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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 | % | |
|---|---|---|---|
| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.692 | -0.33 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |
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