Indonesia GDP Annual Growth Rate  2000-2017 | Data | Chart | Calendar

The Indonesian economy expanded 4.94 percent year-on-year in the December quarter of 2016, compared to a marginally revised 5.01 percent growth in the third quarter while market estimated a 5.07 percent expansion. It was the slowest growth since the March quarter, as a slowdown in private consumption and a further decline in government spending offset a rebound in exports and a faster increase in investment. Considering full 2016, the GDP grew by 5.02 percent, compared to an upwardly revised 4.88 percent expansion in 2015 and slightly below market expectations of a 5.03 percent growth. GDP Annual Growth Rate in Indonesia averaged 5.30 percent from 2000 until 2016, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of 1.56 percent in the fourth quarter of 2001.

Indonesia GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-07 04:00 AM Q3 5.02% 5.19% 5.04% 5.0%
2017-02-06 04:00 AM Q4 4.94% 5.01% 5.07% 5.1%
2017-02-06 04:00 AM 2016 5.02% 4.88% 5.03% 5%
2017-05-04 02:00 AM Q1 4.94% 5%
2017-08-05 02:00 AM Q2 5.1%
2017-11-07 02:00 AM Q3 5.1%




Indonesia GDP Growth Slowest In 3 Quarters In Q4


The Indonesian economy expanded 4.94 percent year-on-year in the December quarter of 2016, compared to a marginally revised 5.01 percent growth in the third quarter while market estimated a 5.07 percent expansion. It was the slowest growth since the March quarter, as a slowdown in private consumption and a further decline in government spending offset a rebound in exports and a faster increase in investment.

In the fourth quarter, private consumption expanded by 4.99 percent year-on-year, slower than a 5.01 percent growth in the preceding quarter. Government spending fell by 4.05 percent, faster than a 2.95 percent decline in the September quarter. Gross fixed capital formation grew by 4.80 percent, compared to a 4.24 percent rise in the previous three months. Private non-profit expenditure expanded by 6.72 percent, as compared to a 6.64 percent growth in the preceding quarter. Exports increased by 4.24 percent, shifting from a 5.65 contraction in previous quarter. Imports also rose by 2.82 percent, after registering a 3.67 percent decline. 
 
On the production side, growth eased for most sectors: other services (7.69 percent from 7.71 percent in the prior quarter), business services (6.83 percent from 6.95 percent), hotel and restaurants (4.47 percent from 4.68 percent), construction (4.21 percent from 4.95 percent), finance (4.18 percent from 9.04 percent), healthcare (4.10 percent from 4.49 percent), real estate (3.65 percent from 3.97 percent), manufacturing (3.36 percent from 4.52 percent), electricity and gas (3.14 percent from 4.88 percent) and government administration (0.27 percent from 3.80 percent). In contrast, activities rose at a faster pace for information (9.57 percent from 8.95 percent); agriculture (5.31 percent from 3.03 percent), wholesale (3.90 percent from 3.59 percent), education (3.12 percent from 1.95 percent), water and waste management (2.66 percent from 2.36 percent) and mining (1.60 percent from 0.29 percent).

On a quarter-on-quarter basis, the economy shrank 1.77 percent, following 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 1.80 percent decline.

Considering full 2016, the GDP grew by 5.02 percent, compared to an upwardly revised a 4.88 percent in 2015 and slightly below market expectations of a 5.03 percent expansion.
 

Statistics of Indonesia | Chusnul Ch Manan | chusnul@tradingeconomics.com
2/6/2017 11:49:01 AM



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 Annual Growth Rate Notes

Indonesia is the largest economy in South East Asia. Industry accounts for the largest share of GDP (46.5 percent of total GDP). Within industry, the most important is manufacturing, which has been one of the main growth engines (24 percent of total output). Mining and quarrying accounts for 12 percent, construction for 10 percent and electricity, gas and water supply for 0.75 percent. Services constitute 38 percent of total GDP. Within services, the most important are: trade, hotel and restaurants (around 14 percent of GDP); transport and communication (7 percent of GDP); finance, real estate and business services (7 percent of GDP) and government services (6 percent). Agriculture accounts for the remaining 15 percent. This page provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.94 5.01 7.16 1.56 2000 - 2016 percent Quarterly



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