Indonesia GDP Annual Growth Rate 2000-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Indonesia expanded 5.01 percent in the third quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Indonesia averaged 5.42 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


Actual Previous Highest Lowest Dates Unit Frequency
5.01 5.12 7.16 1.56 2000 - 2014 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 Tuesday, November 25, 2014.


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.

On the expenditure side, exports fell 0.7 percent, following a 1.04 percent decline in the second quarter, while imports plunged 3.63 percent from a 5.02 percent fall in the April to June period. Government spending expanded 4.37 percent after registering a 0.71 percent decline in the previous three months. Private consumption grew 5.44 percent, slowing from a 5.59 percent growth in the preceding period and gross fixed capital formation grew at a slower 4.02 percent from a 4.53 percent expansion in the second quarter.

On the production side, the transport and communication sector recorded the highest annual growth rate at 9.01 percent compared with a 9.53 percent expansion in the second quarter. The services sector grew 6.52 person from 5.68 in the previous period while financial and business services expanded 5.96 percent, slowing from a 6.18 percent increase in the June quarter. Construction advanced 6.28 percent, slowing from a 6.59 percent expansion in the second quarter. Mining and quarrying grew 0.31 percent from a 0.15 percent decline in the previous period. Utilities, including electricity, gas and water supply expanded 6.18 percent from a 5.77 percent increase in April to June quarter. Growth in the manufacturing sector slowed to 4.61 percent from 5.04 percent expansion in the preceding period.

On a quarter-on-quarter basis, the economy expanded 2.96 percent from a revised 2.49 percent in the previous quarter. Private consumption rose 2.78 percent from a 1.50 percent growth in the second quarter. Goverment consumption accelerated 11.12 percent after registering a 25.39 percent growth in the preceding period. Investments activities grew 1.66 percent from a revised 4.61 percent expansion in April to June quarter. Exports in the third quarter advanced 0.02 percent, slowing significantly from a 2.14 percent growth in the previous period, while imports fell 2.87 percent from a 5.32 percent growth in the earlier period.

Statistics Indonesia l Rida l rida@tradingeconomics.com
11/5/2014 11:27:44 AM


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Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-05-05 05:00 AM
GDP Growth Rate YoY  Q1 2014
5.21% 5.72% 5.6% 5.5%
2014-08-05 05:00 AM
GDP Growth Rate YoY  Q2 2014
5.12% 5.22% (R) 5.3% 5.44%
2014-11-05 04:00 AM
GDP Growth Rate YoY  Q3 2014
5.01% 5.12% 5.10% 5.04%


Indonesia GDP Last Previous Highest Lowest Unit
GDP 868.35 878.04 878.04 5.98 USD Billion [+]
GDP Growth Rate 2.96 2.49 3.82 -3.57 percent [+]
GDP Annual Growth Rate 5.01 5.12 7.16 1.56 percent [+]
GDP Constant Prices 745576.60 724100.00 745576.60 340865.20 IDR Billion [+]
Gross National Product 712394.52 692936.50 712394.52 317687.50 IDR Billion [+]
GDP per capita 1810.31 1732.18 1810.31 275.78 USD [+]
Gross Fixed Capital Formation 182428.02 179400.00 182428.02 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 3.10 May/14 3.50 9.00 -3.40 percent [+]
Brazil -0.90 May/14 1.90 10.10 -3.15 percent [+]
Canada 2.45 May/14 2.14 8.80 -3.70 percent [+]
China 7.30 Aug/14 7.50 14.20 3.80 percent [+]
Euro Area 0.80 Aug/14 0.80 5.00 -5.50 percent [+]
France 0.40 Aug/14 0.00 4.90 -4.30 percent [+]
Germany 1.20 Aug/14 1.00 5.20 -6.80 percent [+]
India 5.70 May/14 4.60 11.40 -5.20 percent [+]
Indonesia 5.01 Aug/14 5.12 7.16 1.56 percent [+]
Italy -0.40 Aug/14 -0.30 10.30 -6.90 percent [+]
Japan -1.20 Aug/14 -0.20 9.40 -9.40 percent [+]
Mexico 2.20 Aug/14 1.60 8.50 -8.10 percent [+]
Netherlands 1.10 Aug/14 1.10 5.80 -4.40 percent [+]
Russia 0.70 Aug/14 0.80 12.10 -11.20 percent [+]
South Korea 3.20 Aug/14 3.50 18.20 -7.30 percent [+]
Spain 1.60 Aug/14 1.30 5.80 -4.40 percent [+]
Switzerland 0.60 May/14 2.10 7.30 -3.70 percent [+]
Turkey 2.10 May/14 4.70 12.60 -14.70 percent [+]
United Kingdom 3.00 Aug/14 3.20 9.80 -5.80 percent [+]
United States 2.30 Aug/14 2.60 13.40 -4.10 percent [+]