Indonesia GDP Annual Growth Rate 2000-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Indonesia expanded 5.01 percent in the fourth quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Indonesia averaged 5.40 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 4.92 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 Wednesday, April 1, 2015.


Indonesia GDP Grows 5.01% in Q4


The Indonesian economy expanded 5.01 percent year-on-year in the fourth quarter of 2014, slightly up from a revised 4.92 percent increase in the previous period and above market expectations. Yet, considering full 2014, the GDP expanded at its slowest pace in five years, hurt by a slowdown in private and public spending and lower exports.

Considering 2010 as the new base year, exports fell 4.53 percent yoy in the last three months of 2014, following a 0.7 percent decline in the third quarter, while imports rose 3.22 percent, rebounding from a 3.63 percent fall in the July to September period. Government spending expanded 2.83 percent after registering a 4.37 percent decline in the previous three months. Private consumption grew 5.01 percent, slowing from a 5.44 percent growth in the preceding period and gross fixed capital formation grew 4.27 percent from a 4.02 percent expansion in the third quarter. In contrast, non-profit institutions serving household spending shrank 0.23 percent.

On the production side, finance service and insurance recorded the highest annual growth rate of 10.20 percent, followed by the information and communication sector (+10.03 percent); the company services (+9.69 percent); other service (+8.37 percent); construction (+7.67 percent); transport and warehouse (+7.15 percent);  governance administration, defense and mandatory social security (+6.86 percent);education service (+7.13 percent), gas and electricity (+6.50 percent), health service and social activities (+6.09 percent), real estate (+5.30 percent); accommodation and food and beverages (+4.86 percent); processing industry (+4.24 percent); wholesale and retail trading, bicycle and car reparation (+3.46 percent); water supply, waste handling and recycling (+2.65 percent);agriculture (+2.77 percent) and  mining & quarrying (+2.22 percent)

On a quarter-on-quarter basis, the economy shrank 2.06 percent, following a revised 3.16 percent increase in the previous quarter. Private consumption rose 0.03 percent (3.67 percent in the third quarter). Goverment consumption accelerated 43.28  percent, after a 4.74 percent growth in the preceding period; non-profit institutions serving households spending rose 1.46 percent and investment grew 2.99 percent from a 2.47 percent expansion in the July to September quarter. Exports advanced 4.32 percent, accelerating significantly from a 0.59 percent growth in the previous period, while imports rose 8.17 percent, following a 5.28 percent growth in the earlier period.

For full 2014, Indonesia's economy grew 5.02 percent, compared to a 5.58 percent expansion in the previous year. Exports recorded the lowest increase (1.02 percent), followed by government spending (1.98 percent) and imports (2.19 percent). Private consumption expanded 5.14 percent afd investment grew 4.12 percent. 

Statistics Indonesia l Rida Husna l rida@tradingeconomics.com
2/5/2015 9:50:30 AM


Recent Releases

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. Published on 2014-11-05

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. Published on 2014-08-05


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-08-05 05:00 AM
GDP Growth Rate YoY  Q2
5.12% 5.22% (R) 5.3% 5.44%
2014-11-05 04:00 AM
GDP Growth Rate YoY  Q3
5.01% 5.12% 5.10% 5.04%
2015-02-05 04:00 AM
GDP Growth Rate YoY  Q4
5.01% 4.92% (R) 4.95% 4.78%
2015-05-05 05:00 AM
GDP Growth Rate YoY  Q1
5.01% 4.66%
2015-08-05 05:00 AM
GDP Growth Rate YoY  Q2
4.57%
2015-11-05 04:00 AM
GDP Growth Rate YoY  Q3
4.71%


Indonesia GDP Last Previous Highest Lowest Unit
GDP 868.35 878.04 878.04 5.98 USD Billion [+]
GDP Growth Rate -2.06 3.16 3.82 -3.57 percent [+]
GDP Annual Growth Rate 5.01 4.92 7.16 1.56 percent [+]
GDP Constant Prices 2161458.30 2206874.60 2206874.60 340865.20 IDR Billion [+]
Gross National Product 701250.16 714387.33 714387.33 317687.50 IDR Billion [+]
GDP per capita 1810.31 1732.18 1810.31 275.78 USD [+]
Gross Fixed Capital Formation 723197.31 702172.70 723197.31 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 2.50 Nov/14 2.70 9.00 -3.40 percent [+]
Brazil -0.20 Nov/14 -0.60 10.10 -3.15 percent [+]
Canada 2.63 Nov/14 2.75 8.80 -3.70 percent [+]
China 7.30 Nov/14 7.30 14.20 3.80 percent [+]
Euro Area 0.90 Nov/14 0.80 5.00 -5.50 percent [+]
France 0.24 Nov/14 0.41 12.50 -3.92 percent [+]
Germany 1.60 Nov/14 1.20 5.20 -6.80 percent [+]
India 7.50 Nov/14 8.20 11.40 -5.20 percent [+]
Indonesia 5.01 Nov/14 4.92 7.16 1.56 percent [+]
Italy -0.50 Nov/14 -0.50 10.30 -6.90 percent [+]
Japan -0.80 Nov/14 -1.40 9.40 -9.40 percent [+]
Mexico 2.60 Nov/14 2.20 8.50 -8.10 percent [+]
Netherlands 1.40 Nov/14 1.00 5.80 -4.40 percent [+]
Russia 0.70 Aug/14 0.80 12.10 -11.20 percent [+]
South Korea 2.70 Nov/14 3.20 18.20 -7.30 percent [+]
Spain 2.50 Feb/15 2.00 5.80 -4.40 percent [+]
Switzerland 1.90 Nov/14 1.90 7.30 -3.70 percent [+]
Turkey 2.60 Nov/14 1.90 12.60 -14.70 percent [+]
United Kingdom 3.00 Nov/14 2.80 9.80 -5.80 percent [+]
United States 2.40 Nov/14 2.70 13.40 -4.10 percent [+]