Indonesia - Net Exports




Indonesia: Net Exports

Mnemonic NETEX.IIDN
Unit Bil. IDR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 2078.81 %
Data 2020 Q3 103,697
2020 Q2 4,759

Series Information

Source Statistics Indonesia of the Republic of Indonesia
Release GDP
Frequency Quarterly
Start Date 3/31/1990
End Date 9/30/2020

Indonesia: Trade

Reference Last Previous Units Frequency
Balance of Goods Oct 2020 3,606 2,390 Mil. USD, NSA Monthly
Exports of Goods Oct 2020 14,391 13,960 Mil. USD, NSA Monthly
Imports of Goods Oct 2020 10,785 11,570 Mil. USD, NSA Monthly
Exports of Goods and Services 2020 Q3 680,233 577,076 Bil. IDR, NSA Quarterly
Imports of Goods and Services 2020 Q3 576,536 572,317 Bil. IDR, NSA Quarterly
Net Exports 2020 Q3 103,697 4,759 Bil. IDR, NSA Quarterly
Real Exports of Goods and Services 2020 Q3 534,138 476,316 Bil. 2010 IDR, NSA Quarterly
Real Imports of Goods and Services 2020 Q3 405,797 406,108 Bil. 2010 IDR, NSA Quarterly
Real Net Exports 2020 Q3 128,341 70,207 Bil. 2010 IDR, NSA Quarterly
Current Account Balance 2020 Q2 -2,943 -3,690 Mil. US$, NSA Quarterly

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:

  1. 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:
    1. Agriculture, Livestock, Forestry and Fisheries
    2. Mining and Quarrying
    3. Processing Industry
    4. Electricity, Gas and Water
    5. Construction
    6. Trade, Hotels and Restaurants
    7. Transportation and Communication
    8. Finance, Real Estate and Business Services
    9. Services, including services provided by government. Each sector is further divided into sub-sectors.
  2. 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).
  3. According to the expenditure approach: GDP are all components of the final demand that consists of:
    1. Consumption expenditure of households and non-profit private institutions
    2. Government consumption expenditure
    3. Gross domestic fixed capital formation
    4. Changes in inventories
    5. Net exports (exports minus net exports are imported)

These different approaches should produce similar data.

Further reading

At the IMF:



Key Indicators for Indonesia
  •    GDP
  • Latest: -3.49% for Jul. 2020
  • Previous: -5.3% for Apr. 2020
  • Next Release: Feb 04, 2021