Indonesia Composite Leading Indicator

OECD composite leading indicator, designed to anticipate turning points in economic activity (long-term average = 100).

Composite Leading Indicator in Indonesia decreased to 98.63 points in Sep 2026 from 98.76 points in Aug 2026.

98.63
▼ −0.13Sep 2026 · previous 98.76Monthly · index points · Source: OECD — Organisation for Economic Co-operation and Development

Indonesia Composite Leading Indicator — History

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Indonesia Composite Leading Indicator — analysis in simple words

Latest reading

Composite Leading Indicator in Indonesia decreased to 98.63 points in Sep 2026 from 98.76 points in Aug 2026.

It has fallen in each of the last three months.

Recent trend

A year earlier (Sep 2025) it was 101.31, so the latest figure is 2.69 lower.

Over the past five years the average was 99.74, with a range from 98.44 to 101.77. The latest value is below that five-year average.

Historical context

This data series starts in Jan 1994 and has 393 monthly observations. The latest reading is higher than 19% of all of them.

The highest value on record is 108.26 (Apr 1997) and the lowest is 89.14 (Jul 1998). The long-run average is 100.00.

Compared with other countries

Among 17 economies with recent data, Indonesia ranks 16th from the top. The median across all these economies is 100.73, so Indonesia is below the typical country.

Among 16 major economies tracked on this site it ranks 15th.

Within East Asia & Pacific (5 economies with data) it ranks 4th; the regional median is 99.95.

Statistics

Latest
98.63Sep 2026
Previous
98.76
5-year average
99.74
Long-run average
100.00since Jan 1994
All-time high
108.26Apr 1997
All-time low
89.14Jul 1998
Observations
393Monthly

Recent Data

PeriodValueChange
Sep 202698.63▼ −0.13
Aug 202698.76▼ −0.20
Jul 202698.95▼ −0.32
Jun 202699.27▼ −0.46
May 202699.73▼ −0.55
Apr 2026100.29▼ −0.55
Mar 2026100.84▼ −0.47
Feb 2026101.32▼ −0.32
Jan 2026101.64▼ −0.13
Dec 2025101.77▲ +0.03
Nov 2025101.74▲ +0.17
Oct 2025101.57▲ +0.26
Sep 2025101.31▲ +0.29
Aug 2025101.03▲ +0.28
Jul 2025100.75▲ +0.24
Jun 2025100.51▲ +0.18
May 2025100.32▲ +0.11
Apr 2025100.22▲ +0.01
Mar 2025100.21▼ −0.08
Feb 2025100.28▼ −0.11
Jan 2025100.40▼ −0.10
Dec 2024100.49▼ −0.05
Nov 2024100.54▲ +0.03
Oct 2024100.51▲ +0.11
Sep 2024100.41▲ +0.19
Aug 2024100.22▲ +0.22
Jul 2024100.00▲ +0.20
Jun 202499.79▲ +0.15
May 202499.65▲ +0.09
Apr 202499.55

Composite Leading Indicator — Indonesia vs Peers

Latest available reading for each economy (periods may differ). Indonesia highlighted.

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See all countries →

More Indonesia indicators

GDP Annual Growth Rate5.3%Q2 2026Interest Rate5.75%Sep 2026Inflation Rate3.3%Sep 2026Unemployment Rate3.2%2025Government Debt to GDP40.9%2025Balance of Trade$33.3B2025Current Account to GDP-0.1%2025GDP$1,445.6B2025GDP Growth Rate1.28%Q2 2026Business Confidence99.00Jun 2026
Indonesia economy overview →   Composite Leading Indicator — all countries →

Understanding Composite Leading Indicator — a simple guide

What it measures

The OECD Composite Leading Indicator (CLI) combines several forward-looking data series — such as business surveys, orders, share prices and interest-rate spreads — into one index designed to anticipate turning points in the economy.

How it is calculated

The OECD combines several leading series, smooths them, and scales the result so that 100 equals the long-term trend.

Simple example

A CLI moving from 99.5 to 100.3 over a few months suggests activity is turning up above trend.

▲ When it is high or rising

Above 100 and rising: growth above trend is expected.

▼ When it is low or falling

Below 100 and falling: a slowdown below trend is expected.

Why it matters for the economy and markets

Because it is built to turn before the economy does, the CLI is used to spot early signs of an upswing or a slowdown six to nine months ahead.

How to read it

A value above 100 means activity is expected to be above its long-term trend; below 100, below trend. The direction (rising or falling) matters as much as the level.

What to look at alongside it

Business confidence, industrial production and GDP growth.

Key terms

Leading indicator
A measure that tends to change before the overall economy does.
Amplitude adjusted
Scaled so swings are comparable across countries.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD CLI (amplitude adjusted)), monthly data from Jan 1994 to Sep 2026. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current composite leading indicator of Indonesia?
Indonesia composite leading indicator was 98.63 in Sep 2026, compared with 98.76 in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest composite leading indicator of Indonesia?
Since Jan 1994, the highest reading was 108.26 (Apr 1997) and the lowest was 89.14 (Jul 1998).
What does composite leading indicator measure?
The OECD Composite Leading Indicator (CLI) combines several forward-looking data series — such as business surveys, orders, share prices and interest-rate spreads — into one index designed to anticipate turning points in the economy.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.