Indonesia recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2022. It is the biggest surplus since 2009, supported by an increase in exports in line with high global commodity prices and demand for Indonesian commodities. source: Bank Indonesia

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. 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 June of 2023.

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Indonesia Current Account to GDP

Related Last Previous Unit Reference
Current Account 2972.00 4181.00 USD Million Mar 2023
Current Account to GDP 1.00 0.30 percent of GDP Dec 2022
External Debt 402801.39 397005.24 USD Million Mar 2023
Remittances 2597.00 2530.27 USD Million Mar 2023
Tourism Revenues 2824.75 2518.35 USD Million Mar 2023
Capital Flows 3380.54 325.59 USD Million Mar 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