Unemployment in Indonesia

Indonesia Unemployment | Economic News & Forecasts

Indonesia - Unemployment

The economy performed fairly well in the first quarter of the year, despite growth slightly undershooting market expectations. Private consumption was likely supported by a multi-decade low unemployment rate and mild inflation, while public consumption appeared to receive a boost from pre-election spending. Moreover, the external sector strengthened amid government measures to curb imports. On the downside, exports declined, while fixed investment growth tapered. Turning to the second quarter, available indicators are fairly downbeat. In April, the manufacturing PMI dipped on stagnating new orders, while the external sector recorded a record trade deficit as exports continued to plunge. On the political front, incumbent Joko Widodo emerged victorious in the 17 April presidential elections, signaling policy continuity.

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 Yield7.70-0.05 %Jun 14
Exchange Rate14,3250.05 %Jun 14
Stock Market6,250-0.32 %Jun 14

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