Indonesia posted a current account surplus of USD 3.85 billion in the second quarter of 2022, equivalent to 1.1 percent of GDP, shifting from a deficit of USD 1.93 billion in the corresponding quarter of the previous year. This was the fourth straight quarter of surplus in current account and the biggest surplus since the third quarter 2021, as the goods surplus widened sharply to USD 16.81 billion from USD 8.34 billion a year ago, amid a further recovery in global demand and soaring commodity prices, while the secondary income surplus edged up to USD 1.52 billion from USD 1.47 billion a year earlier. On the other hand, the primary income gap increased to USD 9.51 billion from USD 8.02 billion, while the services shortfall rose to USD 4.97 billion from USD 3.71 billion. source: Bank Indonesia
Current Account in Indonesia averaged -1043.56 USD Million from 1981 until 2022, reaching an all time high of 4950 USD Million in the third quarter of 2021 and a record low of -10125.60 USD Million in the second quarter of 2013. This page provides - Indonesia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
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. In the long-term, the Indonesia Current Account is projected to trend around -6000.00 USD Million in 2023, according to our econometric models.