Indonesia GDP Growth Rate  2005-2018 | Data | Chart | Calendar | Forecast

Indonesia's gross domestic product fell 0.42 percent quarter-on-quarter in the three months to March of 2018, following a 1.7 percent decline in the previous period and worse than market consensus of a 0.3 percent contraction. Government spending, fixed investment and exports shrank. GDP Growth Rate in Indonesia averaged 1.37 percent from 2005 until 2018, 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 Contracts 0.42% QoQ in Q1


Indonesia's gross domestic product fell 0.42 percent quarter-on-quarter in the three months to March of 2018, following a 1.7 percent decline in the previous period and worse than market consensus of a 0.3 percent contraction. Government spending, fixed investment and exports shrank.

On the expenditure side, government spending slumped 46.10 percent in the first quarter, after a 39.94 percent jump in the previous period, and fixed investment declined by 4.86 percent, compared to a 4.73 percent increase. Also, exports dropped by 1.03 percent (vs 1 percent in Q4) and imports decreased by 3.88 percent (vs 9.47 percent in Q4). On the other hand, private consumption increased by 0.1 percent, after showing no growth in the preceding quarter. 

On the production side, output fell for: education (-11.36 percent); public administration (-8.92 percent); construction (-4.60 percent); electricity and gas (-2.47 percent); human health and social work activities (-2.00 percent); water supply, sewerage, waste management and remediation activities (-1.18 percent); mining and quarrying (-0.60 percent); and transportation and storage (-0.45 percent). On the other hand, output increased for: agriculture, forestry and fishing (16.36 percent); manufacturing (0.70 percent); wholesale and retail trade, repair of motor vehicles and motorcycles (0.46 percent); accommodation and food service (0.67 percent); information and communication (1.22 percent); financial and insurance activities (2.43 percent); real estate (1.30 percent); business activities (1.12 percent); and other services (1.37 percent).

Year-on-year, the economy grew by 5.06 percent, easing from a 5.19 percent growth in the previous period and missing market expectations of 5.18 percent.


Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
5/7/2018 9:44:03 AM


Recent Releases

Indonesian Economy Contracts 1.7% in Q4
Indonesia's gross domestic product shrank 1.70 percent quarter-on-quarter in the three months to December of 2017, after a marginally revised 3.19 percent growth in the previous quarter and in line with market consensus. It was the first quarterly contraction since the first quarter of the year, as private consumption stagnated and net exports contributed negatively.
Published on 2018-02-05

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.
Published on 2017-11-06

Indonesia Economy Expands 4% QoQ in Q2
Indonesia's GDP expanded 4 percent quarter-on-quarter in the three months to June of 2017, following a 0.34 percent decline in the previous period and missing market consensus of 4.10 percent. It was the first quarterly expansion in the economy since the third quarter of 2016, boosted by private consumption, fixed investment and government spending.
Published on 2017-08-07

Indonesia Economy Contracts 0.34% QoQ In Q1
Indonesia's GDP shrank 0.34 percent quarter-on-quarter in the first quarter of 2017, following a 1.77 percent decline in the December quarter and compared to market consensus of a 0.35 percent fall. It was the second straight quarter of contraction, weighed down by a slump in government spending and investment and slowdown in exports.
Published on 2017-05-06



Calendar GMT Actual Previous Consensus TEForecast
2017-11-06 04:00 AM GDP Growth Rate QoQ 3.18% 4.0% 3.23% 3.5%
2018-02-05 04:00 AM GDP Growth Rate QoQ -1.7% 3.19% -1.7% -1.4%
2018-05-07 04:00 AM GDP Growth Rate QoQ -0.42% -1.7% -0.3% -0.32%
2018-08-06 04:00 AM GDP Growth Rate QoQ -0.42% 3.6%
2018-11-05 04:00 AM GDP Growth Rate QoQ 1.40%


Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.42 -1.70 4.01 -3.57 percent [+]
GDP Annual Growth Rate 5.06 5.19 7.16 1.56 percent [+]
GDP 1015.54 932.26 1015.54 5.67 USD Billion [+]
GDP Constant Prices 2498413.60 2508931.50 2552216.50 340865.20 IDR Billion [+]
Gross Fixed Capital Formation 820589.64 862473.94 862473.94 63970.10 IDR Billion [+]
GDP per capita 4130.66 3974.70 4130.66 656.70 USD [+]
GDP per capita PPP 11188.74 10766.40 11188.74 4625.40 USD [+]
GDP From Agriculture 84577.50 43801.30 88067.70 37282.50 IDR Billion [+]
GDP From Construction 251075.10 263181.70 263181.70 149919.00 IDR Billion [+]
GDP From Manufacturing 534150.70 530436.80 536237.10 371813.30 IDR Billion [+]
GDP From Mining 194889.10 196056.30 205685.00 171254.70 IDR Billion [+]
GDP From Services 45012.80 44514.80 45012.80 23736.80 IDR Billion [+]
GDP From Utilities 34149.20 34919.30 34919.30 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.42 -1.70 4.01 -3.57 2005 - 2018 percent Quarterly




GDP growth rate by Country
Country Last
Turkey 2.00 Mar/18
United States 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Mexico 1.10 Mar/18
Australia 1.00 Mar/18
South Korea 1.00 Mar/18
Russia 0.85 Mar/18
Spain 0.70 Mar/18
Netherlands 0.60 Mar/18
Switzerland 0.60 Mar/18
Brazil 0.40 Mar/18
Euro Area 0.40 Mar/18
Canada 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
France 0.20 Mar/18
United Kingdom 0.20 Mar/18
Japan -0.20 Mar/18
Indonesia -0.42 Mar/18


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