Indonesia reported a current account deficit of 0.44 percent in 2020 compared to 2.70 percent deficit in 2019. source: Bank Indonesia

Current Account to GDP in Indonesia averaged -0.73 percent from 1980 until 2020, reaching an all time high of 4.80 percent in 2000 and a record low of -6.80 percent in 1983. This page provides - Indonesia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Current Account to GDP - values, historical data and charts - was last updated on September of 2021.

Current Account to GDP in Indonesia is expected to reach -1.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Current Account to GDP is projected to trend around -2.00 percent in 2022, according to our econometric models.

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Indonesia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-0.44 -2.70 4.80 -6.80 1980 - 2020 percent of GDP Yearly

Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 4744.80 2598.60 4744.80 -2329.13 USD Million [+]
Current Account -2231.00 -1057.00 3795.00 -10125.60 USD Million [+]
Current Account to GDP -0.44 -2.70 4.80 -6.80 percent of GDP [+]
Imports 16678.70 15114.50 18297.15 21.00 USD Million [+]
Exports 21423.50 17713.10 21423.50 30.00 USD Million [+]
External Debt 415081.72 415626.58 417527.80 119594.10 USD Million [+]
Terms of Trade 102.81 104.68 117.70 77.43 points [+]
Foreign Direct Investment 116.80 111.70 116.80 35.40 IDR Trillion [+]
Remittances 2276.98 2259.98 2898.41 1202.00 USD Million [+]
Tourist Arrivals 138967.00 140845.00 1547231.00 117000.00 [+]
Gold Reserves 78.57 78.57 96.45 73.09 Tonnes [+]
Crude Oil Production 648.00 680.00 1720.00 610.00 BBL/D/1K [+]
Terrorism Index 4.63 5.07 6.55 3.92 [+]
Tourism Revenues 121.04 88.56 4722.71 88.43 USD Million [+]
Weapons Sales 9.00 15.00 95.00 1.00 SIPRI TIV Million [+]
Capital Flows 1918.36 5562.08 15903.81 -9456.20 USD Million [+]


Indonesia Current Account to GDP
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.