Indonesia's current account deficit widened to USD 8.44 billion in the June quarter 2019 from a USD 7.95 billion gap a year earlier, equivalent to 3.0 percent of the country's gross domestic product. The goods account surplus narrowed to USD 0.19 billion from USD 0.28 billion a year ago, with exports falling 8.4 percent and imports decreasing 8.2 percent and the services account gap rose to USD 1.96 billion from USD 1.84 billion. Also, the primary income gap increased to USD 8.73 billion from USD 8.02 billion and the secondary income deficit advanced to USD 2.06 billion from USD 1.63 billion. Current Account in Indonesia averaged -1019.14 USD Million from 1981 until 2019, reaching an all time high of 3795 USD Million in the third quarter of 2006 and a record low of -10125.60 USD Million in the second quarter of 2013.

Current Account in Indonesia is expected to be -5900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Indonesia to stand at -8500.00 in 12 months time. In the long-term, the Indonesia Current Account is projected to trend around -8000.00 USD Million in 2020, according to our econometric models.

Indonesia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-09 10:30 AM Current Account Q3 $-8.8B $-8B $ -5B
2019-02-08 08:40 AM Current Account Q4 $-9.1B $-8.6B $ -1.4B
2019-05-10 03:30 AM Current Account Q1 $-7.0B $-9.1B $ -5.7B
2019-08-09 03:00 AM Current Account Q2 $-8.4B $-7.0B $ -5B
2019-11-08 03:00 AM Current Account Q3 $-8.4B $ -5.9B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 85.10 -64.29 4641.92 -2329.13 USD Million [+]
Current Account -8442.80 -6966.00 3795.00 -10125.60 USD Million [+]
Current Account to GDP -3.00 -1.60 4.80 -6.80 percent [+]
Imports 14195.20 15518.48 18297.15 21.00 USD Million [+]
Exports 14280.30 15454.19 18647.83 30.00 USD Million [+]
External Debt 391827.59 387592.08 391827.59 119594.10 USD Million [+]
Terms of Trade 105.99 106.44 117.70 77.43 Index Points [+]
Foreign Direct Investment 104.90 87.20 112.00 35.40 IDR Trillion [+]
Remittances 2898.41 2784.40 2898.41 1202.00 USD Million [+]
Tourist Arrivals 1555346.00 1483792.00 1555346.00 548821.00 [+]
Gold Reserves 78.54 78.50 96.45 73.09 Tonnes [+]
Crude Oil Production 736.00 756.00 1720.00 704.00 BBL/D/1K [+]
Terrorism Index 4.54 4.55 6.55 3.92 [+]
Weapons Sales 15.00 94.00 94.00 1.00 USD Million [+]


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). This page provides - Indonesia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8442.80 -6966.00 3795.00 -10125.60 1981 - 2019 USD Million Quarterly




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 29.84 Jul/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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