Kementerian Keuangan Republik Indonesia

What Kementerian Keuangan Republik Indonesia does

Kementerian Keuangan Republik Indonesia (the Ministry of Finance of the Republic of Indonesia) is a state ministry founded in 1945 and headquartered in Jakarta Pusat. It is the sole Indonesian government institution responsible for administering state financial affairs, including fiscal policy formulation, tax policy and administration, customs and excise, treasury operations, sovereign asset and debt management, and execution of the state budget (APBN). The ministry operates under the authority of the Government of the Republic of Indonesia and is subject to parliamentary oversight; it has no private shareholders and is classified as a government state entity rather than a commercially traded firm.

The ministry's headcount exceeds 10,000 employees, reflecting the scale required to administer nationwide fiscal operations and oversee the broader Indonesian financial sector. It holds statutory authority over tax regulation, customs, treasury functions, and government accounting, and it coordinates with other state bodies in the execution of macroeconomic policy. Source data does not specify internal product lines, technology platforms, or specific service offerings, and does not describe a commercial revenue model — operationally, the ministry is budget-funded rather than revenue-generating.

As an institutional actor rather than a market participant, the ministry does not engage in traditional go-to-market activity, segmented customer acquisition, or competitive pricing. Its "customers" in a functional sense are the Government of the Republic of Indonesia, parliament, other ministries and agencies, taxpayers, and the broader Indonesian financial system. No commercial technology stack, partnerships, integrations, awards, patents, leadership team details, or strategic transactions are documented in the available source material.

Name

Kementerian Keuangan Republik Indonesia

Legal name

Kementerian Keuangan Republik Indonesia

Website

https://kemenkeu.go.id

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

10,001+ employees

Short description

The Ministry of Finance of the Republic of Indonesia is the state ministry founded in 1945 and headquartered in Jakarta, responsible for administering Indonesia's fiscal policy, taxation, customs, treasury, and state budget execution under government authority.

Ownership category

akta.pro rank

Product category

Government Finance Administration

NAICS

Public Finance Activities (921130), Public Finance Activities (92113), Executive, Legislative, and Other General Government Support (921)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro industry

PRIMARYBPAIAAAA

Executive Office / Cabinet Secretariat

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

SECONDARYBPAIAAAB

Central Government Policy, Strategy & Performance (incl. OMB-style functions)

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

Keywords

• Public financial management
• Fiscal policy administration
• State budget management
• Taxation and customs
• Government treasury services

Headquarters

HQ city

Jakarta Pusat

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Core offering

Kementerian Keuangan Republik Indonesia is the state ministry responsible for administering government affairs in the field of state finance for the Republic of Indonesia. Its core functions include formulating and implementing fiscal policy, managing the national budget (APBN), administering taxation and customs, and overseeing state assets and treasury operations. The ministry serves as the central fiscal authority of the Indonesian government.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• HM Treasury (United Kingdom): The UK's economic and finance ministry, overseeing public spending, tax policy, and financial services regulation. Closely mirrors the Indonesian ministry's scope and central role.
• U.S. Department of the Treasury: The U.S. federal finance ministry, responsible for economic policy, tax administration, and federal finance. The most direct functional peer among major sovereign finance ministries.
• Ministry of Finance Malaysia: Malaysia's federal finance ministry, operating in a comparable Southeast Asian emerging-market context with similar challenges around commodity revenues, ringgit-linked debt, and tax-base expansion.
• Ministry of Economy and Finance of South Korea: South Korea's central economic and finance ministry, combining fiscal, tax, and broad economic-policy responsibilities in a manner closely parallel to Indonesia's finance ministry.
• Ministry of Finance Singapore: Singapore's finance ministry, focused on fiscal policy, tax administration, and management of sovereign assets. Comparable in core mandate and in ASEAN regional positioning.
• Ministry of Finance Thailand: Thailand's finance ministry, another Southeast Asian sovereign finance ministry with comparable revenue, expenditure, and macro-stabilization mandates.
• Ministry of Finance Japan: Japan's central finance ministry, managing fiscal policy, taxation, and treasury operations. Comparable in scale and in operating within a major Asian economy.
• Australian Treasury: Australia's federal economic and finance ministry, with a comparable focus on fiscal strategy, tax policy, and economic forecasting for a resource-rich economy.

Broad incumbents

• Ministry of Finance of the People's Republic of China: China's central finance ministry, vastly larger in scale but directly analogous in core functions of budget, taxation, and treasury operations across a large emerging-market economy.
• Bank Indonesia: Indonesia's central bank, which works in close coordination with the finance ministry on monetary, macroprudential, and fiscal-financing policy. A natural adjacent institution with overlapping but distinct mandate.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/kementerian-keuangan-republik-indonesia

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Kementerian Keuangan Republik Indonesia