Going forward, it is estimated that Indonesia’s external stability will be maintained. The balance of payments is expected to experience 16  Note: * Preliminary figures; ** Figures are very provisional  a surplus with a lower current account deficit and a larger capital account surplus.
The current account deficit is projected to be below 1.5% of GDP in 2020 and around 1.0%-2.0% of GDP in 2021, supporting the resilience of Indonesia’s external economic sector. With the stabilization policy of Bank Indonesia, the Rupiah exchange rate is stable and has the potential to strengthen.