Unemployment in Indonesia

Indonesia Unemployment | Economic News & Forecasts

Indonesia - Unemployment

The economy remains in fairly good shape in Q1 2019 according to recent indicators. Consumer confidence has been elevated so far this year, retail sales surged in January, and the Central Bank has penciled in an even quicker expansion in retail sales for February. Households are likely benefiting from multi-year low inflation and government fiscal support to low-income families in the build-up to the April elections. Moreover, tourist numbers continued to rise at a solid pace in January. On the other hand, the manufacturing sector continued to broadly stagnate in February according to the PMI reading, amid lower new exports and output, and against a backdrop of global trade tensions and ebbing momentum in China. On the political front, Indonesia and Australia signed a free trade agreement in early March. If ratified, the deal would boost market access for Indonesian goods exports.

Indonesia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate6.2  5.9  6.2  5.6  5.5  

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Indonesia Unemployment Chart

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

Indonesia Facts

Bond Yield7.72-0.05 %Mar 20
Exchange Rate14,1850.05 %Mar 20
Stock Market6,483-0.32 %Mar 20

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