No - Bank Indonesia

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M E T A D A T A
BASIC INFORMATION
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Data Category
Statistics
Disseminator
Address
Contact
Telephone
Facsimile
Email
: Gross Domestic Product (GDP)
Directorate of Economic and Monetary
:
Statistics (DSM), Bank Indonesia
: Jl. M.H. Thamrin No. 2
Jakarta
: Real Sector Statistic Team
: 62-21- 381-8429
: 62-21-350-1907; 345-6371
: milis-seki@bi.go.id
DATA DEFINITION
Gross Domestic Product (GDP) is one of the important
indicators to oversight economic condition in a country
during certain period of time, whether based on actual price
or constant price.
Basically, GDP is the amount of additional value resulted by
all business units in a certain country, or the number of
goods and services produces by all economic units.
GDP based on current price displays the additional values of
goods and services calculated using the price in the current
year, while GDP based on constant price displays the
additional values of goods and services using the applicable
price during a certain year as a basis. GDP based on actual
price displays the ability of economic sources produced by a
country. GDP based on actual price is also used for giving
insight on the economic movement and economic structure of a
country.
Meanwhile, constant GDP is used to discover real economic
growth from year to year or economic growth which is not
affected by the price factor. GDP can also be used to
discover price changes by calculating GDP deflator (implicit
price index).
The concept on calculating GDP
approach,
namely:
productions
approach, and revenues approach.
adopts three types of
approach,
expenditures
1. Productions Approach :
GDP is total additional values on goods and services produced
by the production units in the area of a country for a
certain period of time (usually one year). Production units
in the display are grouped into 9 business sectors consisting
Dec.2010
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of: (1) Agriculture, Livestock, Forestry, and Fishery; (2)
Mining and Quarrying; (3) Manufacturing Industry; (4)
Electricity, Gas & Sanitary Water; (5) Construction; (6)
Trading,
Hotel
&
Restaurant;
(7)
Transportation
and
Communication; (8) Finance, Real Estate and Company Services;
and (9) Services (including government services).
2. Expenditures Approach :
GDP is all components of final inquiries consisting of: (1)
Household consumption and non-provit private institution
expenditures, (2) Government consumption, (3) Gross domestic
fixed capital formations, (4) Inventory alteration, and (5)
Net export (export subtracted by import).
3. Revenues Approach :
GDP is amount of reward received by production factors for
participating in the production process of a certain country
during certain period of time (usually one year). The
production factor reward is fees and salaries, land leasing,
capital interest, and profit; all of which has not been
deducted by income tax or any other direct taxes. Within this
definition, GDP also includes all depreciation and net
indirect taxes (indirect taxes subtracted by subsidy).
The Gross National Product (GNP) is GDP added by net foreign
income.
Net foreign income is income out of production factors (human
resources and capital) earned by an Indonesian resident from
foreign countries subtracted by the same income earned by a
foreigner in Indonesia.
National Income is GNP deducted by indirect net taxes (net)
and depreciation.
Net
indirect
taxes
government subsidy.
are
indirect
taxes
subtracted
by
Implicit Price Index of GDP is a ratio between GDP’ actual
price and GDP’ constant price.
GDP deflator is the GDP implicit price index growth rate.
Exporting
and
importing
goods
is
goods
and
services
transaction occurred between Indonesian residents and foreign
residents.
DATA COVERAGE
Dec.2010
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Coverage:
GDP based on business sectors categorized into 9 economic sectors
according to the International Standard Industrial Classification
(ISIC) as follows:
1. Agriculture, Livestock, Forestry, and Fishery
a. Food Crops
b. Estate Crops
c. Livestock and Its Product
d. Forestry
e. Fishery.
2. Mining and Quarrying
a. Oil and Gas Mining
b. Non-Oil and Gas Mining
c. Quarrying.
3. Manufacturing Industry
a. Oil and Gas Manufacturing Industry
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Petroleum Refinery
-
Liquefied Natural Gas (LNG)
b. Non-oil and gas industry
-
Food, Beverages and Tobacco Industries
-
Textile, Leather Products and Footwear Industries
-
Wood and Other Products Industries
-
Paper and Printing Products Industries
-
Fertilizers, Chemical and Rubber Products Industries
-
Cement, and Non-Metalic Quarrying Products Industries
-
Iron and Steel Basic Metal Industries
-
Transport Equipment, Machinery & Apparatus Industries
-
Other Manufacturing Products Industries
4. Electricity, Gas & Water Supply
a. Electricity
b. City Gas
c. Water Supply.
5. Construction
6. Trading, Hotel and Restaurant
a. Wholesale and Retail Trade
b. Hotels
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c. Restaurants.
7. Transportation and Communication
a. Transportation
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Railway transportation
-
Road transportation
-
Sea transportation
-
River, lake and ferry transportation
-
Air transportation
-
Services Allied to transportation
b. Communication.
8. Financial, Real Estate and Business Services
a. Bank
b. Non-Bank Financial Institution
c. Services Allied to Finance
d. Real Estate
e. Business Services.
9. Services
a. General Government
-
Government Administration and Defense
-
Other Government Services.
b. Private
-
Social and Community Services
-
Amusement and Recreational Services
-
Personal and Household Services.
Meanwhile, GDP based on the usage categorized into 6 components,
namely:
1. Household Consumption Expenditures covers all expenditure for
goods and services consumption subtracted by net secondhand
and waste goods selling carried out by the household in one
year.
2. Government Consumption Expenditures, covers expenditure for
civil servants spending, depreciation and goods spending,
either central government or regional government, excluded
the income from goods and services produced. This data using
the realization of State Budget (APBN) figures.
3. Establishment
of
Gross
Domestic
Fixed
Capital
covers
production and purchasing of new domestic capital goods and
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used goods or new foreign capital goods. The method used is
flow of goods approach.
4. Inventory alteration.
The changes of the stock is counted
from additional of gross value added of GDP all sector
subtracted by other final demand components
5. Export of Goods and Services. Export of goods is counted
according to free on board (fob) price.
6. Import of Goods and Services. import of goods is counted
based on Cost Insurance and Freight (CIF)
Unit:
Data disseminated in billions of.
Currency:
IDR
PERIODICITY OF PUBLICATION
Quarterly
TIMELINESS
6 (six) weeks after the end of the reference month (website).
7 (seven) weeks after the end of the reference month (CD and
printed matter).
ADVANCE RELEASE CALENDAR (ARC)
ARC (attached) will be disclosed every year by December.
SOURCE OF DATA
Statistics Indonesia (Badan Pusat Statistik/BPS) : Survei
Khusus Triwulanan (SKT) of institutions and companies, Survei
Khusus Tabungan dan Investasi Rumah tangga (SKTIR), Economic
census, Survei Sosial Ekonomi Nasional (Susenas), Yearly
census for middle/upper scale business, Census for small
scale business, Income and Expenditures State Budget (APBN),
Adhoc surveys and Consumer Prince Index & Wholesale Price
Index figures.
The export of goods data acquired from Statistics Indonesia annual
publication, whereas the export of services acquired from Balance
of Payment, published by Bank Indonesia.
METHODOLOGY
Currently,
calculated
Dec.2010
GDP data published by Statistics Indonesia
using
production
approach
and
expenditure
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approach.
Data compilation for GDP is conducted as follows :
- For
Sectoral
GDP,
data
are
compiled
from
related
departments/institutions.
The data compiled from each
sector consists of production data, data on prices at
producer
level,
investment’
production
cost,
and
expenditure
data
acquired
either
from
survey
or
estimation.
- For
Expenditure
GDP,
data
are
compiled
by
related
departments/institutions that officially issued the data
(such
as
export-import,
government
expenditures
and
investment, and private investment), also through special
surveys (such as household expenses special survey).
Detailed explanation on compiling method on GDP data can be
acquired on the Annual Publication of Indonesian National
Income, Statistics Indonesia.
Compilation technique used is:
a.
The data for each sector which is calculated in each
related working unit at Statistics Indonesia is delivered
afterwards to the Directorate of Productive Balance Sheet
and Directorate of Consumption Balance Sheet (Statistics
Indonesia) to be consolidated and estimated.
b.
The calculation for the GDP for each sector has
different characteristic as referred in the explanation of
calculating method of GDP in the annual publication of
Statistics Indonesia National Income.
The Revision on the base year for GDP constant price’
calculation is conducted periodically (1960, 1973, 1983,
1993, dan 2000).
Since 2004, GDP data provided have been used 2000 as base
year covering data since quarter I-2000 period. The changes
of 1993 base year to 2000 is conducted because the structure
of Indonesia’ economy has undergone major transformation,
covers the fluctuation of price, the scope of both production
and consumption commodities, also types and quality of goods
and services produced.
DATA INTEGRITY
During the issuance time of quarterly GDP, the data are very
very preliminary (***). The data turn into very preliminary
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(**) after the quarterly data is completed for one calendar
year. The data became preliminary (*) after one year,
commencing from the end of reference year. The final status
of the data is implied in the publications by the lack of a
symbol indicating that the data are provisional, which takes
about two years after the end of reference year.
Major changes on GDP methodology, which is usually announced
in Statistics Indonesia annual publication titled ”Indonesian
National Income”, are noted along the data with the new
methodology published for the first time.
PUBLIC ACCESS TO DATA
Data are disseminated on:

BI’s Website
http://www.bi.go.id/web/en/Statistik/Statistik+Ekonomi+dan+K
euangan+Indonesia/Versi+HTML/Sektor+Riil/

Indonesian Financial Statistics (Statistik Ekonomi dan
Keuangan Indonesia/SEKI)) Publication (CD and printed
matter).
Data can also be acquired from:

Statistics Indonesia’s Website
http://dds.bps.go.id/eng/aboutus.php?tabel=1&id_subyek=11

Indonesia‘s National Summary Data Page (SDDS Website) - NSDP
http://www.bi.go.id/sdds/series/NA/index_pdb.htm
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