Indonesia c.bank puts Q4 current account deficit at 2.8 pct of GDP, instead of 2.3 pct

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JAKARTA (Dec 17): Indonesia central bank has raised its estimate for the fourth quarter current account deficit to 2.8 percent of gross domestic product from an earlier figure of 2.3 percent.

Mirza Adityaswara, Bank Indonesia's senior deputy governor, told a press conference on Wednesday the deficit would be $6.1 billion, which he said was equivalent to 2.8 percent of GDP.

In the final quarter of 2013, Indonesia had a current account gap of $4.3 billion, or 1.98 percent of GDP.

In July-September this year, the deficit was 3.07 percent of GDP.