Indonesia GDP Annual Growth Rate  2000-2018 | Data | Chart | Calendar

The Indonesian economy expanded by 5.06 percent year-on-year in the first quarter of 2018, following a 5.19 percent growth in the previous period and missing market expectations of 5.18 percent. Both exports and government spending increased at a slower pace while household consumption growth was almost unchanged and fixed investment rose further. GDP Annual Growth Rate in Indonesia averaged 5.28 percent from 2000 until 2018, 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 Growth Slows to 5.06% in Q1


The Indonesian economy expanded by 5.06 percent year-on-year in the first quarter of 2018, following a 5.19 percent growth in the previous period and missing market expectations of 5.18 percent. Both exports and government spending increased at a slower pace while household consumption growth was almost unchanged and fixed investment rose further.

On the expenditure side, net external demand contributed negatively to GDP growth, as exports advanced 6.17 percent (vs 8.50 percent in Q4) while imports increased at a faster 12.75 percent (vs 11.81 percent in Q4). In addition, government spending went up 2.73 percent, slower than a 3.81 percent increase in the preceding three-month period, while household consumption growth was almost unchanged at 4.95 percent (vs 4.97 percent in Q4) and fixed investment grew 7.95 percent (vs 7.27 percent in Q4).

On the production side, output growth slowed for: water and waste management (3.58 percent vs 5.53 percent in Q4); education (4.81 percent vs 5.89 percent); information and communication (8.69 percent vs 8.99 percent); real estate (3.23 percent vs 3.73 percent); business services (8.04 percent vs 9.25 percent); government administration (5.78 percent vs 6.95 percent); healthcare (6.05 percent vs 6.31 percent); and other services (8.42 percent vs 8.87 percent).

On the other hand, output increased at a faster pace for: agriculture (3.14 percent vs 2.24 percent); mining and quarrying (0.74 percent vs 0.08 percent); transport and storage (8.59 percent vs 8.21 percent); electricity and gas (3.31 percent vs 2.27 percent); manufacturing (4.50 percent vs 4.46 percent); wholesale and retail trade (4.96 percent vs 4.47 percent); finance and insurance (4.38 percent vs 3.85 percent); construction (7.35 percent vs 7.23 percent); and hotels and restaurants (5.54 percent vs 5.49 percent).

The government targets 2018 gross domestic product growth of 5.4 percent, while the central bank's forecast is between 5.1 percent to 5.5 percent.
 
 


Statistics Indonesia l Chusnul Ch Manan | chusnul@tradingeconomics.com
5/7/2018 9:30:19 AM


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Calendar GMT Actual Previous Consensus TEForecast
2018-02-05 04:00 AM Full Year GDP Growth 5.07% 5.03% 5.06% 5.1%
2018-02-05 04:00 AM GDP Growth Rate YoY 5.19% 5.06% 5.12% 5.15%
2018-05-07 04:00 AM GDP Growth Rate YoY 5.06% 5.19% 5.18% 5.2%
2018-08-06 04:00 AM GDP Growth Rate YoY 5.06% 5.2%
2018-11-05 04:00 AM GDP Growth Rate YoY 5%


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 Annual Growth Rate

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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.06 5.19 7.16 1.56 2000 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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