• USD/IDR13.935
  • EMAS714.000 1,28%
  • RD.SAHAM 0.53%
  • RD.CAMPURAN 0.27%

Current account deficit recorded at 2.98 percent of GDP in 2018

Senin, 11 Februari 2019 / 23:03 WIB

Current account deficit recorded at 2.98 percent of GDP in 2018
ILUSTRASI. Kantor pusat Bank Indonesia

KONTAN.CO.ID - JAKARTA. Bank Indonesia has announced that the current account deficit increased to US$31.1 billion, 2.98 percent of gross domestic product (GDP), in 2018 from the previous year, which stood at $17.29 billion, 1.7 percent of GDP.

“The current account deficit was still within safe limits, amounting to $31.1 billion or 2.98 percent of GDP,” said BI spokesman Agusman over the weekend in a statement.

The current account deficit saw a jump in the fourth quarter of 2018 at $9.1 billion (3.57 percent of GDP), higher than the deficit in the previous quarter of $8.6 billion, 3.28 percent of GDP, said Agusman.

“The increase in the current account deficit was affected by a decline in non-oil and gas trade, owing to high imports in line with domestic demand, which was still strong amid limited export performance,” he added.

However, a surplus of US$5.4 billion was recorded in balance of payments in the fourth quarter of 2018 after suffering from deficits in previous quarters, according to the central bank.

Agusman said the surplus was supported by an increase in the capital and financial account surplus, which reflected strong investor confidence.

“The capital and financial account surplus was recorded at $15.7 billion, a significant increase from the surplus in the previous quarter of $3.9 billion,” he said.

He said the increase was mainly supported by improved portfolio investment performance, in line with a surge in foreign capital inflows. 

“The surplus increase was also supported by the global bond issuances by government and corporations,” he said.

Sumber : The Jakarta Post
Editor: Wahyu Rahmawati
Video Pilihan

Hubungi Kami
Redaksi : Gedung KONTAN,
Jalan Kebayoran Lama No. 1119 Jakarta 12210.
021 5357636/5328134
Iklan : Gedung KOMPAS GRAMEDIA Unit 2
Lt 2 Jl. Palmerah selatan 22-28
Jakarta Selatan 10740.
021 53679909/5483008 ext 7304,7306
2019 © Kontan.co.id All rights reserved
Sitemap | Redaksi | Term of Use | Pedoman Pemberitaan Media Siber | Privacy Policy

diagnostic_api_kiri = 0.0011 || diagnostic_api_kanan = 0.0616 || diagnostic_web = 0.3011

Close [X]