Current Account in Indonesia

Indonesia Current Account | Economic News & Forecasts

Indonesia - Current Account

Growth remained robust in the second quarter. Private consumption expanded briskly, underpinned by subdued inflation and a strong labor market, while public consumption benefited from election-related spending. However, fixed investment growth was soft compared to that of 2018, as government import restrictions likely hampered infrastructure spending. On the external front, imports and exports were both down, owing to the aforementioned import restrictions and ebbing global growth respectively. Turning to the third quarter, early signs are downbeat. In July, manufacturing conditions deteriorated on lower output, while consumer confidence fell and merchandise exports declined on lower non-energy exports. In politics, the EU announced tariffs in August on Indonesian biodiesel, hurting the already-embattled export sector.

Indonesia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-3.2  -3.1  -2.0  -1.8  -1.6  

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Indonesia Current Account Chart

Indonesia Current Account
Note: Current account balance as % of GDP.
Source: Statistics Indonesia and FocusEconomics calculations.

Indonesia Facts

Bond Yield7.35-0.05 %Sep 04
Exchange Rate14,1530.05 %Sep 04
Stock Market6,270-0.32 %Sep 04

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