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

The Gross Domestic Product (GDP) in Indonesia expanded 5.12 percent in the second 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.


Indonesia GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.12 5.22 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 Saturday, November 1, 2014.

Indonesia GDP Growth Slows Further in Q2

Indonesian economy expanded 5.12 percent year-on-year in the second quarter of 2014, the slowest rate since 2009 as exports and government spending declined.

On the production side, transport and communication sector recorded the highest annual growth rate at 9.53 percent compared with a 10.23 percent rise in the first quarter. Mining contracted 0.15 percent, from a 0.38 percent declinde in the previous quarter. Construction advanced 6.59 percent, flat from growth 6.54 percent in January to March period. Utilities sector, including electricity, gas and water supply grew 5.77 percent from 6.52 percent in the first quarter. Financial and business services were relatively stable with growth at 6.18 percent from 6.16 percent in the preceding quarter. The expansion of manufacturing sector slowed to 5.04 percent from 5.16 percent. 

On the expenditure side, exports shrank by 1.04 percent  from a 0.44 percent fall in the first quarter. Imports plunged 5.02 percent from a 0.73 percent fall in January to March of 2014. Government spending contracted 0.71 percent from 3.58 percent growth in the previous three months. Private consumption continued strengthening and recorded 5.59 percent growth compared with 5.61 percent in the preceding period. Gross fixed capital formation were down to 4.53 percent from 5.14 percent in a period before.

On a quarter-on-quarter basis, the economy expanded 2.47 percent from 0.95 percent in the previous quarter thanks to the holy month and Eid holidays spending as well as the election. Private consumption rose 1.50 percent, doubling from the previous quarter. Goverment consumption also got a boost from the disbursement of the state budget, increasing 25.39 percent from a 44.17 contraction in January to March. Investments activity rose substantially from a 5.60 percent fall in the first quarter to 4.61 percent in the next quarter. Exports also improved to 2.14 percent from a 11.13 percent contraction in January to March while imports gained 5.32 percent after plunging 12.99 percent.

Statistics Indonesia l Rida l
8/5/2014 9:27:19 AM

Recent Releases

Can Indonesian Economy be Fixed by a New President?
On July 22nd, Jako Widodo, the reformist Jakarta governor was officially declared a new president of Indonesia. The new head of state will have a difficult task of tackling structural problems including reducing fuel subsidy, fixing infrastructure, encouraging foreign direct investment and increasing the country’s productivity and competitiveness. Published on 2014-07-22

Indonesia GDP Growth Slows to 5-Year Low
Indonesian economy advanced 5.21 percent year-on-year in Q1 of 2014, the slowest pace since 2009 and lower than the 5.72 percent growth rate in the previous quarter. A government ban imposed on exports of unprocessed minerals in January hurt exports and the mining sector. Published on 2014-05-05

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-06 04:00 AM Indonesia
GDP Growth Rate YoY
Q3 2013 5.62% 5.81% 5.6% 5.79%
2014-02-05 02:00 AM INDONESIA
GDP Growth Rate YoY
Q4 2013 5.72% 5.62% 5.3% 5.71%
2014-05-05 05:00 AM Indonesia
GDP Growth Rate YoY
Q1 2014 5.21% 5.72% 5.6% 5.5%
2014-08-05 05:00 AM Indonesia
GDP Growth Rate YoY
Q2 2014 5.12% 5.22% (R) 5.3% 5.44%
2014-11-05 04:00 AM Indonesia
GDP Growth Rate YoY
Q3 2014 5.12% 5.04%

Indonesia GDP Last Previous Highest Lowest Unit
GDP 868.35 878.04 878.04 5.98 USD Billion [+]
GDP Growth Rate 2.47 0.97 3.82 -3.57 Percent [+]
GDP Annual Growth Rate 5.12 5.22 7.16 1.56 Percent [+]
GDP Constant Prices 724126.70 706666.50 724126.70 340865.20 IDR Billion [+]
Gross National Product 694164.00 677886.00 694164.00 317687.50 IDR Billion [+]
GDP per capita 1810.31 1732.18 1810.31 275.78 USD [+]
Gross Fixed Capital Formation 178284.00 170422.60 180500.00 63970.10 IDR Billion [+]
GDP per capita PPP 9254.42 8855.01 9254.42 4295.26 USD [+]