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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 (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| 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 | 17.873 | 0.00 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |
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