Exports of Services (BoP, USD) in Indonesia

Exports of services as a part of balance of payment reached 25.3 USD bil in 2017 in Indonesia, according to the National Statistical Office. This is 8.59 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Indonesia reached an all time high of 25.3 USD bil in 2017 and an all time low of 0.449 USD bil in 1981. When compared to Indonesia's main peers, exports of services as a part of balance of payment in Australia amounted to 65.2 USD bil, 37.1 USD bil in Malaysia, 34.8 USD bil in Philippines and 173 USD bil in Singapore in 2017.

Indonesia has been ranked 41st within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 9 places above the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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