Current Account Deficit Improves In 2Q, And Surplus In Balance of Payments Returns

Economic Research	15 August 2016
Indonesia
Economic Highlights
Current Account Deficit Improves In 2Q, And Surplus In Balance of Payments Returns Indonesia’s current account deficit (CAD) in the balance of payments (BOP) decreased to USD4.7bn or 2.0% of GDP in 2Q, from a revised -USD4.8bn or -2.2% of GDP in 1Q (-USD5.1bn or -2.4% GDP in 4Q). This was due to a larger trade surplus in the goods account, in line with increasing surplus in oil & gas trade. Higher deficit in the services account, however, partly offset the improvement. Economist:  Rizki Fajar| +6221 2970 7065
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