Indonesia Current Account to GDP  1980-2017 | Data | Chart | Calendar

In 2016, the current account deficit in Indonesia fell to $16.3 billion (1.8 percent of GDP) from $17.5 billion (2 percent of GDP) in 2015, supported by improvement in goods and services trade performances. Trade in goods surplus increased to $15.4 billion from $14 billion, as the pace of a decline in imports was not as deep as in 2015, in line with the improving domestic economy, and the fall in exports was milder, on the back of rising global commodity prices. The services gap narrowed to $6.5 billion from $8.7 million deficit. Current Account to GDP in Indonesia averaged -0.61 percent from 1980 until 2016, reaching an all time high of 4.80 percent in 2000 and a record low of -6.80 percent in 1983.

Indonesia Current Account to GDP
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Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 1238.30 1395.40 4641.92 -2329.13 USD Million [+]
Exports 13166.60 14678.80 18647.83 30.00 USD Million [+]
Imports 11928.30 13283.40 17416.99 21.00 USD Million [+]
Current Account -2397.00 -2099.00 3795.00 -10125.60 USD Million [+]
Current Account to GDP -1.80 -2.00 4.80 -6.80 percent [+]
External Debt 316968.36 310670.25 316968.36 132629.00 USD Million [+]
Terms of Trade 109.30 107.58 117.70 77.43 Index Points [+]
Foreign Direct Investment 97.00 101.30 101.30 35.40 IDR Trillion [+]
Remittances 1930.00 2096.00 2390.00 1202.00 USD Million [+]
Tourist Arrivals 909173.00 838686.00 987819.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 830.00 835.00 1720.00 763.00 BBL/D/1K [+]
Terrorism Index 4.43 4.76 6.55 3.92 [+]
Weapons Sales 94.00 4.00 94.00 1.00 USD Million [+]

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



Indonesia Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Indonesia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1.80 -2.00 4.80 -6.80 1980 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.00 Dec/15
Netherlands 9.10 Dec/15
Germany 8.80 Dec/15
South Korea 7.00 Dec/16
Euro Area 3.70 Dec/15
Japan 3.70 Dec/16
Italy 2.20 Dec/15
China 1.80 Dec/16
Russia 1.80 Dec/16
Spain 1.50 Dec/15
India -0.90 Dec/16
Brazil -1.30 Dec/16
France -1.40 Dec/15
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16