Indonesia GDP Growth Rate  2005-2017 | Data | Chart | Calendar | Forecast

Indonesia's GDP expanded 4 percent quarter-on-quarter in the three months to June of 2017, following a 0.34 percent decline in the previous period and missing market consensus of 4.10 percent. It was the first quarterly expansion in the economy since the third quarter of 2016, boosted by private consumption, fixed investment and government spending. GDP Growth Rate in Indonesia averaged 1.43 percent from 2005 until 2017, reaching an all time high of 4.01 percent in the second quarter of 2016 and a record low of -3.57 percent in the fourth quarter of 2008.

Indonesia GDP Growth Rate
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Indonesia Economy Expands 4% QoQ in Q2


Indonesia's GDP expanded 4 percent quarter-on-quarter in the three months to June of 2017, following a 0.34 percent decline in the previous period and missing market consensus of 4.10 percent. It was the first quarterly expansion in the economy since the third quarter of 2016, boosted by private consumption, fixed investment and government spending.

On the expenditure side, private consumption advanced 1.32 percent (0.15 percent in Q1) and fixed investment grew 2.95 percent (-5.45 percent in Q1). Also, private non-profit consumption went up 2.93 percent (-1.69 percent in Q1) and government spending expanded 29.37 percent (-45.55 percent in Q1). Meanwhile, exports went down 2.09 percent (0.57 percent in Q1) and imports decreased 1.55 percent (-4.50 percent in Q1). 

On the production side, output grew for: Educational services (2.99 percent from -10.39 percent in Q1); government administration (0.11 percent from -7.91 percent); healthcare (0.63 percent from -1.72 percent); transport and storage (2.91 percent from -1.18 percent); mining and quarrying (0.41 percent from -0.93 percent); manufacturing (2.84 percent from 0.55 percent); wholesale and retail trade (2.82 percent from -0.06 percent); business services (2.52 percent from 2.21 percent); other services (2.56 percent from 1.89 percent); water and waste management (1.26 percent from 0.69 percent); information and communication (5.65 percent from 0.31 percent); finance and insurance (1.96 percent from 1.91 percent); agriculture (8.44 percent from 15.59 percent); and real estate (1.16 percent from 1.79 percent). In contrast, output contracted for electricity and gas (-0.99 percent from -3.45 percent in Q1).

Year-on-year, the economy expanded 5.01 percent, the same pace as in the first quarter but below market estimates of a 5.10 percent growth.

Statistics of Indonesia l Chusnul Ch Manan| chusnul@tradingeconomics.com
8/7/2017 11:33:57 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-02-06 04:00 AM GDP Growth Rate QoQ -1.77% 3.13% -1.8% -1.1%
2017-05-05 02:30 AM GDP Growth Rate QoQ -0.34% -1.77% -0.35% -0.2%
2017-08-07 04:00 AM GDP Growth Rate QoQ 4.0% -0.34% 4.1% 3.7%
2017-11-06 04:00 AM GDP Growth Rate QoQ 4.0% 3.5%


Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.00 -0.34 4.01 -3.57 percent [+]
GDP Annual Growth Rate 5.01 5.01 7.16 1.56 percent [+]
GDP 932.26 861.26 932.26 5.98 USD Billion [+]
GDP Constant Prices 2472800.00 2377500.00 2472800.00 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.52 IDR Billion [+]
Gross Fixed Capital Formation 782714.45 760546.15 804145.64 63970.10 IDR Billion [+]
GDP per capita 3974.10 3827.50 3974.10 656.70 USD [+]
GDP per capita PPP 10764.50 10367.70 10764.50 4625.40 USD [+]
GDP From Agriculture 33240.00 30650.00 87304.50 30650.00 IDR Billion [+]
GDP From Construction 239800.00 245400.00 245436.80 149919.00 IDR Billion [+]
GDP From Manufacturing 525400.00 510800.00 525400.00 371813.30 IDR Billion [+]
GDP From Mining 195400.00 194854.70 205685.00 171254.70 IDR Billion [+]
GDP From Services 42695.30 41647.40 42695.30 23736.80 IDR Billion [+]
GDP From Utilities 32577.10 31357.60 32577.10 14032.20 IDR Billion [+]


Indonesia GDP Growth Rate

Indonesian economy is the largest in South East Asia. The country has been growing steady in the last few years mostly due to high domestic consumption and growth in exports of manufactured products and commodities. This page provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 -0.34 4.01 -3.57 2005 - 2017 percent Quarterly




gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 3.10 Jun/17
Turkey 2.10 Jun/17
China 1.70 Jun/17
Netherlands 1.50 Jun/17
India 1.40 Jun/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Spain 0.90 Jun/17
Australia 0.80 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Japan 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Switzerland 0.30 Jun/17
United Kingdom 0.30 Jun/17
Brazil 0.20 Jun/17