Indonesia GDP Growth Rate  2005-2016 | Data | Chart | Calendar | Forecast

Indonesia's GDP shrank 1.83 percent quarter-on-quarter in the final quarter of 2015, as compared to an upwardly revised 3.36 percent expansion in the September quarter but above market expectations of a 1.94 percent contraction. A surge in government spending and a faster increase in investment were unable to offset a sharp slowdown in private consumption and a faster decline in exports. GDP Growth Rate in Indonesia averaged 1.42 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.

Indonesia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-1.83 3.21 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. Indonesia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-08-05 05:00 AM Q2 3.78% -0.17%(R) 3.73% 3.23%
2015-11-05 04:00 AM Q3 3.21% 3.78% 3.33% 3.1%
2016-02-05 02:00 AM Q4 -1.83% 3.36% -1.94% 1.07%
2016-05-09 04:00 AM Q1 -1.83% 0.1%
2016-08-05 04:00 AM Q2 3.51%
2016-11-07 04:00 AM Q3 3.24%

Indonesia Economy Contracts 1.83% QoQ in Q4


Indonesia's GDP shrank 1.83 percent quarter-on-quarter in the final quarter of 2015, as compared to an upwardly revised 3.36 percent expansion in the September quarter but above market expectations of a 1.94 percent contraction. A surge in government spending and a faster increase in investment were unable to offset a sharp slowdown in private consumption and a further decline in exports.

On the expenditure side, private consumption grew 0.01 percent, slowing sharply from a 3.53 percent in the September quarter. Government spending rose 41.30 percent, surging from a 9.26 percent expansion in the preceding quarter. Private non-profit spending also expanded by 2.75  percent, after registering a 4.33 percent rise in the previous three months. Investment advanced by 5.01 percent, accelerating from a 3.51 percent. Exports fell by 1.85 percent from a 0.02 percent contraction while imports rose 5.70 percent, as compared to a 4.20 percent contraction in the third quarter.

On the production side the agriculture and forestry sector contracted the most by 23.34 percent, followed by wholesale and retail trading (-1.45 percent) and mining and quarrying (-0.23 percent). In contrast, public administration and defence; compulsory social security grew the most by 10.87 percent, followed by education (+9.45 percent), human health and social work activities (+7.26 percent), construction (+6.39 percent), electricity and gas (+5.92 percent), financial & insurance (+3.59 percent), accommodation anf dood service (+2.05 percent), other services (+1.99 percent), business activities (+1.73 percent), information and communication (+1.71 percent), transportation & storage (+1.49 percent), real estate (+0.73 percent), manufacturing 0.43 percent) and water supply and waste management (+0.25 percent). 

Year-on-year, the economy advanced by 5.04 percent, following an upwardly revised a 4.74 percent expansion in the third quarter of 2015. 

Considering full year of 2015, the GDP grew by 4.79 percent, fractionally above expectations of 4.75 percent expansion but marking the slowest growth since 2009.

Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
2/5/2016 3:57:42 AM

Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.83 3.21 3.83 -3.57 percent [+]
GDP Annual Growth Rate 5.04 4.73 7.16 1.56 percent [+]
GDP 888.54 910.48 917.87 5.98 USD Billion [+]
GDP Constant Prices 2270356.60 2311200.00 2311200.00 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.52 IDR Billion [+]
Gross Fixed Capital Formation 774642.21 734600.00 774642.21 63970.10 IDR Billion [+]
GDP per capita 1865.85 1797.54 1865.85 275.78 USD [+]
GDP per capita PPP 10098.66 9728.91 10098.66 4547.57 USD [+]
GDP From Agriculture 38951.60 77811.20 87304.50 37282.50 IDR Billion [+]
GDP From Construction 237932.30 223600.00 237932.30 149919.00 IDR Billion [+]
GDP From Manufacturing 490969.70 488800.00 490969.70 371813.30 IDR Billion [+]
GDP From Mining 189498.60 186600.00 205408.50 171254.70 IDR Billion [+]
GDP From Services 38139.40 37500.00 38139.40 23736.80 IDR Billion [+]
GDP From Utilities 27634.10 25919.50 27634.10 14032.20 IDR Billion [+]




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Czech Republic 0.00 Dec/15
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Singapore 0.00 Mar/16
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Moldova -0.10 Dec/15
Belize -0.25 Dec/15
Japan -0.30 Dec/15
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Russia -0.57 Sep/15
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Brazil -1.40 Dec/15
Indonesia -1.83 Dec/15
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Bolivia -9.72 Jun/15