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Indonesia’s current account deficit widens, set to expand in 2025

Summary by mettisglobal.news
February 20, 2025 (MLN): Indonesia's current account deficit widened in 2024 as its merchandise trade surplus shrank amid weaker global demand, the central bank said on Thursday, and analysts pointed to a worsening outlook for global trade this year. Southeast Asia's largest economy reported a current account deficit of $8.9 billion for the year, equivalent to 0.6% of GDP, within the central bank's outlook range of 0.1% to 0.9%, but widening fro…
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mettisglobal.news broke the news in on Thursday, February 20, 2025.
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