Current Account in Indonesia

Indonesia Current Account | Economic News & Forecasts

Indonesia - Current Account

The economy posted a healthy expansion in the fourth quarter according to recent figures. Private consumption growth was brisk, likely supported by social assistance programs ahead of the April elections, modest price pressures and a robust labor market. Moreover, fixed investment and government expenditure grew notably, while the external sector’s drag on the economy lessened on softer import growth. This came after a similarly robust outturn in Q3 on dynamic domestic demand. Turning to 2019, the economy has had a soft start. The manufacturing sector began the year on weak footing, with the PMI broadly stagnating in January due to lower new orders. Moreover, on the external front, exports shrank in the same month due to declines in the energy and non-energy sectors; although imports also fell—partly due to a tough base effect—the trade balance worsened in annual terms as a result.

Indonesia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-3.2  -3.1  -2.0  -1.8  -1.7  

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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 Yield7.96-0.05 %Mar 11
Exchange Rate14,2900.05 %Mar 11
Stock Market6,366-0.32 %Mar 11

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