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Indonesia's current account deficit (CAD) was recorded at US$3.9 billion, or 1.4% of its Gross Domestic Product (GDP), in the first quarter of 2020. This figure is lower than the previous quarter's US$8.1 billion, or 2.8% of GDP.
The decrease in Indonesia's CAD was influenced by an increase in the goods trade surplus. This surplus was due to a larger decrease in imports than in exports. This is in line with the slowing economy as a result of the Covid-19 pandemic.
In addition to the trade surplus, the deficit decrease occurred in the services balance due to a reduction in the transportation services deficit. Indonesia's sluggish economy also lowered corporate income, resulting in lower profit sharing for investors. This impacted a decrease in the primary income balance deficit, further contributing to the reduction in the current account deficit.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 17.861 | +0.22 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Mar) | 1,09 | -6.17 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Pertumbuhan ekonomi (tw) (Q1) | 5,61 | +4.08 | |
| NTP (Apr) | 112,29 | +0.43 |
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