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Indonesia Q4 Current Account Deficit Widens
Indonesia’s current account deficit increased to USD 2.54 billion in Q4 2025 from USD 1.14 billion in the same period a year earlier. The latest result marked a shift from a surplus in Q3, which had been the first gain since Q1 2023. The primary income deficit rose to USD 9.59 billion from USD 8.96 billion in the previous year. Meanwhile, the goods surplus narrowed to USD 10.16 billion from USD 11.30 billion, mainly due to a wider oil trade shortfall. In contrast, the services deficit decreased to USD 4.87 billion from USD 5.10 billion, while the secondary income surplus increased slightly to USD 1.76 billion from USD 1.62 billion. For the full year, the current account deficit shrank sharply to USD 1.45 billion from USD 8.58 billion in 2024, indicating a significant improvement in Indonesia’s external position.