Government Estimates Indonesia's Economy Contracts 0.2% | KF Map – Digital Map for Property and Infrastructure in Indonesia
Government Estimates Indonesia's Economy Contracts 0.2%
Tuesday, 15 September 2020

The government estimated that the economic growth at the end of 2020 will be minus 1.1% to minus 0.2% while the 2021 State Budget Draft is estimated between 4.5% and 5.5%. In the second quarter of 2020, the Central Bureau of Statistics (BPS) reported that Indonesia’s economic growth was recorded at minus 5.32%. In a Quarterly comparison, the economy contracted by 4.19% and cumulatively at 1.26%.

Share:
Back to News