Investor Presentaiton
External Sector Remains Resilient
Supported by Adequate Reserves and Sound Balance of Payments
Balance Of Payment Remains Solid
US$bn
20
US$bn
Current Account Recorded Deficit in Q1-2021
2013:
2014:
2015: 2016: 2017: 2018: 2019:
2020: 2021:
CA Deficit CA Deficit, CA Deficit CA Deficit CA Deficit CA Deficit
(US$29.1bn) (US$26.7bn) (US$17.5bn) (US$16.9bn) (US$16.2bn) (US$30.6bn) (US$30.3bn) (US$4.3bn) (US$0.9bn)
CA Deficit CA Deficit CA Deficit
15
10
5
0
-5
-10
-15
137.10 160
US$bn
13
120
4.06
8
5.56
80
3
-2
(1.00)
40
-7
0
-12
AW
Q102030401020 30 40 10 20 30 40 10 20 30 40 10 20 30 40 10 20 30 40 10 20 30 40 1Q 2Q 3Q 4Q1
2013
2014
2015
Current Account
Overall Balance
2016
Source: Bank Indonesia
Trade Balance Surplus Continues
2015:
2016:
2017:
Surplus
Surplus
Surplus
US$7.59bn US$8.83bn US$11.83bn
US$bn
5
43210123
-1
-2
-3
2017
2018 2019* 2020*2021**
Capital and Financial Account
• Reserve Asset (rhs)
1.0
-0.36
0.0
7.91 -1.0
1.43 -2.0
(6.92) -3.0
-4.0
(3.42)
-5.0
་་་་་་་་་་་་་་་་་
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q
2013
2014
Goods
2015
2016
Primary Income
Current, Account (%GDP) (rhs)
2017
2018
2019*
2020* 2021**
Services
Secondary Income
Source: Bank Indonesia
Official Reserve Assets Increased to Reinforce External Sector Resilience
FX Reserves as of June 2021: US$137.1 bn
(Equiv. to 8.8 months of imports + servicing of government debt)
2018:
2019:
2020:
2021:
Deficit
Deficit
Surplus Surplus
(US$8.65bn) (US$3.24bn) (US$21.81bn) (US$11.83bn)
US$bn
OG
Non-OG
Total
140
2.38
130
TM
1.32
חות
-1.06
2015
Preliminary Figure
Source: BPS
2016
2017
2018
2019
2020
2021
Very Preliminary Figure
120
110
100
70
60
ឧ ន ដ ឬ ឬ 8 8 ន 8 ន
FX Reserves (LHS)
Month of Import & Debt Service (RHS)
Month
1 3 5 7 9
1 3 5 7 9
11
1 3 5 7 9
11
1 3 5 7 9 1 3 5 7 9
11
1 3 5 7 9
11
11
1 3 56
11
2015
2016
2017
2018
2019
2020
2021
Source: Bank Indonesia
54321
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