Indonesia GDP Annual Growth Rate 2000-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Indonesia expanded 4.71 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Indonesia averaged 5.40 percent from 2000 until 2014, 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. GDP Annual Growth Rate in Indonesia is reported by the Statistics Indonesia.

      Forecast
Indonesia GDP Annual Growth Rate
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
4.71 5.01 7.16 1.56 2000 - 2015 percent Quarterly
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. Content for - Indonesia GDP Annual Growth Rate - was last refreshed on Friday, May 22, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-11-05 04:00 AM Q3 5.01% 5.12% 5.10% 5.04%
2015-02-05 04:00 AM Q4 5.01% 4.92% (R) 4.95% 4.78%
2015-05-05 05:00 AM Q1 4.71% 5.01% 4.95% 4.66%
2015-08-05 05:00 AM Q2 4.71% 4.57%
2015-11-05 04:00 AM Q3 4.71%


Indonesia GDP Growth Weakest in 6 Years


The Indonesian economy grew by 4.71 percent year-on-year in the first quarter of 2015, markedly down from a 5.01 percent expansion reported in the previous period. It is the slowest growth since the third quarter of 2009, as an increase in investment was unable to offset a further decline in exports and a slowdown in government consumption.

On the expenditure side, gross fixed capital formation grew by 4.36 percent year-on-year, accelerating from a 4.27 percent  expansion in the preceding quarter. Private consumption rose by 5.01 percent, the same pace as in the previous period while government spending expanded by 2.21 percent, slowing from a 2.83 percent growth in the fourth quarter 2014. Exports fell 0.53 percent , following a 4.53 percent decline in the fourth quarter. Imports also declined by 2.20 percent, following a 3.22 percent growth in the December quarter. Non-profit institution serving household spending shrank 8.25 percent, following a 0.23 percent contraction in the previous quarter. 

On the production side, mining and quarrying sector contracted by 2.32 percent year-on-year, following a 2.22 percent expansion in the December quarter. In contrast, communication and information sector recorded the highest annual growth rate of 10.53 percent, followed by other services (+8.0 percent); finance and insurance (+7.57 percent); companies services (+7.36 percent); health services and social activities (+7.34 percent); transport and warehouse (+6.35 percent); construction (+6.04 percent); education services (+5.92 percent); real estate (+5.26 percent); goverment administration, defense and mandatory social security (+4.71 percent); manufacturing (+3.87 percent); agriculture, forestry (+3.80 percent); wholesale and retail trading, bicycle and car reparation (+3.66 percent); water supply, waste handling and recycling (+2.27 percent) and gas and electricity (+1.55 percent). 

On a quarter-on-quarter basis, the economy shrank 0.18 percent, following a 2.06 percent contraction in the previous quarter. Private consumption rose 0.11 percent (0.03 percent growth in the fourth quarter). Government consumption contracted by 48.68 percent (from  43.28  percent  growth) and non-profit institutions serving households spending declined by 1.19 percent (from +1.46 percent). Investment contracted by 4.72 percent (from +2.99 percent), exports declined by 5.98 percent (from +4.32 percent) and imports fell by 9.98 percent.

Statistics Indonesia l Rida Husna l rida@tradingeconomics.com
5/5/2015 11:44:05 AM


Recent Releases

Indonesia GDP Grows 5.01% in Q4
The Indonesian economy expanded 5.01 percent year-on-year in the fourth quarter of 2014, slightly up from a revised 4.92 percent increase in the previous period and above market expectations. Yet, considering full 2014, the GDP expanded at its slowest pace in five years, hurt by a slowdown in private and public spending and lower exports. Published on 2015-02-05

Indonesia Posts the Slowest GDP Growth in 5 Years
Indonesian economy expanded 5.01 percent year-on-year in the third quarter of 2014, the slowest growth rate since 2009 as an increase in government spending was unable to offset slowing investment and a decline in exports. Published on 2014-11-05


Indonesia GDP Last Previous Highest Lowest Unit
GDP 868.35 878.04 878.04 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 1810.31 1732.18 1810.31 275.78 USD [+]
Gross Fixed Capital Formation 689096.40 723197.31 723197.31 63970.10 IDR Billion [+]
GDP per capita PPP 9254.42 8855.01 9254.42 4295.26 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.50 Nov/14 2.70 9.00 -3.40 percent [+]
Brazil -0.20 Nov/14 -0.60 10.10 -3.15 percent [+]
Canada 2.63 Nov/14 2.75 8.80 -3.70 percent [+]
China 7.00 Feb/15 7.30 14.20 3.80 percent [+]
Euro Area 1.00 Feb/15 0.90 5.00 -5.60 percent [+]
France 0.70 Feb/15 0.00 12.50 -3.92 percent [+]
Germany 1.10 Feb/15 1.60 5.20 -6.80 percent [+]
India 7.50 Nov/14 8.20 11.40 -5.20 percent [+]
Indonesia 4.71 Feb/15 5.01 7.16 1.56 percent [+]
Italy 0.00 Feb/15 -0.50 10.30 -6.90 percent [+]
Japan -1.40 Feb/15 -0.90 9.40 -9.40 percent [+]
Mexico 2.50 Feb/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.40 Feb/15 1.40 5.80 -4.40 percent [+]
Russia -1.90 Feb/15 0.40 12.10 -11.20 percent [+]
South Korea 2.40 Feb/15 2.70 18.20 -7.30 percent [+]
Spain 2.60 Feb/15 2.00 5.80 -4.40 percent [+]
Switzerland 1.90 Nov/14 1.90 7.30 -3.70 percent [+]
Turkey 2.60 Nov/14 1.90 12.60 -14.70 percent [+]
United Kingdom 2.40 Feb/15 3.00 9.80 -5.80 percent [+]
United States 3.00 Feb/15 2.40 13.40 -4.10 percent [+]