Indonesia Ministry of Finance

What Indonesia Ministry of Finance does

The Indonesia Ministry of Finance (Kementerian Keuangan Republik Indonesia) is the national government ministry responsible for fiscal policy, taxation, customs enforcement, and state budget administration in Indonesia. Founded in 1945 and headquartered in Jakarta Pusat, it operates as a state institution with 10,000+ employees and serves the entire Indonesian economy rather than a commercial customer base. Its core functions include collecting national revenue, regulating import and export activity, and administering the state budget. The ministry does not operate commercial products or distribution channels; its "outputs" are regulatory enforcement, fiscal policy, and public financial administration. Its only disclosed proprietary technology asset is a planned AI-based monitoring system intended to detect illegal trading practices, particularly in secondhand clothing and bag imports, integrating with existing customs oversight infrastructure. As a government entity, the ministry is funded through the state budget and does not have shareholders, an IPO status, or traditional revenue mechanics; its "customers" are effectively the Indonesian public, domestic industries, and MSMEs that benefit from protection against smuggling and unfair import competition. The organization holds monopoly statutory authority over fiscal and customs matters within Indonesia, with the ability to impose both financial penalties and criminal sanctions for violations such as illegal importation.

Name

Indonesia Ministry of Finance

Legal name

Kementerian Keuangan Republik Indonesia

Website

https://kemenkeu.go.id

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Indonesia Ministry of Finance is the national government ministry responsible for fiscal policy, taxation, customs enforcement, and state budget administration, serving the Indonesian public, domestic industries, and MSMEs with regulatory authority over trade and financial matters.

Ownership category

akta.pro rank

Product category

Government Financial Administration

NAICS

Public Finance Activities (921130), Administration of Economic Programs (9261), Executive, Legislative, and Other General Government Support (921)

akta.pro primary industry

Government Accounting & Financial Reporting (BPAIAEAD)

akta.pro secondary industries

State/Provincial Treasury, Budget & Fiscal Management (BPAIABAC), Tax Return Filing, Processing & Assessment (BPAIADAC), Revenue Systems, E-Filing & Digital Tax Administration (BPAIADAO), Excise, VAT/Sales Tax & Indirect Tax Administration (BPAIADAH), Revenue Intelligence, Analytics & Risk Management (BPAIADAL)

Keywords

• Government fiscal policy
• Tax administration services
• Customs enforcement
• State budget management
• Public financial administration

Headquarters

HQ city

Jakarta Pusat

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Core offering

The Indonesia Ministry of Finance (Kementerian Keuangan Republik Indonesia) is the national government body responsible for fiscal policy, tax administration, customs enforcement, and state budget management. It oversees financial regulation, collects government revenue through taxes and customs duties, and implements policy to protect domestic industries such as the local textile sector from illegal import competition.

Product overview

The Indonesia Ministry of Finance (Kementerian Keuangan Republik Indonesia) operates as a government ministry overseeing national financial administration, customs enforcement, and revenue management. No specific named digital products, platforms, or modules are identified in the available source content.

Differentiator

Problem solved

Functional benefit

Products and services

• National Fiscal Policy and Budget Administration

Quantifiable outcome

• Enhanced oversight and detection of illegal trading practices through AI monitoring

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves3 records

Expansion highlights3 records

Regional players

• Thailand Ministry of Finance: Thailand's national finance ministry, with a similar Southeast Asian emerging-market context. Comparable in scope of fiscal, tax, and customs responsibilities to the Indonesian ministry.

Direct peers

• US Department of the Treasury: The United States' national finance ministry, responsible for tax policy, customs, treasury operations, and federal financial reporting. It is the closest functional peer to Indonesia's Ministry of Finance in a developed-market context.
• UK HM Treasury: The United Kingdom's economics and finance ministry, overseeing tax policy, customs, public spending, and financial services regulation. Comparable in scope and function to the Indonesian Ministry of Finance.
• Japan Ministry of Finance: Japan's national finance ministry, responsible for tax policy, customs, treasury, and the national budget. Strong functional parallel given the similar remit over fiscal policy and customs administration.
• Singapore Ministry of Finance: Singapore's national finance ministry overseeing fiscal policy, tax administration, customs, and treasury. Highly comparable as a Southeast Asian peer with a similar scope over national finance.
• Australia Treasury: Australia's central economic and finance ministry, responsible for fiscal policy, tax, and budget oversight. Comparable in remit and its role as the principal advisor to government on economic and fiscal matters.
• Brazil Ministry of Finance: Brazil's federal finance ministry, managing national fiscal policy, tax administration, and customs in a large emerging-market economy. Highly analogous in scale and breadth of fiscal responsibilities.
• Germany Federal Ministry of Finance: Germany's federal finance ministry, covering tax policy, customs, federal budget, and financial market regulation. Strong functional parallel as a national finance authority of a major economy.
• India Ministry of Finance: India's central finance ministry, covering tax policy, customs, expenditure, and treasury management for a large emerging-market economy. Directly comparable to Indonesia's ministry in both scale and function.

Broad incumbents

• China Ministry of Finance: China's central finance ministry, overseeing fiscal policy, taxation, and central treasury operations at a very large scale. Comparable in function though materially larger and structurally distinct from the Indonesian ministry.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/KemenkeuRI
• LinkedInlinkedin.com/company/ministry-of-finance-republic-of-indonesia

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indonesia Ministry of Finance