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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 (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.067 | +0.11 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |
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