Indonesia GDP Growth Rate  2005-2017 | Data | Chart | Calendar | Forecast

Indonesia's GDP shrank 1.77 percent quarter-on-quarter in the fourth quarter of 2016, compared to a downwardly revised 3.13 percent growth in the September quarter. It was the first contraction in three quarters and in line with markets estimates of a 1.8 percent decrease, as private consumption stalled while investment rose further and government spending and exports rebounded. GDP Growth Rate in Indonesia averaged 1.41 percent from 2005 until 2016, reaching an all time high of 4.03 percent in the second quarter of 2016 and a record low of -3.57 percent in the fourth quarter of 2008.

Indonesia GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-05 02:00 AM Q2 4.02% -0.36% 3.79% 3.5%
2016-11-07 04:00 AM Q3 3.20% 4.03% 3.22% 3.6%
2017-02-06 04:00 AM Q4 -1.77% 3.13% -1.8% -1.1%
2017-05-04 04:00 AM Q1 -1.77% 0.4%
2017-08-05 02:00 AM Q2 3.7%
2017-11-07 04:00 AM Q3 3.5%




Indonesia Economy Contracts 1.77% QoQ in Q4


Indonesia's GDP shrank 1.77 percent quarter-on-quarter in the fourth quarter of 2016, compared to a downwardly revised 3.13 percent growth in the September quarter. It was the first contraction in three quarters and in line with markets estimates of a 1.8 percent decrease, as private consumption stalled while investment rose further and government spending and exports rebounded.

In the December quarter, private consumption was nearly flat (-0.02 percent), compared to a 3.45 percent rise in the preceding three months. Private non-profit spending advanced 2.83 percent (4.26 percentin the previous period). Government spending surged 39.49 percent (-0.19 percent) and investment rose 4.56 percent (3.52 percent). Exports went up 8.93 percent (-3.64 percent) and imports jumped 12.67 percent (-5.09 percent). 

On the production side, agriculture decreased the most by 21.24 percent (+4.67 percent in the previous period), followed by finance and insurance sector (-0.81 percent from 2.79 percent), manufacturing (-0.69 percent from 0.83 percent), whole sale and retail trade (-0.40 percent from 1.39 percent). In contrast, growth was seen for: mining & quarrying (2.18 percent from 0.58 percent in the previous period), electricity and gas (4.17 percent from -2.12 percent),  other services (1.97 percent from 1.95 percent), information and communication (1.74 percent from 2.84 percent), business service (1.62 percent from 1.56 percent), water and waste management (1.22 percent from 0.45 percent), transport & storage (1.10 percent from 5.39 percent), real estate (0.41 percent from 0.45 percent), education services (10.74 percent from -1.28 percent), healthcare (6.91 percent from 0.63 percent) and government administration (6.67 percent from 1.66 percent).

Year-on-year, the economy expanded 4.94 percent, compared to a downwardly revised 5.01 percent growth in the September quarter while market estimated a 5.07 percent expansion. It was the slowest growth since the March quarter.

Statistic of Indonesia | Chusnul Ch Manan | chusnul@tradingeconomics.com
2/6/2017 1:18:46 PM



Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.77 3.13 4.01 -3.57 percent [+]
GDP Annual Growth Rate 4.94 5.01 7.16 1.56 percent [+]
GDP 861.93 890.49 917.87 5.98 USD Billion [+]
GDP Constant Prices 2385577.10 2428569.90 2428569.90 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.52 IDR Billion [+]
Gross Fixed Capital Formation 804145.64 769097.64 804145.64 63970.10 IDR Billion [+]
GDP per capita 3834.06 3703.37 3834.06 549.48 USD [+]
GDP per capita PPP 10385.30 10031.30 10385.30 4477.30 USD [+]
GDP From Agriculture 45636.50 80606.50 87304.50 37282.50 IDR Billion [+]
GDP From Construction 245436.80 234722.70 245436.80 149919.00 IDR Billion [+]
GDP From Manufacturing 508180.60 511699.10 511699.10 371813.30 IDR Billion [+]
GDP From Mining 196384.70 192193.10 205685.00 171254.70 IDR Billion [+]
GDP From Services 40746.10 40097.80 40746.10 23736.80 IDR Billion [+]
GDP From Utilities 30895.90 29466.20 30895.90 14032.20 IDR Billion [+]



Indonesia GDP Growth Rate Notes

Indonesian economy is the largest in South East Asia. The country has been growing steady in the last few years mostly due to high domestic consumption and growth in exports of manufactured products and commodities. This page provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1.77 3.13 4.01 -3.57 2005 - 2016 percent Quarterly



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