Indonesia recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2022. Current Account to GDP in Indonesia averaged -0.67 percent of GDP from 1980 until 2022, reaching an all time high of 4.80 percent of GDP in 2000 and a record low of -6.80 percent of GDP in 1983. source: Bank Indonesia

Current Account to GDP in Indonesia is expected to reach -0.30 percent of GDP by the end of 2023, 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 -0.60 percent of GDP in 2024 and -1.00 percent of GDP in 2025, according to our econometric models.

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Indonesia Current Account to GDP

Related Last Previous Unit Reference
Current Account -1290.00 -1039.00 USD Million Dec 2023
Current Account to GDP 1.00 0.30 percent of GDP Dec 2022
External Debt 407106.66 394243.35 USD Million Dec 2023
Remittances 2734.00 2658.00 USD Million Sep 2023
Tourism Revenues 4375.80 3249.44 USD Million Sep 2023
Capital Flows -281.38 -4846.57 USD Million Sep 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.30 4.80 -6.80 1980 - 2022 percent of GDP Yearly