The business index measures the overall business performance of MSMEs based on several components, such as production volume, sales value, average selling price, stock of goods, employment, and investments.
Index > 100 = Expansion/optimistic phase
Index < 100 = Contraction/pessimistic phase
Figures for earlier quarters have been taken from previous publications.
As of the third quarter of 2025, the MSME business index in Indonesia reached . This indicated continued expansion among MSMEs despite a decline from  in the previous quarter.
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Bank Rakyat Indonesia. (October 31, 2025). Micro, small, and medium enterprises (MSME) business index in Indonesia from 3rd quarter 2023 to 3rd quarter 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1546355/indonesia-msme-business-index/
Bank Rakyat Indonesia. "Micro, small, and medium enterprises (MSME) business index in Indonesia from 3rd quarter 2023 to 3rd quarter 2025." Chart. October 31, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1546355/indonesia-msme-business-index/
Bank Rakyat Indonesia. (2025). Micro, small, and medium enterprises (MSME) business index in Indonesia from 3rd quarter 2023 to 3rd quarter 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1546355/indonesia-msme-business-index/
Bank Rakyat Indonesia. "Micro, Small, and Medium Enterprises (Msme) Business Index in Indonesia from 3rd Quarter 2023 to 3rd Quarter 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Oct 2025, /statistics/1546355/indonesia-msme-business-index/
Bank Rakyat Indonesia, Micro, small, and medium enterprises (MSME) business index in Indonesia from 3rd quarter 2023 to 3rd quarter 2025 ÌÇÐÄÆƽâ°æ, /statistics/1546355/indonesia-msme-business-index/ (last visited July 23, 2026)
Micro, small, and medium enterprises (MSME) business index in Indonesia from 3rd quarter 2023 to 3rd quarter 2025 [Graph], Bank Rakyat Indonesia, October 31, 2025. [Online]. Available: /statistics/1546355/indonesia-msme-business-index/
