Indonesia's Q2 current account deficit widens

By Reuters

Aug 23, 2024 12:06 am

JAKARTA — Indonesia's current account deficit widened to 0.9 percent of gross domestic product (GDP), or $3 billion, in the second quarter (Q2) from a revised deficit of 0.7 percent of GDP in the previous quarter, the central bank said in a statement on Thursday.

The deficit as a percentage of GDP was at its widest since the second quarter of 2020, data from LSEG Workspace data showed.

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