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

The Indonesian economy expanded by 5.18 percent year-on-year in the second quarter of 2016, as compared to a downwardly revised 4.91 percent growth in the March quarter and above market consensus of a 5 percent expansion. It was the strongest growth rate since the fourth quarter 2013, driven by a faster increase in private consumption and government spending while investment eased and exports fell at a slower pace. 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
5.18 4.91 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 September 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%
2016-05-04 04:00 AM Q1 4.92% 5.04% 5.05% 4.9%
2016-08-05 02:00 AM Q2 5.18% 4.91% 5.0% 4.9%
2016-11-07 04:00 AM Q3 5.18% 5.0%

Indonesia GDP Growth Strongest in 2-1/2-Years in Q2


The Indonesian economy expanded by 5.18 percent year-on-year in the second quarter of 2016, compared to a downwardly revised 4.91 percent growth in the previous period. It was the strongest growth since the December quarter 2013, driven by a faster increase in private consumption and government spending while investment eased and exports fell at a slower pace.

In the June quarter, private consumption advanced 5.04 percent year-on-year, following a 4.94 percent growth in the preceding quarter. Government spending rose 6.28 percent, faster than a 2.93 percent expansion in the March quarter. Gross fixed capital formation also grew by 5.06 percent, slowing from a 5.57 percent rise in the previous three months. Private non-profit expenditure expanded by 6.72 percent, as compared to a 6.38 percent growth in the preceding quarter. In contrast, exports fell by 2.73 percent, slower than a 3.88 percent decline in the first quarter. Imports shrank 3.01 percent, after registering a 4.24 percent contraction in the three months to March.

On the production side, mining and quarrying sector contracted by 0.72 percent year-on-year, following a 0.66 percent drop in the first quarter. In contrast, finance & insurance sector recorded the highest annual growth rate of 13.51 percent, followed by information and communication (+8.47 percent), other services (+7.88 percent), business services (+7.57 percent), transport & storage (+6.81 percent), healthcare (+6.59 percent), electricity and gas (+6.24 percent), construction (+6.21 percent), education (+5.58 percent), hotel and restaurant (+4.92 percent), manufacturing (+4.74 percent), social services (+4.74 percent), real estate (+4.46 percent), wholesale and retail trade (+4.07 percent), water and waste management (+3.31 percent) and agriculture (+3.23 percent). 

On a quarterly basis, the economy grew 4.02 percent, following an upwardly revised 0.36 percent contraction in the previous three months and beating estimates of a 3.79 percent expansion.  It was the first growth since the September quarter 2015. Private consumption grew 1.28 percent, following a 0.16 percent rise in the March quarter. Government spending expanded  by 36.16 percent, reversing from a 49.44 percent expansion in the preceding quarter. Private non-profit spending advanced  2.53 percent, after falling 2.89  percent in the previous three months. Investment  rose 2.55 percent, as compared to a 5.75 percent contraction in the first quarter. Exports went up by 2.29 percent from a 3.09 percent drop. Imports rose  3.05 percent, after declining 7.05 percent in the March quarter.

From January to June 2016, the economy grew by 5.04 percent, faster than a 4.70 percent expansion in the same period a year earlier.


Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
8/5/2016 4:59:23 AM

Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.02 -0.36 4.02 -3.57 percent [+]
GDP Annual Growth Rate 5.18 4.91 7.16 1.56 percent [+]
GDP 861.93 890.49 917.87 5.98 USD Billion [+]
GDP Constant Prices 2353207.60 2262639.50 2353207.60 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.52 IDR Billion [+]
Gross Fixed Capital Formation 748736.19 730135.71 774642.21 63970.10 IDR Billion [+]
GDP per capita 3834.06 3703.37 3834.06 549.48 USD [+]
GDP per capita PPP 10385.30 10031.30 10385.30 4477.30 USD [+]
GDP From Agriculture 81275.20 78347.40 87304.50 37282.50 IDR Billion [+]
GDP From Construction 226482.10 223019.40 237932.30 149919.00 IDR Billion [+]
GDP From Manufacturing 507494.50 489539.60 507494.50 371813.30 IDR Billion [+]
GDP From Mining 185213.30 188993.00 205408.50 171254.70 IDR Billion [+]
GDP From Services 39480.40 38997.40 39480.40 23736.80 IDR Billion [+]
GDP From Utilities 28911.60 26453.20 28911.60 14032.20 IDR Billion [+]




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Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Malta 3.00 Jun/16
Israel 2.90 Jun/16
Malawi 2.90 Dec/15
Botswana 2.80 Mar/16
Croatia 2.80 Jun/16
Guatemala 2.80 Mar/16
Cyprus 2.70 Jun/16
Slovenia 2.70 Jun/16
Czech Republic 2.60 Jun/16
Hungary 2.60 Jun/16
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Bahrain 2.50 Jun/16
El Salvador 2.50 Mar/16
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Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Mar/16
Latvia 2.10 Jun/16
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Colombia 2.00 Jun/16
Serbia 2.00 Jun/16
Switzerland 2.00 Jun/16
Lithuania 1.90 Jun/16
European Union 1.80 Jun/16
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Moldova 1.80 Jun/16
Haiti 1.70 Dec/15
Hong Kong 1.70 Jun/16
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Euro Area 1.60 Jun/16
Armenia 1.50 Jun/16
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Suriname 1.50 Dec/15
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Belgium 1.40 Jun/16
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Ukraine 1.40 Jun/16
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France 1.30 Jun/16
New Caledonia 1.30 Dec/14
Austria 1.20 Jun/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
United States 1.20 Jun/16
Montenegro 1.10 Mar/16
Qatar 1.10 Mar/16
Lebanon 1.00 Dec/15
Barbados 0.90 Dec/15
Canada 0.90 Jun/16
Portugal 0.90 Jun/16
Estonia 0.80 Jun/16
Italy 0.80 Jun/16
Jamaica 0.80 Mar/16
Japan 0.80 Jun/16
Nepal 0.77 Dec/15
Taiwan 0.70 Jun/16
Iran 0.60 Mar/15
South Africa 0.60 Jun/16
Denmark 0.40 Jun/16
Finland 0.40 Jun/16
Eritrea 0.30 Dec/15
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Guinea 0.10 Dec/15
Kazakhstan 0.10 Jun/16
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Liechtenstein -0.80 Dec/14
North Korea -1.10 Dec/15
Belarus -1.30 Jun/16
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