Current Account in Indonesia

Indonesia Current Account | Economic News & Forecasts

Indonesia - Current Account

A muted performance by the external sector caused year-on-year GDP growth to decelerate in the first quarter. While waning trade momentum and subdued prices for Indonesian commodities weighed on export growth, imports soared at a double-digit rate, underscoring that the domestic economy was in good shape. More recent data from Q2 is mixed and suggests that the domestic economy continues to perform strongly while weakness lingers in the external sector. In April, the manufacturing PMI reached an over one-year high, and consumer confidence edged higher. However, the trade balance posted the largest deficit in four years. The weak trade figure put pressure on the currency, which crossed the 14,000 IDR per USD threshold on 15 May amid heightened volatility due to growing concerns that faster-than-expected monetary tightening in the U.S. will result in capital outflows from the economy.

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 Met the why particular calculations.

Indonesia Facts

ValueChangeDate
Bond Yield7.28-0.05 %Jun 08
Exchange Rate13,9300.05 %Jun 14
Stock Market5,994-0.32 %Jun 08

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