Jakarta, May 18 -- Indonesia ranked first among 116 countries in the Global Tax Expenditures Transparency Index (GTETI) released on May 11, 2026, reflecting improved transparency in reporting tax incentives through its Tax Expenditure Report (TER).

Finance Ministry Spokesperson Deni Surjantoro said in Jakarta on Monday that Indonesia has steadily improved its ranking since the index was first introduced.

Indonesia ranked 15th in 2023, rose to second place in 2024, and reached the top position this year.

Indonesia's score this year surpassed several advanced economies, including South Korea, Australia, Canada, Germany, the Netherlands, and France.

GTETI is the world's first comparative index assessing global tax expenditure reporting p...