Indonesia: Growth of exports

* indicates monthly or quarterly data series
 Indonesia

Exports of goods and services, annual growth

 Latest value 1.32
 Year 2023
 Measure percent
 Data availability 1961 - 2023
 Average 5.97
 Min - Max -31.80 - 26.48
 Source The World Bank
The latest value from 2023 is 1.32 percent, a decline from 16.23 percent in 2022. In comparison, the world average is 5.19 percent, based on data from 130 countries. Historically, the average for Indonesia from 1961 to 2023 is 5.97 percent. The minimum value, -31.8 percent, was reached in 1999 while the maximum of 26.48 percent was recorded in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Indonesia - Growth of exports - Recent values chart

Historical series
Indonesia - Growth of exports - historical chart - 1961-2023




Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 100.77 2021 percent
 Trade openness 41.32 2023 percent
 Financial openness -0.166 2021 index points
 Exports, percent of GDP 21.75 2023 percent
 Exports, billion dollars 298.18 2023 billion U.S. dollars
 Growth of exports 1.32 2023 percent
 Imports, percent of GDP 19.57 2023 percent
 Imports, billion dollars 268.33 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.61 2023 percent
 Foreign Direct Investment, billion dollars 22.09 2023 billion U.S. dollars
 Portfolio investment inflows, equities 264.70 2023 million dollars (current)
 Current account, percent of GDP 0.50 2022 percent
 Current account, in dollars -2.14 2023 billion U.S. dollars
 Trade balance, percent of GDP 2.18 2023 percent
 Trade balance, in dollars 28.22 2023 billion U.S. dollars
 Reserves 146.36 2023 billion U.S. dollars
 Remittances, percent of GDP 1.06 2023 percent
 Remittances 14,466.84 2023 million U.S. dollars
 Net errors and omissions -1,704.54 2023 million USD
 External debt 30.89 2022 percent
 Short-term external debt 13.45 2023 percent
 Short-term debt to reserves 37.31 2023 percent
 Foreign exchange reserves 155.72 12/2024 billion
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