Current Account in Indonesia

Indonesia Current Account | Economic News & Forecasts

Indonesia - Current Account

The latest batch of indicators suggests that the economy grew at a broadly stable pace in the second quarter. In June, the manufacturing PMI declined modestly from the almost two-year high recorded in May, while consumer confidence jumped to the best reading in the survey’s history. Improving consumer confidence, coupled with a faster expansion in retail sales in May, bodes well for private consumption growth in Q2. Although the trade balance posted a surplus in June, the external sector remains an economic weak spot. Monetary policy normalization in developed economies and prospects of a global trade war have shaken investors’ confidence and caused the currency to depreciate 4.1% in the second quarter. While the Central Bank intervened forcefully to stem the rupiah’s depreciation, the currency remains under pressure due to high ownership of government bonds by foreign investors, elevated prices for fuel products and a persistent current account deficit.

Indonesia - Current Account Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Indonesia Current Account Chart

Indonesia Current Account
Note: Current account balance as % of GDP.
Source: Statistics Indonesia and Met the why particular calculations.

Indonesia Facts

Bond Yield7.79-0.05 %Aug 07
Exchange Rate14,4110.05 %Aug 07
Stock Market6,091-0.32 %Aug 07

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form