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Indonesia's new national accounts

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  • Pierre van der Eng

Abstract

This note addresses some of the main changes in Indonesia's national accounts, from 2000. These have resulted in higher estimates of GDP and slightly higher rates of GDP growth. The changes are part of a regular cycle of revisions and improvements in national accounting by the central statistics agency, BPS. On the output side, the higher level of GDP in 2000 is mainly due to upward revisions of value added in manufacturing industry, banking and trade. On the expenditure side, the higher level is mainly due to an upward revision of exports and the introduction of an estimate of investment in inventories. The choice of a new base year has resulted in higher weights for sectors with relatively high growth. This explains the higher rates of total GDP growth during 2000-03.

Suggested Citation

  • Pierre van der Eng, 2005. "Indonesia's new national accounts," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 41(2), pages 243-252.
    • Handle: RePEc:taf:bindes:v:41:y:2005:i:2:p:243-252
    DOI: 10.1080/00074910500218418
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    Cited by:

    1. Pierre van der Eng, 2008. "The sources of long-term economic growth in Indonesia, 1880-2007," ANU Working Papers in Economics and Econometrics 2008-499, Australian National University, College of Business and Economics, School of Economics.
    2. Pierre van der Eng, 2008. "Capital Formation and Capital Stock in Indonesia, 1950-2007," Departmental Working Papers 2008-24, The Australian National University, Arndt-Corden Department of Economics.
    3. Armida Alisjahbana, 2009. "Revisiting Indonesia’s Sources of Economic Growth and Its Projection Towards 2030," Working Papers in Economics and Development Studies (WoPEDS) 200905, Department of Economics, Padjadjaran University, revised Jul 2009.
    4. van der Eng, Pierre, 2014. "Mining and Indonesia’s Economy: Institutions and Value Adding, 1870-2010," PRIMCED Discussion Paper Series 57, Institute of Economic Research, Hitotsubashi University.

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