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INDONESIA: Current Account Narrows.

INDONESIA
EM BulletBulletIndonesiaAPACEmerging Market News
  • Indonesia’s current account deficit narrowed in the third quarter, ahead of economists’ forecasts.
  • The deficit of US$2.15bn was significantly below economists’ estimates of US$2.948bn.     
  • Indonesia third quarter balance of payments surplus of US$5.9bn.
  • The second quarter deficit was revised down to US$3.2bn.
  • As a percentage of GDP, the current account percentage sits at 0.60%, an improvement from the second quarter. 
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  • Indonesia’s current account deficit narrowed in the third quarter, ahead of economists’ forecasts.
  • The deficit of US$2.15bn was significantly below economists’ estimates of US$2.948bn.     
  • Indonesia third quarter balance of payments surplus of US$5.9bn.
  • The second quarter deficit was revised down to US$3.2bn.
  • As a percentage of GDP, the current account percentage sits at 0.60%, an improvement from the second quarter.