Indonesia recorded a Government Budget deficit equal to 2.20 percent of the country's Gross Domestic Product in 2019.
Government Budget in Indonesia averaged -1.17 percent of GDP from 1988 until 2019, reaching an all time high of 3.02 percent of GDP in 1995 and a record low of -2.58 percent of GDP in 2015. This page provides - Indonesia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Government Budget - values, historical data and charts - was last updated on September of 2020. source: Ministry of Finance of Republic of Indonesia
Government Budget in Indonesia is expected to reach -6.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Government Budget is projected to trend around -5.50 percent of GDP in 2021 and -4.00 percent of GDP in 2022, according to our econometric models.