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

Indonesia's GDP grew by 3.18 percent quarter-on-quarter in the three months to September of 2017, easing from a 4.0 percent growth in the previous period and missing market expectations of 3.23 percent. Government spending rose at a weaker pace while private consumption and investment increased firmly and net trade contributed positively to growth. GDP Growth Rate in Indonesia averaged 1.46 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 3.18% QoQ in Q3


Indonesia's GDP grew by 3.18 percent quarter-on-quarter in the three months to September of 2017, easing from a 4.0 percent growth in the previous period and missing market expectations of 3.23 percent. Government spending rose at a weaker pace while private consumption and investment increased firmly and net trade contributed positively to growth.

On the expenditure side, government spending increased by 5.29 percent, much slower than a 29.38 percent rise in the second quarter. Meantime, private consumption advanced 3.44 percent, much faster than a 1.31 percent gain in Q2 and fixed investment increased by 5.25 percent, stronger than a 2.95 percent increase in the June quarter. Exports went up 9.07 percent (-2.33 percent in Q2), while imports increased at a slower 8.99 percent (-1.86 percent in Q2).

On the production side, output grew at a slower pace for: Agriculture (4.25 percent from 8.49 percent in Q2); mining and quarrying (0.03 percent from 0.43 percent); manufacturing (2.17 percent from 2.76 percent); food and accommodation (1.23 percent from 1.46 percent); information and communication (1.40 percent from 5.67 percent); real estate (0.36 percent from 1.04 percent); and education (1.46 percent from 2.99 percent). Meanwhile, output increased at a faster rate for: Water and waste management (1.57 percent from 1.26 percent in Q2); construction (4.88 percent from 2.52 percent); wholesale and retail trade (3.0 percent from 2.86 percent); transportation and storage (5.21 percent from 3.0 percent); finance and insurance (3.27 percent from 1.96 percent); business service (2.59 percent from 2.52 percent); government administration (2.13 percent from 0.11 percent); healthcare (1.61 percent from 0.62 percent) and other services (2.71 percent from 2.56 percent). At the same time, output rebounded for electricity and gas (5.32 percent from -0.99 percent in Q2).

Year-on-year, the economy advanced 5.06 percent in the third quarter of 2017, following a 5.01 percent growth in the previous two periods while market expected a 5.13 percent expansion.


Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
11/6/2017 11:04:18 AM



Calendar GMT Actual Previous Consensus TEForecast
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 3.18% 4.0% 3.23% 3.5%


Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.18 4.00 4.01 -3.57 percent [+]
GDP Annual Growth Rate 5.06 5.01 7.16 1.56 percent [+]
GDP 932.26 861.26 932.26 5.98 USD Billion [+]
GDP Constant Prices 2551468.60 2472771.40 2551468.60 340865.20 IDR Billion [+]
Gross Fixed Capital Formation 823779.56 782698.70 823779.56 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 34650.00 33240.00 87304.50 30650.00 IDR Billion [+]
GDP From Construction 251500.00 239800.00 251500.00 149919.00 IDR Billion [+]
GDP From Manufacturing 536500.00 525100.00 536500.00 371813.30 IDR Billion [+]
GDP From Mining 195600.00 195500.00 205685.00 171254.70 IDR Billion [+]
GDP From Services 43801.80 42695.30 43801.80 23736.80 IDR Billion [+]
GDP From Utilities 34121.90 32577.10 34121.90 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.18 4.00 4.01 -3.57 2005 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 3.18 Sep/17
United States 3.00 Sep/17
Turkey 2.10 Jun/17
China 1.70 Sep/17
India 1.40 Jun/17
South Korea 1.40 Sep/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Australia 0.80 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Euro Area 0.60 Sep/17
France 0.50 Sep/17
Italy 0.50 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Japan 0.30 Sep/17
Switzerland 0.30 Jun/17
Brazil 0.20 Jun/17
Mexico -0.20 Sep/17