Indonesia: Staff Report for the 2013 Article IV Consultation
IMF Staff Country Reports, December 15, 2013
Source details
- Canonical URL
- Indonesia: Staff Report for the 2013 Article IV Consultation
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Bibliographic details
- Published: December 15, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475597325.002
Recent macroeconomic context and performance
- In recent years, the Indonesian economy benefited from a supportive global economic environment, notably a rise in commodity prices and strong growth in emerging markets.
- These external conditions became less supportive recently, resulting in slowing export growth.
- Combined with rising net oil and gas imports, the current account shifted into a deficit in 2012.
- Real GDP growth in 2012 remained strong at 6ΒΌ percent, aided by domestic conditions.
- Inflationary pressures stayed low in 2012.
External sector and trade
- Export growth slowed as the external environment weakened.
- Rising net oil and gas imports contributed to the current account shifting into a deficit in 2012.
Near-term outlook and risks
- The near-term outlook reflects the more challenging global environment that Indonesia faces.
Subject areas covered
- Banking
- Currency markets
- Energy subsidies
- Expenditure
- External debt
- Financial markets
- Foreign exchange
- Public debt
Keywords highlighted
- core inflation
- CR
- credit growth
- Currency markets
- data release
- Energy subsidies
- Global
- government
- ISCR
- market volatility
- projection range
- Q3
- staff appraisal
Source: Indonesia: Staff Report for the 2013 Article IV Consultation (IMF Staff Country Reports 2013, No. 362).
Content in this bundle
- Indonesia: 2013 Article IV consultation; IMF Country Report 13/362; November 1, 2013