Coronavirus threatens Indonesia outlook as growth slows in 2019

Economy expands at weakest pace in four years on weak consumption

A woman puts on a protective mask at Sudirman Station in Jakarta on Tuesday. The coronavirus is expected to hit the economies of Indonesia and its Southeast Asian peers in 2020. © Reuters

SHOTARO TANI, Nikkei staff writer

February 5, 2020 13:38 JST

Updated on February 5, 2020 15:10 JST

JAKARTA -- Indonesia's economy growth slowed for the first time in four years in 2019, mirroring similar slowdowns across Southeast Asia.

The archipelago's real gross domestic product rose 5.02% last year, down from 5.17% in 2018 and short of the government's 5.3% target, according to data from Badan Pusat Statistik, Indonesia's statistics agency, released on Wednesday.