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

The Indonesian economy expanded by 4.92 percent year-on-year in the first quarter of 2016, as compared to a 5.04 percent growth in the December quarter 2015 and below market consensus of a 5.05 percent expansion. On a quarterly basis, the economy shrank 0.34 percent, following a 1.83 percent contraction in the previous three months. GDP Annual Growth Rate in Indonesia averaged 5.35 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. 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
4.92 5.04 7.16 1.56 2000 - 2016 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)
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%
2016-05-04 04:00 AM Q1 4.92% 5.04% 5.05% 4.9%
2016-08-05 04:00 AM Q2 4.92% 4.8%
2016-11-07 04:00 AM Q3 4.9%

Indonesia GDP Grows 4.92% YoY in Q1, Less Than Expected


The Indonesian economy expanded by 4.92 percent year-on-year in the first quarter of 2016, compared to a 5.04 percent growth in the previous period. Figures came below market consensus of a 5.05 percent expansion as total investment and government spending slowed.

In the first quarter, private consumption advanced 4.94 percent year-on-year, following a 4.92 percent growth in the preceding quarter. Government spending rose by 2.93 percent, slowing from  a 7.32 percent expansion in the December quarter. Gross fixed capital formation also grew by 5.57 percent, down from a 6.90 percent rise in the previous three months. Private non-profit expenditure expanded by 6.38 percent, as compared to a 8.32 percent growth in the preceding quarter. In contrast, exports fell by 3.88 percent, following a 6.44 percent decline in the fourth quarter. Imports  also dropped by 4.24 percent, after registering a 8.05 percent contraction in the three months to December.

On the production side, mining and quarrying sector contracted by 0.66 percent year-on-year, following a 7.91 percent drop in the fourth quarter. In contrast, finance & insurance sector recorded the highest annual growth rate of 9.10 percent, followed by healthcare (+8.52 percent), information and communication (+8.28 percent); business services (+8.14 percent), other services (+7.92 percent), construction (+7.87 percent), transport and storage (+7.73 percent), electricity and gas (+7.50 percent), hotel and restaurants (+5.62 percent), education (+5.26 percent), social services (+4.94 percent), real estate (+4.87 percent), water and waste management (+4.84 percent), manufacturing (+4.59 percent), wholesale and retail trade (+4.04 percent) and agriculture (+1.85 percent).

On a quarter-on-quarter basis, the economy shrank 0.34 percent, following a 1.83 percent contraction in the December quarter. Private consumption grew 0.17 percent, following a 0.01 percent rise in the December quarter. Government spending contracted by 49.45 percent, reversing from a 41.30 percent expansion in the preceding quarter. Private non-profit spending dropped by 2.91 percent, after expanding 2.75  percent in the previous three months. Investment  shrank 5.75 percent, as compared to a 5.01 percent growth in the fourth quarter. Exports fell by 3.44 percent from a 1.85 percent drop while imports also declined by 6.24 percent, after gaining 5.70 percent in the fourth quarter.

Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
5/4/2016 2:36:33 PM

Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.34 -1.83 3.83 -3.57 percent [+]
GDP Annual Growth Rate 4.92 5.04 7.16 1.56 percent [+]
GDP 888.54 910.48 917.87 5.98 USD Billion [+]
GDP Constant Prices 2262639.50 2270356.60 2311200.00 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.52 IDR Billion [+]
Gross Fixed Capital Formation 730135.71 774642.21 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 78347.40 38951.60 87304.50 37282.50 IDR Billion [+]
GDP From Construction 223019.40 237932.30 237932.30 149919.00 IDR Billion [+]
GDP From Manufacturing 489539.60 490969.70 490969.70 371813.30 IDR Billion [+]
GDP From Mining 188993.00 189498.60 205408.50 171254.70 IDR Billion [+]
GDP From Services 38997.40 38139.40 38997.40 23736.80 IDR Billion [+]
GDP From Utilities 26453.20 27634.10 27634.10 14032.20 IDR Billion [+]




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Czech Republic 3.10 Mar/16
Mongolia 3.10 Mar/16
Australia 3.00 Dec/15
Guyana 3.00 Dec/15
Luxembourg 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Georgia 2.90 Dec/15
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Bahrain 2.80 Dec/15
Cyprus 2.70 Mar/16
South Korea 2.70 Mar/16
Sudan 2.70 Dec/14
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Jordan 2.60 Dec/15
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United Kingdom 2.00 Mar/16
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Belgium 1.50 Mar/16
Euro Area 1.50 Mar/16
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Netherlands 1.40 Mar/16
Austria 1.30 Mar/16
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Paraguay 1.10 Dec/15
Finland 1.00 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Tunisia 1.00 Mar/16
Argentina 0.90 Dec/15
Hungary 0.90 Mar/16
Hong Kong 0.80 Mar/16
Portugal 0.80 Mar/16
Japan 0.70 Dec/15
Norway 0.70 Mar/16
Belize 0.60 Dec/15
Iran 0.60 Mar/15
South Africa 0.60 Dec/15
Canada 0.50 Dec/15
Denmark 0.50 Dec/15
Switzerland 0.40 Dec/15
Eritrea 0.30 Dec/15
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New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Guinea 0.10 Dec/15
Ukraine 0.10 Mar/16
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