Investor Presentaiton
External Sector Remains Resilient Supported by Adequate
Reserves and Sound Balance of Payments
US$bn
15
10
2505055
-5
-10
-15
Balance Of Payment Remains Solid
135.15
US$bn
160
Current Account Recorded Surplus in Q3-2020
2013:
2014:
2015:
2016: 2017:
2020:
CA Deficit 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$30.4bn) (US$5.6bn)
2018:
CA Deficit
2019:
2.05
13
Goods
мишл
40
40
-2
-7-1
W
120
Primary Income
Services
Secondary Income
0.96 8
Current Account (%GDP) (rhs)
80
3
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q 2Q 3Q 4Q1Q 2Q 3Q 4Q1Q2Q3Q4Q1Q 2Q 3Q4Q1Q2Q3Q4Q1Q2Q3
0.36
1.0
1.37
0.0
9.79
-1.0
1 -2.0
(7.59) -3.0
-4.0
(2.62)
-5.0
2013
2014
2015
Current Account
Overall Balance
2016
Source: Bank Indonesia
Trade Balance Surplus Increases
Non-OG
2013:
Deficit
2014:
Deficit
2015:
Surplus
(US$4.10bn) (US$2.37bn)
US$7.59bn
US$bn
5.00
OG
4.00
3.00
2.00
1.00
0.00
-1.00
-2.00
-3.00
2017
2018
2019*
-12
2020**
Capital and Financial Account
Reserve Asset (rhs)
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3
2013
2014
2015
2016
Source: Bank Indonesia
2017
2018
2019*
2020**
2016:
Surplus
US$8.83bn
2017:
Surplus
US$11.83bn
2018:
2019:
2020:
Deficit
Deficit
Surplus
(US$8.65bn) (US$3.24bn) (US$21.81bn)
US$bn
Official Reserve Assets Increased to Reinforce External Sector Resilience
FX Reserves as of December 2020: US$135.90 bn
(Equiv. to 9.8 months of imports + servicing of government debt)
FX Reserves (LHS)
Month of Import & Debt Service (RHS)
130
Total
Month
14
120
2.56
110
100
2.1
90
9.8
mmmmmm
80
-0.46
70
60
43210
10
TEZZE1289654321
50
1 4 7
1 4 7
10
10
1 4 7 1 4 7
10
10
1 4 7 1 4 7 147 1 4 7
10
10
2016
2017
2018
2019
2020
2013
2014
2015
2016
2017
2018
Source: Bank Indonesia
10
10
2019
2020
53
2013
2014
2015
Preliminary Figure ** Very Preliminary Figure
Source: BPSView entire presentation