Government Spending in Indonesia increased to 228029.03 IDR Billion in the third quarter of 2020 from 195008.31 IDR Billion in the second quarter of 2020. source: Statistics Indonesia

Government Spending in Indonesia averaged 112899.02 IDR Billion from 2000 until 2020, reaching an all time high of 284729.74 IDR Billion in the fourth quarter of 2019 and a record low of 21713.30 IDR Billion in the third quarter of 2000. This page provides - Indonesia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Government Spending - values, historical data and charts - was last updated on November of 2020.

Government Spending in Indonesia is expected to be 294126.00 IDR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Indonesia to stand at 207680.00 in 12 months time. In the long-term, the Indonesia Government Spending is projected to trend around 317656.00 IDR Billion in 2021 and 335127.00 IDR Billion in 2022, according to our econometric models.

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Indonesia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
228029.03 195008.31 284729.74 21713.30 2000 - 2020 IDR Billion Quarterly
Constant Prices 2010, NSA

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 -348653.70 -269442.90 12604.60 -348653.70 IDR Billion [+]
Government Spending 228029.03 195008.31 284729.74 21713.30 IDR Billion [+]
Government Revenues 1960633.60 1943674.90 1960633.60 10139.60 IDR Billion [+]
Fiscal Expenditure 2309287.30 2213117.80 2309287.30 10167.40 IDR Billion [+]
Military Expenditure 7661.00 8178.00 8225.00 1305.00 USD Million [+]
Credit Rating 60.00 [+]

Indonesia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.