Unemployment in Indonesia

Indonesia Unemployment | Economic News & Forecasts

Indonesia - Unemployment

The economy contracted sharply in Q3 according to recent data, although at a softer rate than in Q2. Private consumption and fixed investment were both down notably amid lingering domestic social mobility restrictions. However, public spending surged as the government was finally able to expedite stimulus measures. Moreover, the external sector contributed markedly to GDP—albeit largely due to import compression, as exports continued to fall markedly. Turning to the fourth quarter, early signs are muted amid ongoing restrictions in Jakarta and stubbornly high infection rates. In October, the manufacturing PMI continued to signal deteriorating operating conditions, while consumer sentiment worsened, and retail sales contracted at a sharper rate according to preliminary estimates.

Indonesia - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate6.2  5.6  5.5  5.3  5.3  

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Indonesia Unemployment Chart

Indonesia Unemployment
Note: Unemployment in % of active population.
Source: Statistics Indonesia.

Indonesia Facts

Value Change Date
Bond Yield7.10-0.05 %Dec 31
Exchange Rate13,8830.05 %Jan 01

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