Indonesia GDP Annual Growth Rate  2000-2016 | Data | Chart | Calendar

The Indonesian economy advanced 5.04 percent year-on-year in the December quarter of 2015, as compared to an upwardly revised 4.74 percent expansion reported in the previous quarter and beating market consensus of a 4.80 percent growth. A faster increase in government spending and investment offset a slowdown in private consumption and a further decline in exports. Considering full year of 2015, the GDP grew by 4.79 percent, fractionally above expectations of 4.75 percent expansion but marking the fifth consecutive year of slowing growth. On a quarter-on-quarter basis, the economy shrank 1.83 percent, following an upwardly revised 3.36 percent growth in the September quarter. GDP Annual Growth Rate in Indonesia averaged 5.36 percent from 2000 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
5.04 4.73 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. Indonesia GDP Annual 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)
2015-11-05 04:00 AM Q3 4.73% 4.67% 4.79% 4.75%
2016-02-05 02:00 AM Q4 5.04% 4.74% 4.8% 4.91%
2016-02-05 02:00 AM 2015 4.79% 5.06% 4.75% 4.75%
2016-05-09 04:00 AM Q1 5.04% 4.9%
2016-08-05 04:00 AM Q2 4.8%
2016-11-07 04:00 AM Q3 4.9%

Indonesia GDP Grows 5.04% YoY in Q4, Above Expectations


The Indonesian economy advanced 5.04 percent year-on-year in the December quarter of 2015, as compared to an upwardly revised 4.74 percent expansion reported in the previous quarter and beating market consensus of a 4.80 percent growth. A faster increase in government spending and investment offset a slowdown in private consumption and a decline in exports.

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

In the fourth quarter, private consumption expanded by 4.92 percent year-on-year, following a 4.96 percent growth in the preceding quarter. Government spending rose by 7.31 percent, accelerating from  a 6.56 percent expansion in the September quarter. Gross fixed capital formation also grew by 6.90 percent, up from a 4.62 percent rise in the previous three months. Private non-profit expenditure expanded by 8.32 percent, as compared to a 6.39 percent growth in the preceding quarter. In contrast, exports fell 6.44 percent, following a 0.69 percent decline in the third quarter. Imports  also dropped by 8.05 percent, after registering a 6.11 percent contraction in the three months to September.

On the production side, mining and quarrying sector contracted by 7.91 percent year-on-year, following a 5.64 percent drop in the third quarter. In contrast, finance & insurance sector recorded the highest annual growth rate of 12.52 percent, followed by information and communication (+9.74 percent); construction (+8.24 percent), other services (+8.15 percent), business services (+8.13 percent), transport & storage (+7.67 percent), healthcare (+7.44 percent), water ann waste management (+6.77 percent), social services (+6.70 percent), hotel and restaurants (+5.79 percent), education (+5.32 percent), percent), manufacturing (+4.35 percent),  real estate (+4.25 percent), wholesale and retai; trade (+2.77 percent), electricity and gas (+1.81 percent) and agriculture (+1.57 percent).

On a quarter-on-quarter basis, the economy shrank 1.83 percent, following an upwardly revised 3.36 percent growth in the September quarter. 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.

Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
2/5/2016 4:01:03 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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Euro Area 1.60 Mar/16
Netherlands 1.60 Dec/15
Belgium 1.50 Mar/16
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Chile 1.30 Dec/15
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Portugal 1.30 Dec/15
Bahamas 1.20 Dec/15
Serbia 1.20 Dec/15
Paraguay 1.10 Dec/15
Italy 1.00 Dec/15
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Argentina 0.90 Dec/15
Estonia 0.70 Dec/15
Japan 0.70 Dec/15
Belize 0.60 Dec/15
Finland 0.60 Dec/15
Iran 0.60 Mar/15
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Canada 0.50 Dec/15
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