Indonesia current account

Indonesia current account: -2161 (92.88%)
Last Update: March 31, 2024

Indonesia current account closed down -2161 as of March 31, 2024 from -1120.4 from the previous month and -1929 from last year.

Indonesia current account Analytics & Data

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Indonesia current account

2024-03-31 -2161
2023-12-31 -1120.4
2023-09-30 -1039
2023-06-30 -2247
2023-03-31 3009
2022-12-31 3745
2022-09-30 4547
2022-06-30 3849.1
2022-05-20 221
2022-03-31 550
2021-12-31 1510
2021-09-30 4953
2021-06-30 -1929
2021-03-31 -1095
2020-12-31 847
2020-09-30 1003
2020-06-30 -2896.2
2020-03-31 -3749.4
2019-12-31 -8095.9
2019-09-30 -7491.4
2019-06-30 -8208.3
2019-03-31 -6580.4
2018-12-31 -9531.2
2018-09-30 -8380.3

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Indonesia current account Statistics

current accountid.currentaccount-2161.0-1120.49312DownDown782024-03-31

Indonesia current account Factors

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Indonesia current account Historical Data

The MacroVar database offers free access to historical data for the Indonesia current account, 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 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Indonesia current account

The current account of Indonesia refers to the balance of trade between the country and the rest of the world. It includes the trade of goods and services, as well as income and transfers. A positive current account means that Indonesia is exporting more than it is importing, leading to a surplus. This can be beneficial for the economy as it brings in foreign exchange and boosts economic growth. On the other hand, a negative current account indicates that Indonesia is importing more than it is exporting, resulting in a deficit. This can put pressure on the country's currency and lead to a decrease in foreign reserves. Monitoring and managing the current account is important for Indonesia to maintain a stable and sustainable economy.