The Personal Income Tax Rate in Indonesia stands at 30 percent. Personal Income Tax Rate in Indonesia averaged 31.56 percent from 2004 until 2019, reaching an all time high of 35 percent in 2005 and a record low of 30 percent in 2009. In Indonesia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Indonesia. This page provides - Indonesia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of loans in Indonesia increased 7.95 percent in March of 2020 over the same month in the previous year. Loan Growth in Indonesia averaged 20.02 percent from 1981 until 2020, reaching an all time high of 90.50 percent in June of 1998 and a record low of -59.90 percent in June of 1999. In Indonesia, loan growth refers to year over year change in total value of outstanding credits of commercial banks. This page provides the latest reported value for - Indonesia Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cash Reserve Ratio in Indonesia decreased to 3 percent in April from 5 percent in March of 2020. Cash Reserve Ratio in Indonesia averaged 6.91 percent from 2009 until 2020, reaching an all time high of 8 percent in September of 2010 and a record low of 3 percent in April of 2020. This page provides - Indonesia Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Indonesia decreased to 273624.60 IDR Billion in the first quarter of 2020 from 293957.40 IDR Billion in the fourth quarter of 2019. GDP From Construction in Indonesia averaged 216101.23 IDR Billion from 2010 until 2020, reaching an all time high of 293957.40 IDR Billion in the fourth quarter of 2019 and a record low of 149919 IDR Billion in the first quarter of 2010. This page provides the latest reported value for - Indonesia Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Manufacturing in Indonesia decreased to 566753.10 IDR Billion in the first quarter of 2020 from 573467.90 IDR Billion in the fourth quarter of 2019. GDP From Manufacturing in Indonesia averaged 476485.34 IDR Billion from 2010 until 2020, reaching an all time high of 582944.50 IDR Billion in the third quarter of 2019 and a record low of 371813.30 IDR Billion in the first quarter of 2010. This page provides the latest reported value for - Indonesia Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Credit in Indonesia increased to 2534119 IDR Billion in January from 2509568 IDR Billion in December of 2019. Consumer Credit in Indonesia averaged 710142.99 IDR Billion from 1992 until 2020, reaching an all time high of 2534119 IDR Billion in January of 2020 and a record low of 27200 IDR Billion in March of 1993. This page provides the latest reported value for - Indonesia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Deflator in Indonesia increased to 145.12 points in the first quarter of 2020 from 145.09 points in the fourth quarter of 2019. GDP Deflator in Indonesia averaged 143.97 points from 2000 until 2020, reaching an all time high of 264.61 points in the fourth quarter of 2009 and a record low of 95.07 points in the first quarter of 2000. This page provides - Indonesia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia contracted 2.41 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Indonesia averaged 1.31 percent from 2005 until 2020, reaching an all time high of 4.21 percent in the second quarter of 2018 and a record low of -3.57 percent in the fourth quarter of 2008. Indonesian economy is the largest in South East Asia. The country has been growing steady in the last few years mostly due to high domestic consumption and growth in exports of manufactured products and commodities. This page provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Indonesia decreased to 84.80 points in April from 113.80 points in March of 2020. Consumer Confidence in Indonesia averaged 99.82 points from 2000 until 2020, reaching an all time high of 128.20 points in May of 2019 and a record low of 9.60 points in March of 2001. In Indonesia, the Consumer Confidence Index (CCI) measures consumer’s expectations about current income and job availability against those 6 months ago, appropriate time to buy durable goods, and general economic conditions and job availability expectations in the next 6 months. The index is based on a survey of around 4600 middle up class households in major cities (those cities cover about 78 percent of GDP). Data is collected through phone interviews and direct visits. The two main components of the Index are the current economic condition index and the consumer expectation index. The CCI is computed as a net balance obtained from the difference between percentage on ’increase’ answer and percentage on ’decrease’ answer. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides - Indonesia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Indonesia increased to 103.47 points in April from 103.39 points in March of 2020. Producer Prices in Indonesia averaged 43.42 points from 1971 until 2020, reaching an all time high of 161.52 points in February of 2018 and a record low of 0.58 points in February of 1971. In Indonesia, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Indonesia Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Indonesia recorded a trade surplus of 740 USD Million in March of 2020. Balance of Trade in Indonesia averaged 724.58 USD Million from 1960 until 2020, reaching an all time high of 4641.92 USD Million in December of 2006 and a record low of -2329.13 USD Million in July of 2013. Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, from 2012 to 2014 the country started recording trade deficits, as exports shrank due to slowdown in the global economy and fall in commodity prices. In 2015, trade balance swang again to surplus due to almost 20 percent fall in imports. In recent years, the biggest trade deficits were recorded with China, Thailand, Japan, Germany and South Korea. Indonesia records trade surpluses mainly with India, United States, and Malaysia. . This page provides the latest reported value for - Indonesia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in Indonesia stands at 5.74 percent. Social Security Rate For Companies in Indonesia averaged 10.36 percent from 2007 until 2019, reaching an all time high of 11.74 percent in 2008 and a record low of 5.74 percent in 2017. In Indonesia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Indonesia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Indonesia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Indonesia is ranked 73 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Indonesia remained unchanged at 73 in 2019 from 73 in 2018. Ease of Doing Business in Indonesia averaged 106.42 from 2008 until 2019, reaching an all time high of 129 in 2008 and a record low of 72 in 2017. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Indonesia.

Consumer Spending in Indonesia decreased to 1483593.40 IDR Billion in the first quarter of 2020 from 1513446.30 IDR Billion in the fourth quarter of 2019. Consumer Spending in Indonesia averaged 1207136.31 IDR Billion from 2010 until 2020, reaching an all time high of 1513446.30 IDR Billion in the fourth quarter of 2019 and a record low of 926097.50 IDR Billion in the first quarter of 2010. This page provides - Indonesia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Indonesia increased to 5.07 in 2018 from 4.54 in 2017. Terrorism Index in Indonesia averaged 4.89 from 2002 until 2018, reaching an all time high of 6.55 in 2002 and a record low of 3.92 in 2008. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Government Spending in Indonesia decreased to 159398.05 IDR Billion in the first quarter of 2020 from 284729.74 IDR Billion in the fourth quarter of 2019. Government Spending in Indonesia averaged 110463.74 IDR Billion from 2000 until 2020, reaching an all time high of 284729.74 IDR Billion in the fourth quarter of 2019 and a record low of 21713.30 IDR Billion in the third quarter of 2000. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Indonesia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Indonesia increased to 1536489 in July from 1318094 in June of 2018. Tourist Arrivals in Indonesia averaged 832831.29 from 2011 until 2018, reaching an all time high of 1536489 in July of 2018 and a record low of 548821 in January of 2011. This page provides the latest reported value for - Indonesia Tourist Arrivals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The JCI decreased 1686 points or 26.83% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Indonesia. Historically, the Indonesia Stock Market (JCI) reached an all time high of 6693.47 in February of 2018. The Jakarta Stock Price Index is a major stock market index which tracks the performance of all companies listed on the Indonesia Stock Exchange. It is a modified capitalization-weighted index. The Jakarta Stock Price Index has a base value of 100 as of August 10, 1982.

Living Wage Individual in Indonesia increased to 1456700 IDR/Month in 2018 from 1174300 IDR/Month in 2017. Living Wage Individual in Indonesia averaged 1374925 IDR/Month from 2015 until 2018, reaching an all time high of 1476300 IDR/Month in 2016 and a record low of 1174300 IDR/Month in 2017.

Retirement Age Men in Indonesia remained unchanged at 58 in 2019 from 58 in 2018. Retirement Age Men in Indonesia averaged 56.82 from 2009 until 2019, reaching an all time high of 58 in 2014 and a record low of 55 in 2010. This page provides - Indonesia Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia was worth 1126 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Indonesia represents 0.93 percent of the world economy. GDP in Indonesia averaged 286.80 USD Billion from 1967 until 2019, reaching an all time high of 1126 USD Billion in 2019 and a record low of 5.67 USD Billion in 1967. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Indonesia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Indonesia increased to 69.32 percent in 2019 from 69.20 percent in 2018. Labor Force Participation Rate in Indonesia averaged 65.39 percent from 1990 until 2019, reaching an all time high of 69.32 percent in 2019 and a record low of 57.14 percent in 1991. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Indonesia Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Indonesia increased to 71850.80 IDR Billion in the first quarter of 2020 from 45657.20 IDR Billion in the fourth quarter of 2019. GDP From Agriculture in Indonesia averaged 68978.11 IDR Billion from 2010 until 2020, reaching an all time high of 88647.90 IDR Billion in the second quarter of 2019 and a record low of 37282.50 IDR Billion in the fourth quarter of 2012. This page provides the latest reported value for - Indonesia Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Indonesia decreased to 120968.88 USD Million in March from 130444.44 USD Million in February of 2020. Foreign Exchange Reserves in Indonesia averaged 76487.67 USD Million from 2000 until 2020, reaching an all time high of 131979.64 USD Million in January of 2018 and a record low of 27404.30 USD Million in July of 2000. In Indonesia, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Indonesia Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Indonesia is the 50 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Indonesia averaged 46.77 from 2007 until 2019, reaching an all time high of 55 in 2009 and a record low of 34 in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Indonesia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in Indonesia remained unchanged at 58 in 2019 from 58 in 2018. Retirement Age Women in Indonesia averaged 56.82 from 2009 until 2019, reaching an all time high of 58 in 2014 and a record low of 55 in 2010. This page provides - Indonesia Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Indonesia remained unchanged at 3.75 percent in April from 3.75 percent in March of 2020. Deposit Interest Rate in Indonesia averaged 8.44 percent from 1998 until 2020, reaching an all time high of 56 percent in June of 1998 and a record low of 3 percent in December of 2007. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Indonesia.

The Social Security Rate in Indonesia stands at 9.74 percent. Social Security Rate in Indonesia averaged 13.29 percent from 2007 until 2018, reaching an all time high of 15.74 percent in 2016 and a record low of 9.74 percent in 2017. In Indonesia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Indonesia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Indonesia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Indonesia recorded a Current Account deficit of 8122 USD Million in the fourth quarter of 2019. Current Account in Indonesia averaged -1099.62 USD Million from 1981 until 2019, reaching an all time high of 3795 USD Million in the third quarter of 2006 and a record low of -10125.60 USD Million in the second quarter of 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Indonesia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending Rate in Indonesia remained unchanged at 5.25 percent in April from 5.25 percent in March of 2020. Lending Rate in Indonesia averaged 7.98 percent from 2006 until 2020, reaching an all time high of 15.75 percent in March of 2006 and a record low of 5 percent in September of 2017. In Indonesia, lending rate refers to central bank lending facility rate. This page provides - Indonesia Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Indonesia decreased to 876315.84 IDR Billion in the first quarter of 2020 from 951395.11 IDR Billion in the fourth quarter of 2019. Gross Fixed Capital Formation in Indonesia averaged 410869.69 IDR Billion from 2000 until 2020, reaching an all time high of 951395.11 IDR Billion in the fourth quarter of 2019 and a record low of 63970.10 IDR Billion in the first quarter of 2000. This page provides - Indonesia Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Indonesia increased by 105.30 IDR Trillion in the fourth quarter of 2019. Foreign Direct Investment in Indonesia averaged 78.27 IDR Trillion from 2010 until 2019, reaching an all time high of 112 IDR Trillion in the fourth quarter of 2017 and a record low of 35.40 IDR Trillion in the first quarter of 2010. In Indonesia, Foreign Direct Investment refers to the flows of the foreign direct investments received from abroad. This page provides - Indonesia Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in Indonesia increased to 0.42 USD/Liter in April from 0.40 USD/Liter in March of 2020. Gasoline Prices in Indonesia averaged 0.49 USD/Liter from 1990 until 2020, reaching an all time high of 0.79 USD/Liter in December of 2010 and a record low of 0.16 USD/Liter in December of 1998. This page provides the latest reported value for - Indonesia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retail Sales in Indonesia decreased 0.80 percent in February of 2020 over the same month in the previous year. Retail Sales YoY in Indonesia averaged 9.18 percent from 2006 until 2020, reaching an all time high of 40.30 percent in January of 2010 and a record low of -26.30 percent in November of 2008. In Indonesia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Indonesia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Indonesia decreased 0.50 percent in February of 2020 over the previous month. Retail Sales MoM in Indonesia averaged 0.97 percent from 2003 until 2020, reaching an all time high of 26 percent in October of 2006 and a record low of -22.30 percent in November of 2006. In Indonesia, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Indonesia, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - Indonesia Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Indonesia decreased to 2870 USD Million in the fourth quarter of 2019 from 2883 USD Million in the third quarter of 2019. Remittances in Indonesia averaged 1926.79 USD Million from 2005 until 2019, reaching an all time high of 2898.41 USD Million in the second quarter of 2019 and a record low of 1202 USD Million in the second quarter of 2005. In Indonesia, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides the latest reported value for - Indonesia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports from Indonesia in China increased to 2824200 USD THO in April from 2689700 USD THO in March of 2020. Imports from Indonesia in China averaged 2267405.64 USD THO from 2014 until 2020, reaching an all time high of 5874100 USD THO in February of 2020 and a record low of 0 USD THO in April of 2014. This page includes a chart with historical data for China Imports From Indonesia.

Exports to Indonesia in China decreased to 3643600 USD THO in April from 3842700 USD THO in March of 2020. Exports to Indonesia in China averaged 3232555.13 USD THO from 2014 until 2020, reaching an all time high of 5260600 USD THO in February of 2020 and a record low of 1715123.88 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Indonesia.

Exports to Indonesia in New Zealand increased to 132.39 NZD Million in March from 100.26 NZD Million in February of 2020. Exports to Indonesia in New Zealand averaged 78.47 NZD Million from 2014 until 2020, reaching an all time high of 132.39 NZD Million in March of 2020 and a record low of 38.46 NZD Million in June of 2015. This page includes a chart with historical data for New Zealand Exports to Indonesia.

The stocks of goods held by firms in Indonesia increased by 50546.33 IDR Billion in the first quarter of 2020. Changes in Inventories in Indonesia averaged 20768.27 IDR Billion from 2000 until 2020, reaching an all time high of 82372.21 IDR Billion in the first quarter of 2012 and a record low of -57612.55 IDR Billion in the fourth quarter of 2015. In Indonesia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Indonesia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Indonesia Three Month Interbank Rate was at 4.90 percent on Friday May 8. Interbank Rate in Indonesia averaged 11.66 percent from 1996 until 2020, reaching an all time high of 57.79 percent in September of 1998 and a record low of 4.19 percent in March of 2012. In Indonesia, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Indonesia Interbank Call Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Indonesia increased 4.85 percent in July of 2019 over the same month in the previous year. Food Inflation in Indonesia averaged 12.36 percent from 1997 until 2019, reaching an all time high of 138.12 percent in September of 1998 and a record low of -11.16 percent in March of 2000. This page provides the latest reported value for - Indonesia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Indonesia was last recorded at 4.50 percent. Interest Rate in Indonesia averaged 6.93 percent from 2005 until 2020, reaching an all time high of 12.75 percent in December of 2005 and a record low of 4.25 percent in September of 2017. In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. In April of 2016, policymakers announced the replacement of the official discount interest rate with new 7-day reverse repurchase rate in August 2016. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Initiative would be modelled on Singapore’s Temasek with focus on start-ups

Travel advice issued from the Department of Foreign Affairs and Trade in Australia have added Bali to a long list of places being affected by the Zika virus - which has been linked to birth defects.

The Zika virus has arrived to Indonesia now Australian's are being urged to reconsider holiday plans to Bali. The virus is linked to immune system disorders and deformaties in babies.

Richard Hames, who warned hijacked planes could be flown into the World Trade Centre three years before it happened, believes Australia should stop viewing China as a potential enemy.

JAKARTA, May 9 (Reuters) - Indonesia reported on Saturday 533 new coronavirus infections, the biggest daily increase, taking the total number to 13,645,...

Every year, some 5.25 trillion new pieces of plastic debris are thrown into the ocean, much of which ends up being eaten by manta rays and whale sharks according to a new study from Indonesia.

Six-month-old Alif Putr died in surgery on Tuesday morning, but was being held by M Djamil Hospital in Padang, Indonesia, until his parents paid the 25 million rupiahs ($1,774 or £1,370) owed.