The Bali Observer

Monday, 9 November 2026

Bali Seeks New Growth Engines as Investment Rises

Bank Indonesia Bali said gross fixed capital formation rose 8,74 percent in the third quarter of 2026 as officials sought growth beyond tourism.

By

Editor: Mursyid Sonsang

· 2 min read

Open the larger photo. Illustration: Scaffolding and an external lift cover the facade of a building under construction.
Illustration: Scaffolding and an external lift cover the facade of a building under construction. · Photo: yu zhou / Pexels

Denpasar — Bank Indonesia Bali reported that gross fixed capital formation grew 8,74 percent in the third quarter of 2026, as the province looked to investment and non-tourism sectors for broader economic growth on Nov. 7.

Bali’s economy grew 5,85 percent year on year in the quarter, according to the Central Statistics Agency (BPS) Bali. The investment figure was reported as the province’s tourism-heavy economy faced a need for new sources of expansion.

Bank Indonesia Bali said stronger agriculture, livestock and fisheries activity, alongside new investment, would be needed to widen the economic base. The report identified investment, or Pembentukan Modal Tetap Bruto, as a key component of third-quarter performance.

Why Bali’s investment growth matters to foreign residents and visitors

For foreign residents, the shift signals that Bali’s economic policy discussion is extending beyond accommodation, food and tourism services. Growth in fixed capital formation can include spending on productive assets and infrastructure, while efforts to strengthen agriculture, livestock and fisheries point to sectors that are less directly tied to visitor demand.

Visitors may still encounter an economy in which tourism remains central, but the figures show that provincial officials and Bank Indonesia Bali are seeking a broader foundation. That matters for businesses serving foreign residents, investors evaluating Bali and workers whose incomes depend on the province’s economic mix.

The figures also put the investment increase in context. Bali’s overall third-quarter growth remained positive, even as the province considered how to reduce the risks of relying too heavily on tourism. The call for new growth engines was presented alongside the latest quarterly economic data, rather than as a replacement for the tourism sector.

Sources

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