Indonesia recorded a Current Account deficit of 2.70 percent of the country's Gross Domestic Product in 2019. source: Bank Indonesia

Current Account to GDP in Indonesia averaged -0.74 percent from 1980 until 2019, 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 December of 2020.

Current Account to GDP in Indonesia is expected to reach -4.50 percent by the end of 2020, 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 -2.80 percent in 2021 and -2.70 percent in 2022, according to our econometric models.

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Indonesia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-2.70 -3.00 4.80 -6.80 1980 - 2019 percent Yearly

Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 2612.60 3576.23 4641.92 -2329.13 USD Million [+]
Current Account 964.00 -2944.20 3795.00 -10125.60 USD Million [+]
Current Account to GDP -2.70 -3.00 4.80 -6.80 percent [+]
Imports 12662.80 10786.02 18297.15 21.00 USD Million [+]
Exports 15275.40 14362.24 18647.83 30.00 USD Million [+]
External Debt 408524.80 408592.91 408592.91 119594.10 USD Million [+]
Terms of Trade 99.49 99.16 117.70 77.43 points [+]
Foreign Direct Investment 106.10 105.00 112.00 35.40 IDR Trillion [+]
Remittances 2262.00 2600.00 2898.41 1202.00 USD Million [+]
Tourist Arrivals 158159.00 151275.00 1547231.00 151275.00 [+]
Gold Reserves 78.57 78.60 96.45 73.09 Tonnes [+]
Crude Oil Production 685.00 708.00 1720.00 651.00 BBL/D/1K [+]
Terrorism Index 5.07 4.54 6.55 3.92 [+]
Tourism Revenues 97.59 88.43 4722.71 88.43 USD Million [+]
Weapons Sales 8.00 15.00 94.00 1.00 USD Million [+]
Capital Flows 1041.96 10523.78 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.