JAKARTA, May 22 (Reuters) - Indonesia booked a current account deficit of $4 billion in the first quarter of 2026, equal to 1.09% of gross domestic product, Bank Indonesia said on Friday.
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The deficit widened from $2.5 billion in the fourth quarter of 2025, the central bank said in a statement.
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The deficit was driven by the non-oil and gas trade balance which continued to record a surplus, along with direct investment and rising dividend and coupon payments by companies, the central bank said.
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The balance of payments in the first quarter of 2026 stood at $9.1 billion, compared with $6.1 billion in the fourth quarter of 2025.
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Bank Indonesia expects the current account deficit to be between 1.3% and 0.5% of GDP in 2026.
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Indonesia's current account deficit in 2025 stood at $1.5 billion, equivalent to 0.1% of GDP.
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The Southeast Asian country recorded a $7.8 billion deficit in its balance of payments for 2025.
Reporting by Ananda Teresia; Editing by David Stanway
Source: Reuters