitable growth.”
Reducing Economic Disparities in Bali
Bali’s economy remains highly concentrated in South Bali (Sarbagita: Denpasar, Badung, Gianyar, Tabanan), while non-Sarbagita regions struggle to keep pace. This regional imbalance limits economic opportunities for residents outside major tourism hubs.
To bridge this gap, Bank Indonesia encourages infrastructure investments and promotes economic empowerment in underdeveloped areas. Key initiatives include improving transportation networks, supporting rural enterprises, and fostering regional industries. By distributing economic growth more evenly, Bali can enhance long-term stability and reduce reliance on a single geographic area.
Diversifying Beyond Tourism for Long-Term Stability
Tourism contributes 38% of Bali’s GDP, making the province highly vulnerable to external shocks. To build resilience, economic diversification remains essential.
Bank Indonesia prioritizes the development of alternative sectors such as agrotourism, agroindustry, and the creative economy. In North Bali and other underutilized areas, investments in organic farming, artisanal production, and local entrepreneurship will generate new sources of income. By fostering diverse industries, Bali can create a more balanced and self-sustaining economy that is less dependent on fluctuations in the global tourism market.
Strengthening Digital Transformation for Economic Resilience
Digitalization plays a critical role in Bali’s economic development. However, gaps persist in digital literacy and financial inclusion. While many businesses and consumers adopt digital payment systems, limited awareness about cybersecurity and financial management prevents full integration.
Bank Indonesia actively works to close this gap through educational programs focused on digital financial literacy. Key initiatives include training for small businesses, public awareness campaigns, and partnerships with financial institutions to ensure secure transactions. Strengthening digital ecosystems in transportation, tourism, and public services will further enhance Bali’s economic efficiency and global competitiveness.
How Balinomics 2025 Economic Strategies Will Secure Bali’s Future
The Balinomics 2025 Economic Strategies aim to create a more resilient and sustainable economic future for Bali. By focusing on labor-intensive industries, expanding financial access, and promoting digital transformation, the province can achieve inclusive and long-term growth.
These strategies align with the Asta Cita Nasional framework, which prioritizes food security and digital advancements. Through collaborations between government institutions, private investors, and local communities, Bali is on track to become a stronger and more diverse economy. With structured initiatives in place, the island can move beyond its reliance on tourism and build a future that is both dynamic and sustainable.
Source: swa.co.id, balipost.com
Image: BI Bali
