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Academia 1 week ago
PREMIUM
Data flows out, value flows away: Indonesia’s digital trade paradox
Behind the rhetoric of digital cooperation, Indonesia’s new trade framework risks turning the nation into a mere supplier of raw data for global giants. To avoid a digital paradox, the country must bridge the gap between open data flows and the domestic infrastructure needed to capture its true economic value.
Opinion 3 months ago
PREMIUM
Analysis: Current account surplus in Q3 2025 undercut by capital outflows
Indonesia's current account balance returned to a surplus in the third quarter (Q3) of 2025, but the improvement was overshadowed by one of the sharpest capital outflows in recent years. Bank Indonesia (BI) reported that the current account swung into a surplus of US$4 billion, or 1.1 percent of GDP, the first surplus in 10 months. However, this gain was more than offset by a steep financial account deficit of US$8.1 billion. As a result, Indonesia posted an overall balance of payments deficit of US$6.4 billion in Q3.
Economy 1 year ago
Indonesia's balance of payments surplus signals stable external resilience
Indonesia's external resilience remains intact amid ongoing global risk, reflected by the surplus in the country’s international transactions. According to a Bank Indonesia (BI) report, Indonesia’s balance of payments (BOP) for Q3-2024 recorded a surplus of US$5.9 billion, a recovery from a deficit of $0.6 billion in Q2-2024.
Economy 1 year ago
Indonesia’s trade balance maintains positive trend with 49 consecutive months of surplus
The government continues to strengthen various efforts to boost national exports, including through the establishment of the National Export Enhancement Task Force on Sept. 20, 2023. Amid the current global economic conditions, Indonesia's export performance has shown good results, with the country’s export value in May 2024 reaching US$22.33 billion, an increase of 13.82 percent month-to-month (mtm) or 2.86 percent year-on-year (yoy).
