Indonesia’s current account deficit widened sharply to USD 12.49 billion in Q2 2026 from USD 2.89 billion in the same period a year earlier. It marked the largest current account deficit on record and was equivalent to 3.3% of the country’s GDP, as the trade surplus narrowed sharply to USD 1.32 billion from USD 10.52 billion in Q2 2025, mainly due to a surge in imports amid higher oil prices linked to the Middle East conflict. Meanwhile, the services deficit increased to USD 5.98 billion from USD 5.30 billion a year earlier, while the primary income deficit inched down to USD 9.67 billion from USD 9.79 billion. The secondary income surplus climbed slightly to USD 1.75 billion from USD 1.68 billion. In 2026, the central bank continues to expect the current account deficit to be in the range of 0.5% to 1.3% of GDP. Last year, the current account gap fell sharply to USD 1.25 billion, or 0.1% of GDP, from USD 8.58 billion in 2024. source: Bank Indonesia

Indonesia recorded a Current Account deficit of 12500 USD Million in the second quarter of 2026. Current Account in Indonesia averaged -1027.76 USD Million from 1981 until 2026, reaching an all time high of 5020.00 USD Million in the third quarter of 2021 and a record low of -12487.00 USD Million in the second quarter of 2026. 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 August of 2026.

Indonesia recorded a Current Account deficit of 12500 USD Million in the second quarter of 2026. Current Account in Indonesia is expected to be -3300.00 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 700.00 USD Million in 2027 and 500.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-22 04:50 AM
Current Account
Q1 $-4.0B $-2.5B $-0.8B
2026-08-21 03:40 AM
Current Account
Q2 $-12.5B $-3.6B $-1.8B
2026-11-20 03:00 AM
Current Account
Q3 $-12.5B $ -3.3B


Related Last Previous Unit Reference
Balance of Trade -450.00 -1610.00 USD Million Jun 2026
Capital Flows 11982.00 -4761.00 USD Million Jun 2026
Current Account -12487.00 -3576.00 USD Million Jun 2026
Current Account to GDP -0.10 -0.61 percent of GDP Dec 2025
Exports 25458.70 23203.50 USD Million Jun 2026
External Debt 453368.55 434459.38 USD Million Jun 2026
Imports 25909.20 24813.70 USD Million Jun 2026
Remittances 4620.00 4536.00 USD Million Jun 2026
Tourism Revenues 4387.69 4046.23 USD Million Jun 2026


Indonesia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-12487.00 -3576.00 5020.00 -12487.00 1981 - 2026 USD Million Quarterly

News Stream
Indonesia Posts Record Current Account Deficit
Indonesia’s current account deficit widened sharply to USD 12.49 billion in Q2 2026 from USD 2.89 billion in the same period a year earlier. It marked the largest current account deficit on record and was equivalent to 3.3% of the country’s GDP, as the trade surplus narrowed sharply to USD 1.32 billion from USD 10.52 billion in Q2 2025, mainly due to a surge in imports amid higher oil prices linked to the Middle East conflict. Meanwhile, the services deficit increased to USD 5.98 billion from USD 5.30 billion a year earlier, while the primary income deficit inched down to USD 9.67 billion from USD 9.79 billion. The secondary income surplus climbed slightly to USD 1.75 billion from USD 1.68 billion. In 2026, the central bank continues to expect the current account deficit to be in the range of 0.5% to 1.3% of GDP. Last year, the current account gap fell sharply to USD 1.25 billion, or 0.1% of GDP, from USD 8.58 billion in 2024.
2026-08-21
Indonesia Posts Largest Current Account Gap Since 2019
Indonesia’s current account deficit widened sharply to USD 4.01 billion in Q1 2026 from a deficit of USD 0.15 billion in the same period a year earlier. It marked the largest current account deficit since the fourth quarter of 2019 and was equivalent to 1.1% of the country’s GDP, as the trade surplus narrowed sharply to USD 7.98 billion from USD 13.07 billion in Q1 of 2025, amid slowing global economic growth and supply chain disruptions caused by the Middle East conflict. Meanwhile, the primary income deficit edged down to USD 9.15 billion from USD 9.29 billion a year earlier, while the services deficit narrowed to USD 4.58 billion from USD 5.48 billion. The secondary income surplus rose slightly to USD 1.75 billion from USD 1.55 billion. In 2026, the central bank expects the current account deficit to be in the range of 0.5% to 1.3% of GDP. Last year, the current account gap fell sharply to USD 1.52 billion or 0.1% from GDP from USD 8.58 billion in 2024.
2026-05-22
Indonesia Q4 Current Account Deficit Widens
Indonesia’s current account deficit widened to USD 2.54 billion in Q4 2025 from USD 1.14 billion in the same period a year earlier. The latest result was equivalent to 0.7% of the country's GDP, swinging from a surplus in Q3, which had marked the first gain since Q1 2023. The primary income deficit increased to USD 9.59 billion from USD 8.96 billion in the prior year. Also, the goods surplus narrowed to USD 10.16 billion from USD 11.30 billion, mainly due to a wider oil trade shortfall. At the same time, the services deficit eased to USD 4.87 billion from USD 5.10 billion, while the secondary income surplus edged up to USD 1.76 billion from USD 1.62 billion. For the full year, the current account gap shrank sharply to USD 1.45 billion from USD 8.58 billion in 2024, equivalent to 0.1% of the GDP, signaling a marked improvement in Indonesia’s external position. In 2026, the central bank expects the current account deficit to be in the range of 0.1% to 0.9% of GDP.
2026-02-20