Indonesia current account to gdp

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Indonesia current account to gdp: -0.3 (-130%)
Last Update: December 31, 2023

Indonesia current account to gdp closed down -0.3 as of December 31, 2023 from 1 from the previous month and -2.8 from last year.


Indonesia current account to gdp Analytics & Data




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Indonesia current account to gdp

DateValues
2023-12-31 -0.3
2022-12-31 1
2021-12-31 0.3
2020-12-31 -0.44
2019-12-31 -2.7
2019-01-31 -2.98
2018-12-31 -3
2017-12-31 -1.6
2016-12-31 -1.8
2015-12-31 -2
2014-12-31 -3.09
2013-12-31 -3.2
2012-12-31 -2.8
2011-12-31 0.2
2010-12-31 0.7
2009-12-31 2
2008-12-31 0
2007-12-31 2.4
2006-12-31 3
2005-12-31 0.1
2004-12-31 0.6
2003-12-31 3.5
2002-12-31 4
2001-12-31 4.3

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Indonesia current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpid.currentaccountgdp-0.31-130-89UPUP02023-12-31

Indonesia current account to gdp Factors

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Indonesia current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Indonesia current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Indonesia current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Indonesia current account to gdp

The current account to GDP ratio in Indonesia is a measure of the country's economic health and its ability to trade with other nations. This ratio shows the balance between the country's exports and imports, as well as income from abroad and payments to foreign entities. A positive current account to GDP ratio indicates that a country is exporting more than it is importing, which can be a sign of a strong economy. Conversely, a negative ratio may indicate that a country is importing more than it is exporting, which can lead to a trade deficit and potential economic challenges. Monitoring and managing the current account to GDP ratio is important for policymakers in Indonesia to ensure a stable and sustainable economy.