# Indonesia’s Growing Dollar Appetite Could Widen Its Current Account Deficit

> An economist forecast Indonesia’s current-account deficit at about 1.5% of GDP in 2026, widening to 1.6% in 2027 from 0.1% in 2025. He attributed the deterioration partly to higher energy-import costs, including oil prices that rose amid US-Iran tensions and remained elevated after a pullback.

- Date: 2026-11-06 · published 2026-11-07T00:14:53.534Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/85090-indonesia-s-growing-dollar-appetite-could-widen-its-current-account-deficit
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A wider current-account deficit increases Indonesia’s need for foreign financing and dollars, which can put downward pressure on the rupiah and raise local-currency costs for imported feed and energy. Elevated oil prices also add to the import bill and support crude prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-06-01 | [Rising risk appetite lifts Canadian dollar to two-week high](https://feedsoft.ai/events/35740-rising-risk-appetite-lifts-canadian-dollar-to-two-week-high.md) | +6.5% | +2.6% |
| WTI | 2021-05-31 | [Canadian dollar on track for monthly gain as current account swings to surplus - The Globe and Mail](https://feedsoft.ai/events/47327-canadian-dollar-on-track-for-monthly-gain-as-current-account-swings-to-surplus.md) | +4.4% | +10.0% |
| WTI | 2022-12-07 | [India rupee to remain weak on current account and rate differential: Reuters poll](https://feedsoft.ai/events/38491-india-rupee-to-remain-weak-on-current-account-and-rate-differential-reuters-poll.md) | +0.5% | -0.8% |
| WTI | 2017-07-27 | [The U.S. dollar drop could send gold prices soaring](https://feedsoft.ai/events/69899-the-u-s-dollar-drop-could-send-gold-prices-soaring.md) | +2.0% | -0.4% |
| WTI | 2021-05-11 | [Commodity currencies hold advantage as dollar waits for inflation and Fed \| Reuters](https://feedsoft.ai/events/47003-commodity-currencies-hold-advantage-as-dollar-waits-for-inflation-and-fed.md) | +2.0% | +8.0% |
| BRENT | 2021-05-11 | [Commodity currencies hold advantage as dollar waits for inflation and Fed \| Reuters](https://feedsoft.ai/events/47003-commodity-currencies-hold-advantage-as-dollar-waits-for-inflation-and-fed.md) | +1.6% | +4.9% |
| BRENT | 2022-04-25 | [Implications of the terms-of-trade deterioration for real income and the current account](https://feedsoft.ai/events/42064-implications-of-the-terms-of-trade-deterioration-for-real-income-and-the.md) | +2.8% | +6.8% |
| BRENT | 2026-04-30 | [Rupee At Record Low: Oil-Dollar-War Trap Outweighing RBI's Countermoves?](https://feedsoft.ai/events/20010-rupee-at-record-low-oil-dollar-war-trap-outweighing-rbi-s-countermoves.md) | -15.3% | -21.9% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20261106165457-17-783071/ri-makin-haus-dolar-awas-defisit-transaksi-berjalan-makin-lebar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.