Indonesia GDP Annual Growth Rate 2000-2017 | Data | Chart | Calendar

The Indonesian economy advanced 5.06 percent year-on-year in the third quarter of 2017, following a 5.01 percent growth in the previous two periods but missing market expectations of 5.13 percent. The expansion was driven by a rebound in government spending while fixed investment and private consumption continued to increase firmly and net trade contributed positively to growth. GDP Annual Growth Rate in Indonesia averaged 5.28 percent from 2000 until 2017, 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.

Indonesia GDP Annual Growth Rate
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Indonesia Q3 GDP Annual Growth Rate Below Expectations


The Indonesian economy advanced 5.06 percent year-on-year in the third quarter of 2017, following a 5.01 percent growth in the previous two periods but missing market expectations of 5.13 percent. The expansion was driven by a rebound in government spending while fixed investment and private consumption continued to increase firmly and net trade contributed positively to growth.

On the expenditure side, government spending went up 3.46 percent, rebounding from a 1.93 percent decline in the preceding three months. Fixed investment grew 7.11 percent, faster than a 5.35 percent in Q2 and private consumption rose 4.93 percent, compared with 4.95 percent in Q2. In addition, exports went up 17.27 percent (3.36 percent in Q2) while imports increased at a softer 15.09 percent (0.55 percent in Q2).

On the production side, output expanded more than in the preceding quarter for: Manufacturing (4.84 percent from 3.54 percent in Q2); water and waste management (4.83 percent from 3.67 percent); construction (7.13 percent from 6.96 percent); wholesale and retail trade (5.50 percent from 3.78 percent); finance and insurance (6.44 percent from 5.94 percent); business services (9.24 percent from 8.14 percent); education (3.70 percent from 0.90 percent); healthcare (7.44 percent from 6.40 percent) and other services (9.45 percent from 8.63 percent). Also, output rebounded for: electricity and gas (4.88 percent from -2.53 percent) and government administration (0.43 percent from -0.03 percent). Meantime, output grew at a slower pace for: Agriculture (2.92 percent from 3.33 percent in Q2); mining and quarrying (1.76 percent from 2.24 percent); transport and storage (8.27 percent from 8.37 percent); hotel and restaurant (4.96 percent from 5.07 percent); information and communication (9.35 percent from 10.88 percent) and real estate (3.64 percent from 3.86 percent).

The government is targeting economic growth of 5.2 percent this year, while the central bank has forecast a range of 5.0-5.4 percent.

Statistics Indonesia l Chusnul Ch Manan|
11/6/2017 11:20:55 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-05-05 02:30 AM GDP Growth Rate YoY 5.01% 4.94% 5% 5%
2017-08-07 04:00 AM GDP Growth Rate YoY 5.01% 5.01% 5.1% 5.2%
2017-11-06 04:00 AM GDP Growth Rate YoY 5.06% 5.01% 5.13% 5.1%
2018-02-06 04:00 AM GDP Growth Rate YoY
2018-02-06 04:00 AM Full Year GDP Growth
2018-05-07 02:30 AM GDP Growth Rate YoY


Indonesia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.18 4.00 4.01 -3.57 percent [+]
GDP Annual Growth Rate 5.06 5.01 7.16 1.56 percent [+]
GDP 932.26 861.26 932.26 5.98 USD Billion [+]
GDP Constant Prices 2551468.60 2472771.40 2551468.60 340865.20 IDR Billion [+]
Gross Fixed Capital Formation 823779.56 782698.70 823779.56 63970.10 IDR Billion [+]
GDP per capita 3974.10 3827.50 3974.10 656.70 USD [+]
GDP per capita PPP 10764.50 10367.70 10764.50 4625.40 USD [+]
GDP From Agriculture 34650.00 33240.00 87304.50 30650.00 IDR Billion [+]
GDP From Construction 251500.00 239800.00 251500.00 149919.00 IDR Billion [+]
GDP From Manufacturing 536500.00 525100.00 536500.00 371813.30 IDR Billion [+]
GDP From Mining 195600.00 195500.00 205685.00 171254.70 IDR Billion [+]
GDP From Services 43801.80 42695.30 43801.80 23736.80 IDR Billion [+]
GDP From Utilities 34121.90 32577.10 34121.90 14032.20 IDR Billion [+]


Indonesia GDP Annual Growth Rate

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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.06 5.01 7.16 1.56 2000 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17