Government Budget in Indonesia decreased to -6.50 percent of GDP in 2020 from -2.20 percent of GDP in 2019. source: Ministry of Finance of Republic of Indonesia

Government Budget in Indonesia averaged -1.33 percent of GDP from 1988 until 2020, reaching an all time high of 3.02 percent of GDP in 1995 and a record low of -6.50 percent of GDP in 2020. This page provides - Indonesia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Government Budget - values, historical data and charts - was last updated on September of 2021.

Government Budget in Indonesia is expected to reach -5.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Government Budget is projected to trend around -4.50 percent of GDP in 2022 and -2.00 percent of GDP in 2023, according to our econometric models.

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Indonesia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.50 -2.20 3.02 -6.50 1988 - 2020 percent of GDP Yearly

Indonesia Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.50 30.50 87.43 22.96 percent of GDP [+]
Government Budget -6.50 -2.20 3.02 -6.50 percent of GDP [+]
Government Budget Value -1039200.00 -348653.70 12604.60 -1039200.00 IDR Billion [+]
Government Spending 210734.48 164256.60 289963.74 21713.30 IDR Billion [+]
Government Revenues 169900.00 1960633.60 1960633.60 10139.60 IDR Billion [+]
Fiscal Expenditure 2739200.00 2309287.30 2739200.00 10167.40 IDR Billion [+]
Military Expenditure 9488.00 9003.00 9488.00 1310.00 USD Million [+]
Credit Rating 60.00 [+]

Indonesia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.