PENGARUH EKSPOR DAN IMPOR MIGAS TERHADAP CADANGAN DEVISA INDONESIA

Abstract

The purpose of this research was to analyze the influence of Oil and Gas Exports and Imports on Indonesia's Foreign Exchange Reserves in 2005-2020. The analytical method used in this research was multiple linear regression analysis. This study used secondary data obtained from the Indonesian Central Statistics Agency (BPS), with the type of time series data for 16 years, namely from 2005-2020. The data processing was carried out with the help of a computer application, namely the SPSS program.

The results of this research indicated that the Oil and Gas Export (X1) and Oil and Gas Import (X2) variables had a significant influence on Indonesia's Foreign Exchange Reserves in 2005-2020 simultaneously, but partially the Oil and Gas Export (X1) variable had a negative and significant influence on Indonesia's Foreign Exchange Reserves in 2005-2020. 2020 and the Oil and Gas Import variable (X2) had a positive and significant influence on Indonesia's Foreign Exchange Reserves for 2005-2020. The value of the coefficient of determination showed that the contribution of the Oil and Gas Exports and Oil and Gas Imports to Indonesia's Foreign Exchange Reserves in 2005-2020 was 69.2%. While the remaining 30.8% was influenced by other variables that were not included or variables that were not examined in this research model.