English 2019 Economic Growth

ECONOMIC ANALYSIS

2019 Economic Growth

The latest report from Statistics Indonesia shows that economic growth in 2019 was 5.02 percent. Calculated year-on-year, economic growth in the last quarter of 2019 was 4.97 percent compared to the same period in 2018.

Oleh ARI KUNCORO
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In terms of production, weaker growth in the last quarter of 2019 occurred especially in manufacturing, which contributes almost 20 percent to the gross domestic product (GDP). The figure dropped significantly from 4.14 percent year-on-year in the third quarter of 2019 to 3.66 percent year-on-year [...]