Balance of Payment: US$ 7.9 billion
Current Account: US$ -1.1 billion
Capital and Financial Account : US$ 8.5 billion

Indonesia’s Balance of Payments (BOP) surplus increased by 34.1% QoQ to US$7.9 billion in 4Q24. It was supported by a portfolio investment surplus of US$8.5 billion, while the current account recorded a deficit of US$1.1 billion, or 0.3% of Indonesia’s Gross Domestic Product (GDP). Meanwhile, foreign exchange reserves grew by 3.9% to US$155.7 billion, equivalent to 6.5 months of import financing throughout 2024.

By PHINTRACO SEKURITAS | Research
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