Indonesia - Current Account Balance





Indonesia: Current Account Balance

Mnemonic TAB.IIDN
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 24.24 %
Data 2023 Q4 -1,290
2023 Q3 -1,038

Series Information

Source Bank Indonesia
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1981
End Date 12/31/2023

Indonesia: Trade

Reference Last Previous Units Frequency
Balance of Goods Feb 2024 867 1,999 Mil. USD, NSA Monthly
Exports of Goods Feb 2024 19,307 20,494 Mil. USD, NSA Monthly
Imports of Goods Feb 2024 18,440 18,494 Mil. USD, NSA Monthly
Current Account Balance 2023 Q4 -1,290 -1,038 Mil. USD, NSA Quarterly
Exports of Goods and Services 2023 Q4 1,198,673 1,128,275 Bil. IDR, NSA Quarterly
Imports of Goods and Services 2023 Q4 1,077,553 1,031,243 Bil. IDR, NSA Quarterly
Net Exports 2023 Q4 121,120 97,032 Bil. IDR, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 770,067 728,178 Bil. 2010 IDR, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 624,846 599,024 Bil. 2010 IDR, NSA Quarterly
Real Net Exports 2023 Q4 145,221 129,154 Bil. 2010 IDR, NSA Quarterly

Release Information

For Indonesia, detailed presentation of the quarterly balance of payments.

The balance of payments is a measure of the payments that flow from one country to another. It is determined by a country's exports and imports of goods, services, and financial capital, as well financial transfers.

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start dates (as reported):
    • 1990Q1
    • 1997Q1
    • 2001Q1
    • 2010Q1

The source writes:

Commodity Coverage

All goods are included except the following : Clothes and jewelry of passengers. Luggage of passengers of own use, except refrigerators, television sets, etc. Goods exported/imported for the use of countries representative (embassies). Goods for expeditions and exhibition shows. A part of the goods directly exported/imported by armed forces. Packing containers to be refilled. Bank notes and securities. Sample goods.

Trade System

Export statistics are based on General Trade System which covers all Indonesian geographical areas. Import statistics are based on Special Trade System which covers all Indonesian geographical areas excluding Free Trade Zone which is treated as Foreign trade.

Valuation

Export refers to Free On Board (FOB) value. Import refers to Cost Insurance and Freight (CIF) value [September 2022: imports are now valued FOB]. Both are stated in US Dollars (USD)

Quantity Measurement

All quantities are stated in net weight Kilograms.

Partner

Country of destination is the country known at the time of dispatch to be the final country where goods are to be delivered. Country of origin is the country in which the goods have been produced, after being verified by the Custom and Excise Offices, pursuant to the prevailing regulations.

Source of Data

All data compiled are based on documents of export-import declaration issued by Custom and Excise Offices.

Method of Collection

Data obtained are based on complete enumeration, and received from Custom and Excise Offices (Kantor Pelayanan Bea dan Cukai) located across the country.

Moody's Analytics supplements

We back-extend the current account balance, 1981Q1 to 1989Q1. We construct a seasonally adjusted counterpart.

Yes. Data are revised each quarter when new data becomes available.

  • Sep 2005 - Initial version.
  • 18 Dec 2023, Phillip Thorne - Addendum.