Trends of Selected Socio-Economic Indicators of Indonesia, August ...

• Business Tendency Index is one indicator that can provide early information about the
state of business and the economy in the short term. In the Business Tendency Survey
in question is the development of the business world in general in the corresponding
three months earlier than three months and the prospect of the next three months.
• Consumer Tendency Index aims to get a picture of a business situation and general
economic consumer opinion, based on consumer purchasing power and also on
perceptions about business conditions and the economy.
• Gross Domestic Product (GDP) is an important economic indicator to show the
economic condition of a country at certain period in time. GDP is defined as the total
value added of all production units in a certain country for a certain period (usually
one year).
• Per Capita Gross Domestic Product is GDP divided by the total mid-year population.
• GDP at current prices shows the value added of goods and services at current prices
for a certain year.
• GDP at constant prices shows the value added of goods and services calculated at fix
prices of a base year.
• Household consumption expenditures consist of expenditures incurred by households,
which are used for both individual or collective needs. Household consumptions are
classified into food and non-food (goods and services) expenditures that may take
place in domestic or abroad. Expenditures here include expenditures of Nonprofit
institutions serving households.
• Government consumption expenditures consist of expenditures for the compensation
of employees, capital consumption (depreciation) and intermediate consumption
(including travel allowance, maintenance cost, and other routine expenditures) spent
by either central or local government.
• Gross fixed capital formation consists of resident producers acquisitions, less
disposals, of fixed assets during a given period plus certain addition to the value of
non produced assets done by the productive activity of producer or institutional units.
Fixed assets are tangible and intangible assets produced as outputs from processes
of production that are used by themselves and repeatedly, or continuously in process
of production for more than one year. The expenditure for military purposes are
classified as government expenditure not as capital formation.
• Exports of goods and services consist of transactions of goods and services from
residents to non-residents.
• Imports of goods and services consist of transaction of goods and services from nonresidents
to residents. Exports and imports of goods occur when there are changes
in ownership of goods between residents and nonresidents (with or without physical
movements of goods across frontiers).
• Growth rate of Gross Domestic Product (GDP) is derived from GDP at constant market
prices. It is obtained by subtracting the value of GDP year n with the value of GDP year
n-1, divided by the value of GDP year n-1 then multiplied by 100 percent. The growth
rate of GDP explains the income growth during the given period.
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Trends of Selected Socio-Economic Indicators of Indonesia, August 2012