2026.02.2003:00:00UTC+00Indonesia’s Current Account Swings Back to Deficit in Q4 2025

Indonesia’s external position shifted notably at the end of 2025, as the country’s current account moved from surplus back into deficit in the fourth quarter. According to data updated on 20 February 2026, the current account balance fell to -0.70% of GDP in Q4 2025, compared with a surplus of 1.10% of GDP in the third quarter of 2025.

The reversal marks a significant quarter-on-quarter deterioration in Indonesia’s current account dynamics, suggesting that the momentum which had supported a surplus earlier in the year did not carry through to year-end. While the data release provides headline figures rather than a breakdown, the move back into deficit will likely refocus investor and policymaker attention on the balance of payments and the sustainability of external financing conditions going into 2026.