Indonesia GDP Growth Rate 2005-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Indonesia contracted 0.18 percent in the first quarter of 2015 over the previous quarter. GDP Growth Rate in Indonesia averaged 1.40 percent from 2005 until 2015, reaching an all time high of 3.83 percent in the second quarter of 2014 and a record low of -3.57 percent in the fourth quarter of 2008. GDP Growth Rate in Indonesia is reported by the Statistics Indonesia.

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Indonesia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.18 -2.06 3.83 -3.57 2005 - 2015 percent Quarterly
Indonesia is the largest economy 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. Content for - Indonesia GDP Growth Rate - was last refreshed on Friday, July 31, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-11-05 04:00 AM Q3 2.96% 2.49% 3.02% 2.5%
2015-02-05 04:00 AM Q4 -2.06% 3.16%(R) -1.48% -0.15%
2015-05-05 05:00 AM Q1 -0.18% -2.06% 0.04% 0.1%
2015-08-05 05:00 AM Q2 -0.18% 0.23%
2015-11-05 04:00 AM Q3 1.22%


Indonesia's Economy Shrinks 0.18% in Q1


Indonesia's GDP contracted by 0.18 percent in the first quarter of 2015, following a 2.06 percent contraction in the previous quarter, as a small increase in private consumption was unable to offset a decline in government consumption, investment and exports.

On the expenditure side, private consumption rose 0.11 percent, accelerating from 0.03 percent growth in the fourth quarter. Government consumption contracted by 48.68 percent, following a  43.28  percent  expansion in the December quarter. Non-profit institutions serving households spending also declined by 1.19 percent from 1.46 percent growth in the preceding quarter. Investment contracted by 4.72 percent, after registering a 2.99 percent growth in fourth quarter. Exports in the first quarter of 2015 declined by 5.98 percent from  a 4.32 percent expansion in the previous quarter. Imports also fell by 9.98 percent, following a 8.17 percent growth in the preceding period.

On the production side, contractions were seen for: mining and quarrying sector (-9.19 percent), electricity and gas (-7.34 percent), construction (-5.94 percent), education services (-10.89 percent), health services and social activities (-6.39 percent), transport and warehouse (-1.17 percent) and manufacturing (-0.62 percent). In contrast, growth were seen for: the agriculture sector (+14.63 percent), the information and communication sector  (+3.06 percent), the companies services (+2.24 percent) and real estate (+1.17 percent).

Year-on-year, the economy advanced by 4.71 percent, following a 5.01 percent in the last quarter of 2014. It is the slowest expansion since the third quarter of 2009.

Statistics Indonesia | Rida Husna l rida@tradingeconomics.com
5/5/2015 11:55:06 AM


Recent Releases

Indonesia GDP Shrinks 2.06% in Q4
Indonesia's GDP contracted 2.06 percent in the last quarter of 2014, following a revised 3.16 percent growth in the previous quarter. It is the slowest expansion since the fourth quarter of 2009, as an increase in government spending, investment and exports were unable to offset a rising imports and a plunge in private consumption.
Published on 2015-02-05


Indonesia GDP Last Previous Highest Lowest Unit
GDP 888.54 910.48 917.87 5.98 USD Billion [+]
GDP Growth Rate -0.18 -2.06 3.83 -3.57 percent [+]
GDP Annual Growth Rate 4.71 5.01 7.16 1.56 percent [+]
GDP Constant Prices 2157525.00 2161458.30 2206874.60 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.50 IDR Billion [+]
GDP per capita 1865.85 1797.54 1865.85 275.78 USD [+]
Gross Fixed Capital Formation 689096.40 723197.31 723197.31 63970.10 IDR Billion [+]
GDP per capita PPP 10098.66 9728.91 10098.66 4547.57 USD [+]
GDP From Agriculture 82354.30 40362.90 87304.50 37282.50 IDR Billion [+]
GDP From Construction 206776.90 219828.70 219828.70 149919.00 IDR Billion [+]
GDP From Manufacturing 468143.20 471068.20 471068.20 371813.30 IDR Billion [+]
GDP From Mining 186540.70 205408.50 205408.50 171254.70 IDR Billion [+]
GDP From Services 36061.50 35272.40 36061.50 23736.80 IDR Billion [+]
GDP From Utilities 21556.30 21641.00 21641.00 14032.20 IDR Billion [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.90 Mar/15 0.50 4.50 -2.00 percent [+]
Brazil -0.20 Mar/15 0.30 4.50 -4.20 percent [+]
Canada -0.10 Mar/15 0.60 3.33 -1.80 percent [+]
China 1.70 Jun/15 1.40 2.50 1.40 percent [+]
Euro Area 0.40 Mar/15 0.40 1.30 -2.90 percent [+]
France 0.60 Mar/15 0.10 7.70 -5.00 percent [+]
Germany 0.30 Mar/15 0.70 2.10 -3.70 percent [+]
India 4.10 Mar/15 3.10 7.40 -3.40 percent [+]
Indonesia -0.18 Mar/15 -2.06 3.83 -3.57 percent [+]
Italy 0.30 Mar/15 0.00 6.00 -3.50 percent [+]
Japan 1.00 Mar/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Mar/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.60 Mar/15 0.90 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.30 Jun/15 0.80 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.60 -1.60 percent [+]
Switzerland -0.20 Mar/15 0.50 1.90 -2.20 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.70 Jun/15 0.40 5.00 -2.70 percent [+]
United States 2.30 Jun/15 -0.20 16.90 -10.00 percent [+]