Indonesia - Change in Inventories

Indonesia: Change in Inventories

Mnemonic	CIVT.IIDN
Unit	Bil. IDR, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	474.63 %
Data	2022 Q4	-112,727
	2022 Q3	30,090

Series Information

Source	Statistics Indonesia of the Republic of Indonesia
Release	GDP
Frequency	Quarterly
Start Date	3/31/1990
End Date	12/31/2022

Indonesia: Business

	Reference	Last	Previous	Units	Frequency
Business Confidence	2023 Q1	13.66	10.27	weighted net balance Index,NSA	Quarterly
Change in Inventories	2022 Q4	-112,727	30,090	Bil. IDR, NSA	Quarterly
Real Change in Inventories	2022 Q4	-58,692	15,667	Bil. 2010 IDR, NSA	Quarterly
Industrial Production	Sep 2022	155.97	159.29	Index 2010=100, NSA	Monthly

Release Information

Description

The National Accounts statistics is published by Statistics Indonesia. The constant price numbers (in Bil. 2010 IDR), the current price data (in Bil. IDR), as well as a Gross Value Added is present. Gross Value Added is presentation in both constant and current prices.

The latest data is according to SNA 2008 and the industrial classification is KBLI 2009, a derivative of the ISIC Rev. 4.

Methodology

To calculate GDP figures there are three approaches that can be used, namely:

According to the production approach: GDP is the total value added of goods and services produced by various production units in the territory of a country in a given period of time (usually one year). The production units in this publication are grouped into 9 business (sector), namely:

Agriculture, Livestock, Forestry and Fisheries
Mining and Quarrying
Processing Industry
Electricity, Gas and Water
Construction
Trade, Hotels and Restaurants
Transportation and Communication
Finance, Real Estate and Business Services
Services, including services provided by government. Each sector is further divided into sub-sectors.

According to the Income Approach: GDP is the amount of remuneration received by the factors of production that participate in the production process in a country in a given period of time (usually one year). Remuneration of factors of production in question is wages and salaries, rent land, interest and capital gains; everything before the deduction of income tax and other direct taxes. In this definition, GDP includes depreciation and net indirect taxes (indirect taxes less subsidies).
According to the expenditure approach: GDP are all components of the final demand that consists of:

Consumption expenditure of households and non-profit private institutions
Government consumption expenditure
Gross domestic fixed capital formation
Changes in inventories
Net exports (exports minus net exports are imported)

These different approaches should produce similar data.