Indonesia's current account surplus was at USD 4.38 billion in Q3 of 2022, down from a gain of USD 4.96 billion in the same quarter of the prior year. Still, the latest figure pointed to the fifth straight quarter of surplus and was equivalent to 1.3 percent of the country's GDP. The deficit of services account widened to USD 5.27 billion from USD 3.56 billion a year ago and that of primary income increased to USD 9.28 billion from USD 8.27 billion. At the same time, the surplus of goods account increased to USD 17.52 billion from USD 15.41 billion in the prior year, supported by a further recovery in global demand and high commodity prices. Meanwhile, the surplus of secondary income stood at USD 1.41 billion, little changed from a gain of USD 1.42 billion previously. source: Bank Indonesia
Current Account in Indonesia averaged -978.48 USD Million from 1981 until 2022, reaching an all time high of 4963.00 USD Million in the third quarter of 2021 and a record low of -10125.60 USD Million in the second quarter of 2013. This page provides - Indonesia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Current Account in Indonesia is expected to be 3500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Current Account is projected to trend around 700.00 USD Million in 2023 and -1000.00 USD Million in 2024, according to our econometric models.