Indonesia's current account deficit widened to USD 6.97 billion in the March quarter 2019 from an upwardly revised USD 5.34 billion gap a year earlier, equivalent to 2.6 percent of the country's gross domestic product. The goods account surplus narrowed sharply to USD 1.06 billion from USD 2.32 billion a year ago, with exports falling 8.6 percent and imports declining 6.1 percent and the services account gap increased to USD 1.79 billion from USD 1.57 billion. Also, the primary income shortfall rose to USD 8.10 billion from USD 7.39 billion and the secondary income deficit advanced to USD 1.87 billion from USD 1.44 billion. Current Account in Indonesia averaged -970.71 USD Million from 1981 until 2019, reaching an all time high of 3795 USD Million in the third quarter of 2006 and a record low of -10125.60 USD Million in the second quarter of 2013.

Current Account in Indonesia is expected to be -5000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Indonesia to stand at -4500.00 in 12 months time. In the long-term, the Indonesia Current Account is projected to trend around -3100.00 USD Million in 2020, according to our econometric models.

Indonesia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-10 10:00 AM Current Account $-8B $-5.7B $ -5.6B
2018-11-09 10:30 AM Current Account $-8.8B $-8B $ -5B
2019-02-08 08:40 AM Current Account $-9.1B $-8.6B $ -1.4B
2019-05-10 03:30 AM Current Account $-7.0B $-9.1B $ -5.7B
2019-08-09 10:00 AM Current Account $-7.0B $ -5B
2019-11-08 10:30 AM Current Account $ -3.9B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade -2501.90 670.80 4641.92 -2501.90 USD Million [+]
Current Account -6966.00 -9147.60 3795.00 -10125.60 USD Million [+]
Current Account to GDP -3.00 -1.60 4.80 -6.80 percent [+]
Imports 15098.80 13451.10 18297.10 21.00 USD Million [+]
Exports 12596.90 14121.90 18647.83 30.00 USD Million [+]
External Debt 387592.08 377597.83 387592.08 119594.10 USD Million [+]
Terms of Trade 107.60 105.95 117.70 77.43 Index Points [+]
Foreign Direct Investment 107.90 99.00 112.00 35.40 IDR Trillion [+]
Remittances 2761.07 2713.92 2835.19 1202.00 USD Million [+]
Tourist Arrivals 1303808.00 1338666.00 1536489.00 548821.00 [+]
Gold Reserves 78.50 78.50 96.45 73.09 Tonnes [+]
Crude Oil Production 768.00 772.00 1720.00 747.00 BBL/D/1K [+]
Terrorism Index 4.54 4.55 6.55 3.92 [+]
Weapons Sales 15.00 94.00 94.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Indonesia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Indonesia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Current Account - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6966.00 -9147.60 3795.00 -10125.60 1981 - 2019 USD Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil -62.00 Apr/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 15181.70 Dec/18
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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