JAKARTA, May 22 (Xinhua) -- Indonesia recorded a balance of payments deficit of 9.1 billion U.S. dollars in the first quarter of 2026 amid slowing global economic growth and heightened uncertainty in international financial markets, Bank Indonesia said on Friday.
While foreign exchange reserves at the end of March 2026 remained high at 148.2 billion U.S. dollars, said a statement from the central bank.
The current account registered a deficit of 4.0 billion U.S. dollars, equivalent to 1.1 percent of gross domestic product (GDP), due to weaker global trade, disruptions in international supply chains and rising interest payments on external debt.
Meanwhile, the capital and financial account posted a deficit of 4.9 billion U.S. dollars, although direct investment and portfolio inflows continued to reflect investor confidence in Indonesia's economic prospects and domestic investment climate.
Bank Indonesia projected the country's balance of payments to remain resilient in 2026, supported by a low current account deficit, while pledging to strengthen policy coordination to mitigate the impact of global economic uncertainty.
