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.

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Indonesia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -1.76 3.02 -2.58 1988 - 2019 percent of GDP Yearly

Indonesia Government Last Previous Highest Lowest Unit
Government Debt to GDP 29.80 28.70 87.43 22.96 percent [+]
Government Budget -2.20 -1.76 3.02 -2.58 percent of GDP [+]
Government Budget Value -269442.90 -340975.90 12604.60 -340975.90 IDR Billion [+]
Government Spending 195004.77 159398.05 284729.74 21713.30 IDR Billion [+]
Government Revenues 1943674.90 1666375.90 1943674.90 10139.60 IDR Billion [+]
Fiscal Expenditure 2213117.80 2007351.80 2213117.80 10167.40 IDR Billion [+]
Military Expenditure 7661.00 8178.00 8225.00 1305.00 USD Million [+]
Credit Rating 60.00 [+]

Indonesia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.