The current account deficit in Indonesia widened 92.6 percent to USD 8.8 billion in the third quarter of 2018 from a USD 4.6 billion gap a year earlier. It was the largest current account deficit since Q2 2014, as the goods account switched to a USD 398 million shortfall from a USD 5,258 million surplus a year earlier, amid rising world oil prices, and the services gap widened to USD 2,215 million from USD 2,099 million, mostly due to transportation services. In contrast, the primary income deficit was down to USD 8,026 million from USD 8,930 million in Q3 2017 and the secondary income surplus increased to USD 1,793 million from USD 1,176 million. Current Account in Indonesia averaged -887.60 USD Million from 1981 until 2018, 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 -1400.00 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 -3900.00 in 12 months time. In the long-term, the Indonesia Current Account is projected to trend around -3100.00 USD Million in 2020, according to our econometric models.

Indonesia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-09 12:00 PM Current Account $-5.7B $-4.6B $ -4.9B
2018-05-11 10:30 AM Current Account $-5.5B $-5.7B $ -4.5B
2018-08-10 10:00 AM Current Account $-8B $-5.7B $ -5.6B
2018-11-09 10:30 AM Current Account $-8.8B $-8B $ -5B
2019-02-08 10:00 AM Current Account $-8.8B $ -1.4B
2019-02-09 12:00 PM Current Account $ -1.4B
2019-05-11 10:30 AM Current Account $ -5.7B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade -1819.90 314.00 4641.92 -2329.13 USD Million [+]
Exports 15800.00 15800.00 18647.83 30.00 USD Million [+]
Imports 17620.00 14610.00 18297.10 21.00 USD Million [+]
Current Account -8846.10 -7977.50 3795.00 -10125.60 USD Million [+]
Current Account to GDP -1.70 -1.80 4.80 -6.80 percent [+]
External Debt 359793.63 355740.40 359793.63 119594.10 USD Million [+]
Terms of Trade 114.07 113.97 117.70 77.43 Index Points [+]
Foreign Direct Investment 89.10 95.70 112.00 35.40 IDR Trillion [+]
Remittances 2711.00 2802.00 2802.00 1202.00 USD Million [+]
Tourist Arrivals 1292118.00 1351675.00 1536489.00 548821.00 [+]
Gold Reserves 80.60 80.60 96.45 73.09 Tonnes [+]
Crude Oil Production 787.00 787.00 1720.00 764.00 BBL/D/1K [+]
Terrorism Index 4.55 4.43 6.55 3.92 [+]
Weapons Sales 102.00 94.00 102.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-8846.10 -7977.50 3795.00 -10125.60 1981 - 2018 USD Million Quarterly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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