Indonesia recorded a Current Account deficit of 0.30 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Indonesia averaged -0.66 percent of GDP from 1980 until 2023, reaching an all time high of 4.80 percent of GDP in 2000 and a record low of -6.80 percent of GDP in 1983. source: Bank Indonesia
Current Account to GDP in Indonesia is expected to reach -0.60 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Current Account to GDP is projected to trend around -1.00 percent of GDP in 2025, according to our econometric models.