Indonesia GDP Annual Growth Rate  2000-2017 | Data | Chart | Calendar

The Indonesian economy expanded 5.01 percent year-on-year in the second quarter of 2017, the same pace as in the previous period and below market expectations of 5.10 percent. Growth was driven by private consumption and fixed investment while exports rose at a slower pace and government spending fell. On a quarterly basis, the economy expanded by 4.00 percent in Q2. The government targets the economy to grow 5.2 percent this year, while the central bank forecasts growth in the middle of the 5.0-5.4 percent range. GDP Annual Growth Rate in Indonesia averaged 5.29 percent from 2000 until 2017, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of 1.56 percent in the fourth quarter of 2001.

Indonesia GDP Annual Growth Rate
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Indonesia GDP Grows 5.01% in Q2, Less Than Expected


The Indonesian economy expanded 5.01 percent year-on-year in the second quarter of 2017, the same pace as in the previous period and below market expectations of 5.10 percent. Growth was driven by private consumption and fixed investment while exports rose at a slower pace and government spending fell. On a quarterly basis, the economy expanded by 4.00 percent in Q2.

On the expenditure side, private consumption advanced 4.95 percent (4.94 percent in Q1) and fixed investment grew 5.35 percent (4.78 percent in Q1). Also, private non-profit consumption went up 8.49 percent (8.05 percent in Q1) while government spending contracted 1.93 percent (2.68 percent in Q1). Meanwhile, exports went up 3.36 percent (8.21 percent in Q1) and imports increased 0.55 percent (5.12 percent in Q1). 

On the production side, output grew for: Agriculture (3.33 percent from 7.12 percent in Q1); mining and quarrying (2.24 percent from -0.64 percent); manufacturing (3.54 percent from 4.24 percent); water and waste management (3.67 percent from 4.39 percent); construction (6.96 percent from 5.95 percent); wholesale and retail trade (3.78 percent from 4.96 percent); transport and storage (8.37 percent from 8.03 percent); hotel and restaurant (5.07 percent from 4.68 percent); information and communication (10.88 percent from 9.13 percent); finance and insurance (5.94 percent from 5.99 percent); real estate (3.86 percent from 3.67 percent); business services (8.14 percent from 6.80 percent); education (0.90 percent from 4.09 percent); healthcare (6.40 percent from 7.10 percent); and other services (8.63 percent from 8.01 percent). In contrast, output contracted for: Electricity and gas (-2.53 percent from 1.60 percent in Q1); and government administration (-0.03 percent from 0.22 percent).

The government targets the economy to grow 5.2 percent this year, while the central bank forecasts growth in the middle of the 5.0-5.4 percent range.

Statistics of Indonesia l Chusnul Ch Manan | chusnul@tradingeconomics.com
8/8/2017 1:39:15 AM


Recent Releases

Indonesia GDP Growth Matches Estimates In Q1
The Indonesian economy expanded 5.01 percent year-on-year in the March quarter of 2017, stronger than a 4.94 percent growth in the fourth quarter 2016 while market estimated a 5.0 percent expansion. Growth was driven by a rebound in government spending and faster rises in exports and investment while private consumption slowed.
Published on 2017-05-05

Indonesia GDP Growth Slowest In 3 Quarters In Q4
The Indonesian economy expanded 4.94 percent year-on-year in the December quarter of 2016, compared to a marginally revised 5.01 percent growth in the third quarter while market estimated a 5.07 percent expansion. It was the slowest growth since the March quarter, as a slowdown in private consumption and a further decline in government spending offset a rebound in exports and a faster increase in investment.
Published on 2017-02-06

Indonesia GDP Growth Eases in Q3
The Indonesian economy expanded 5.02 percent year-on-year in the third quarter of 2016, compared to an upwardly revised 5.19 percent growth in the June quarter while market estimated a 5.04 percent expansion. While private consumption and investment slowed, government spending and exports declined.
Published on 2016-11-07

Indonesia GDP Growth Strongest in 2-1/2-Years in Q2
The Indonesian economy expanded by 5.18 percent year-on-year in the second quarter of 2016, compared to a downwardly revised 4.91 percent growth in the previous period. It was the strongest growth since the December quarter 2013, driven by a faster increase in private consumption and government spending while investment eased and exports fell at a slower pace.
Published on 2016-08-05



Calendar GMT Actual Previous Consensus Forecast (i)
2017-02-06 04:00 AM Q4 4.94% 5.01% 5.07% 5.1%
2017-05-05 02:30 AM Q1 5.01% 4.94% 5% 5%
2017-08-07 04:00 AM Q2 5.01% 5.01% 5.1% 5.2%
2017-11-06 02:00 AM Q3 5.01% 5.1%


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 Annual Growth Rate Notes

Indonesia is the largest economy in South East Asia. Industry accounts for the largest share of GDP (46.5 percent of total GDP). Within industry, the most important is manufacturing, which has been one of the main growth engines (24 percent of total output). Mining and quarrying accounts for 12 percent, construction for 10 percent and electricity, gas and water supply for 0.75 percent. Services constitute 38 percent of total GDP. Within services, the most important are: trade, hotel and restaurants (around 14 percent of GDP); transport and communication (7 percent of GDP); finance, real estate and business services (7 percent of GDP) and government services (6 percent). Agriculture accounts for the remaining 15 percent. This page provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.01 5.01 7.16 1.56 2000 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 6.10 Mar/17
Indonesia 5.01 Jun/17
Turkey 5.00 Mar/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Canada 2.30 Mar/17
Euro Area 2.20 Jun/17
Germany 2.10 Jun/17
United States 2.10 Jun/17
Japan 2.00 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Australia 1.70 Mar/17
United Kingdom 1.70 Jun/17
Italy 1.50 Jun/17
Switzerland 1.10 Mar/17
Brazil -0.40 Mar/17