Indonesia Current Account

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Indonesia recorded a current account deficit of $4,679 million (2.0 percent of GDP) in the second quarter of 2016, compared to a marginally revised $4,762 million gap (2.2 percent of GDP) in the previous period.
The non-oil trade balance surplus widened ($4,916 million from $3,244 in Q1), mainly driven by rising exports of textiles and textile products, vehicles and parts, and machinery and mechanical equipment. On the other hand, oil and gas trade deficit increased ($1,431 million from $843 in Q1), in line with rising world oil prices. In addition, the service account deficit also widened ($1,999 million from $1,148 in Q1), following the seasonal pattern of travel services. Current Account in Indonesia averaged -581.63 USD Million from 1981 until 2016, reaching an all time high of 3795 USD Million in the third quarter of 2006 and a record low of -10125.60 USD Million in the second quarter of 2013. Current Account in Indonesia is reported by the Bank Indonesia. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides – Indonesia Current Account – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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  1. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...

  2. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...

  3. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...

  4. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...

  5. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....

  6. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...

  7. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  8. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  9. United States Current Account The US current account deficit decreased to USD 112.4 billion in the last three months of 2016 from an upwardly revised USD 116 billion gap in the previous period and better than market expectations of a USD 128 billion shortfall. It is the smallest gap since the second quarter of 2015, as the surplus widened for the primary income (by USD 19.9 billion to USD 61.5 billion) and the services account (by USD 1.4 billion to USD 63.8 billion). In contrast, the goods deficit widened by USD 17.5 billion to USD 196 billion due to a drop...

  10. Argentina Current Account Argentina’s current account deficit narrowed in the fourth quarter of 2016 to USD 4.40 billion, from USD 4.93 billion in the same quarter of last year. Consensus expected a USD 3.90 billion deficit. The 11 percent annual deficit decline was mainly explained by a narrower trade deficit, which was recorded at USD 869 million in the period. On a yearly basis, the current account deficit also narrowed to USD 15.02 billion (from USD 16.81 billion in 2015), mainly explained by a 6.9 percent fall in imports of goods. Current Account in Argentina averaged -605.25 USD Million from...

  11. Brazil Current Account The current account deficit in Brazil widened to USD 5.1 billion in January of 2017 from a USD 4.8 billion gap a year earlier and compared to market expectations of a USD 5.35 billion deficit. The services shortfall increased (USD 2.4 billion from USD 1.38 billion); the deficit for primary income (USD 5.34 billion from USD 4.32 billion) also widened and the secondary income surplus fell (USD 0.17 billion from USD 0.24 billion). In contrast, the goods surplus increased to USD 2.5 billion from a USD 0.65 billion surplus a year earlier. Current Account in Brazil averaged -1683.38 USD Million...

  12. South Korea Current Account South Korea’s current account suplus widened to USD 8.40 billion in February of 2017 from USD 7.62 billion in the same month of last year. The goods account surplus widened to USD 10.55 billion, compared to USD 7.93 billion in February of last year. Meanwhile, the services account deficit widened to USD 2.23 billion (from a USD 1.16 gap in February of 2016), explained by larger deficits in the travel and transport accounts. Current Account in South Korea averaged 1369.69 USD Million from 1980 until 2017, reaching an all time high of 12086.30 USD Million in June...

  13. Malaysia Current Account Malaysia current account surplus rose to 12.2 MYR billion in the fourth quarter of 2016 from 10.6 MYR billion in the same quarter of 2015. It was the highest surplus since the second quarter 2014, mainly supported by a higher goods surplus (31.4 MYR billion from 31.1 MYR billion in the fourth quarter of the prior year). In addition, services account posted a 6 MYR billion deficit, narrowing from a 6.4 MYR billion gap in the same period 2015. The balance of primary income registered a 9 MYR billion deficit, compared to a 9.1 MYR billion gap in the fourth...

  14. Austria Current Account Austria current account surplus narrowed to EUR 586 million in the fourth quarter of 2016 from EUR 1158 million a year earlier. The goods deficit increased to EUR 1227 million from a EUR 407 million gap in the fourth quarter of 2015 and the secondary income deficit rose to EUR 973 million from 564 million. In contrast, the services surplus increased to EUR 2085 million from EUR 2027 million and the primary income surplus also increased to EUR 700 million from EUR 101 million. Considering 2016, the current account surplus shrank by EUR 485 million to EUR...

  15. Israel Current Account Israel’s current account surplus widened to $3.2 billion in the fourth quarter of 2016 from $2.9 billion a year ago. Trade surplus in services increased to $3.6 billion (from $3.4 billion surplus in Q4 2015) while the trade deficit in goods widened to $2.2 billion (from $1.6 billion gap in Q4 2015). Primary income deficit narrowed to $0.7 billion (from $1.1 billion in Q4 2015). Also, secondary income surplus rose to $2.6 billion ($2.1 billion in Q4 2015). Current Account in Israel averaged 285.90 USD Million from 1975 until 2016, reaching an all time high of 3707...

  16. Mexico Current Account Mexico’s current account deficit narrowed to USD 3.36 billion in the last quarter of 2016 compared to a downwardly revised USD 7.52 billion the same quarter of the previous year. The goods deficit declined significantly to USD 0.66 billion from USD 3.78 billion a year ago while the services gap increased to USD 1.95 billion from USD 1.87 billion. Considering full 2016, the country recorded a USD 27.86 billion gap, equivalent to 2.7 percent of the gross domestic product, compared to a USD 33.35 billion shortfall in 2015, equivalent to 2.9 percent of GDP. Current Account in Mexico averaged -2120.11...

  17. Armenia Current Account Armenia recorded a current account deficit of $184 million in the fourth quarter of 2016, compared to a $93.8 million gap in the same period a year ago. The surplus in primary income narrowed to $132.1 million (from a $186.9 million surplus), mainly due to lower investment income and direct investments. In contrast, secondary income surplus widened to $175.5 million (from $171.8 million). Meanwhile, the deficit in goods and services account declined to $355.6 million (from $364.4 million gap). Current Account in Armenia averaged -128.95 USD Million from 1993 until 2016, reaching an all time high of...

  18. United States Current Account to GDP The United States recorded a Current Account deficit of 2.60 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in the United States averaged -2.66 percent from 1980 until 2016, reaching an all time high of 0.20 percent in 1981 and a record low of -6 percent in 2006.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usaca2gdp&v=201703220322t&h=300&w=600&ref=/united-states/current-account-to-gdp’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/current-account-to-gdp’>tradingeconomics.com</a> The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a...

  19. Chile Current Account to GDP Chile recorded a Current Account deficit of 1.40 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in Chile averaged -2.62 percent from 1980 until 2016, reaching an all time high of 4.60 percent in 2006 and a record low of -14 percent in 1981.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=chlca2gdp&v=201703240221t&h=300&w=600&ref=/chile/current-account-to-gdp’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/chile/current-account-to-gdp’>tradingeconomics.com</a> The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording...

  20. South Africa Current Account to GDP South Africa recorded a Current Account deficit of 3.30 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in South Africa averaged -1.58 percent from 1963 until 2016, reaching an all time high of 6 percent in 1987 and a record low of -7.50 percent in 1971.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=zafca2gdp&v=201703260327t&h=300&w=600&ref=/south-africa/current-account-to-gdp’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/south-africa/current-account-to-gdp’>tradingeconomics.com</a> The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually,...