Government Spending in Indonesia decreased to 164256.60 IDR Billion in the first quarter of 2021 from 289963.74 IDR Billion in the fourth quarter of 2020. source: Statistics Indonesia

Government Spending in Indonesia averaged 115586.34 IDR Billion from 2000 until 2021, reaching an all time high of 289963.74 IDR Billion in the fourth quarter of 2020 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 June of 2021.

Government Spending in Indonesia is expected to be 205734.00 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 303012.00 in 12 months time. In the long-term, the Indonesia Government Spending is projected to trend around 315118.00 IDR Billion in 2022 and 334025.00 IDR Billion in 2023, according to our econometric models.

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Indonesia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
164256.60 289963.74 289963.74 21713.30 2000 - 2021 IDR Billion Quarterly
Constant Prices 2010, NSA

Indonesia Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.50 30.50 87.43 22.96 percent of GDP [+]
Government Budget -6.50 -2.20 3.02 -6.50 percent of GDP [+]
Government Budget Value -1039200.00 -348653.70 12604.60 -1039200.00 IDR Billion [+]
Government Spending 164256.60 289963.74 289963.74 21713.30 IDR Billion [+]
Government Revenues 169900.00 1960633.60 1960633.60 10139.60 IDR Billion [+]
Fiscal Expenditure 2739200.00 2309287.30 2739200.00 10167.40 IDR Billion [+]
Military Expenditure 9488.00 9003.00 9488.00 1310.00 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.