Indonesia Strengthens Financial Resilience Despite Cost-of-Living Pressures

Sun Life’s 2026 survey shows Indonesians are improving financial resilience despite economic pressures, with financial literacy, planning, and technology playing key roles in achieving long-term security.

Sun Life Highlights Resilience

Indonesia is making gradual progress in strengthening financial resilience despite ongoing economic challenges, according to Sun Life’s Asia Financial Resilience Index 2026. The study found that the proportion of Indonesians with high financial resilience increased from 30% in 2025 to 34% in 2026, reflecting growing efforts to improve financial preparedness. However, only 14% of respondents reported feeling highly financially secure, highlighting the gap between resilience and confidence.

Rising living costs remain a major concern for households. Many respondents continue to face financial stress as they balance daily expenses with family responsibilities. Around 23% said they have relied on savings to cover everyday needs, while 26% reported cutting back or delaying spending to manage financial pressures. These findings suggest that affordability challenges continue to affect financial decision-making across income groups.

Despite these difficulties, positive trends are emerging. The survey revealed that 45% of Indonesians could maintain their current lifestyle for more than six months without income, while confidence in achieving long-term financial goals rose to 68%. Financial planning proved to be a key factor, with 86% of individuals who have a long-term financial plan expressing confidence in reaching their goals, compared to just 25% among those without a clear plan.

The report also highlighted the growing influence of technology in personal finance. Nearly seven in ten respondents use generative AI for financial information and guidance, although financial literacy remains essential for making informed decisions. Sun Life emphasized that combining financial knowledge, strategic planning, and responsible technology use can help Indonesians build stronger financial security and navigate economic uncertainty with greater confidence.