Indonesia GDP

The Gross Domestic Product (GDP) in Indonesia was worth 878.04 billion US dollars in 2012. The GDP value of Indonesia represents 1.42 percent of the world economy. GDP in Indonesia is reported by the The World Bank Group. From 1967 until 2012, Indonesia GDP averaged 182.0 USD Billion reaching an all time high of 878.0 USD Billion in December of 2012 and a record low of 6.0 USD Billion in December of 1967. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Indonesia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
878.04 846.83 878.04 5.98 981.08 | 2014/06 1967 - 2012 USD Billion Yearly

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Indonesia GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Annual Growth Rate 5.72 2013-12-31 5.62 7.16 1.56 5.44 2014-06-30 Percent [+]
GDP Growth Rate -1.42 2013-12-31 2.96 3.82 -3.57 1.67 2014-06-30 Percent [+]
GDP per capita 1731.65 2012-12-31 1650.63 1731.65 275.78 1854.60 2014-06-30 USD [+]
GDP per capita PPP 4271.51 2012-12-31 4071.65 4271.51 1371.32 4570.79 2014-06-30 USD [+]
GDP Constant Prices 699903.10 2013-11-15 709984.50 709984.50 340865.20 735546.19 2014-06-30 IDR Billion [+]
Gross Fixed Capital Formation 180533.85 2013-11-15 175382.10 180533.85 63970.10 181022.04 2014-06-30 IDR Billion [+]
Gross National Product 670807.66 2013-11-15 681001.66 681001.66 317687.50 703523.58 2014-06-30 IDR Billion [+]
GDP 878.04 2012-12-31 846.83 878.04 5.98 981.08 2014-06-30 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Bank Indonesia Leaves Rates Unchanged  
At its April 8th, 2014 meeting, Bank Indonesia decided to leave the benchmark interest rate unchanged at 7.5 percent, as inflation, current account and rupiah pressures eased.
Bank Indonesia Leaves Monetary Policy on Hold  
Bank Indonesia decided on March 13th, 2014 to hold the benchmark interest rate steady at 7.5 percent for the fourth straight meeting, as pressures over the inflation rate and the rupiah have eased.
Indonesia Holds Rates Steady in February  
At its February 13th, 2014 meeting, Bank Indonesia left its benchmark interest rate unchanged at 7.5 percent, as widely expected, as the country’s current account deficit had narrowed sharply in the last quarter of 2013. The lending and deposit facility rates were also left unchanged at 7.50 percent and 5.75 percent, respectively.
Indonesia GDP Accelerates in Q4 2013  
In the last quarter of 2013, Indonesian GDP advanced at a faster-than-expected 5.72 percent over a year earlier, up from 5.62 percent in the previous quarter and breaking a two-year trend of declining GDP.
Bank Indonesia Leaves Rates on Hold in January  
In its January 9th meeting, Bank Indonesia decided to leave the benchmark interest rate unchanged at 7.5 percent, as widely expected. The lending and deposit facility rates were also left on hold at 7.50 percent and 5.75 percent, respectively.
Indonesia Monetary Policy Unchanged in December  
At its December 12th meeting, Bank of Indonesia decided to leave the benchmark interest rate unchanged at 7.5 percent, its highest level since 2009. The Central Bank said its decision was consistent with efforts to lower the annual inflation rate to 3.5-5.5 percent in 2014.
Bank Indonesia Raises the BI Rate by 25 bps to 7.5%  
In its November 12th meeting, Bank Indonesia decided to raise the BI rate for the fifth time this year by 25 bps to 7.5 percent. The benchmark interest rate is now at its highest since 2009, as policy makers keep efforts to decrease the current account deficit that has weighed on the rupiah.
Indonesian GDP Growth Slows to 5.62% YoY in Q3  
In the third quarter of 2013, Indonesian economy expanded by an annual 5.62 percent, the lowest growth rate in nearly four years. A surge in government spending was not enough to offset a slowdown in investment, hurt by higher borrowing costs as the central bank rose the interest rate by 150 bps since June to curb inflation and a slide in the currency.
Bank Indonesia Keeps BI rate On Hold at 7.25%  
The Bank Indonesia decided on October 8th to leave the BI Rate unchanged at 7.25 percent after raising it by 150 bps this year.
Bank Indonesia Raises the BI Rate to 7.25%  
Bank Indonesia decided on September 12th to raise the BI Rate for the fourth time this year by 25 bps to 7.25 percent and after having raised it by 50 bps later August. The central bank attempts to stabilize the rupiah, control the inflation rate and the current account.
MORE RELATED NEWS

LATEST NEWS

South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
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