ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Indonesia GDP grows 7.07% in Q2 for first expansion in 5 quarters

But social restrictions to curb delta variant set to slow economy in coming months

A general view of the skyline of Jakarta, the capital city of Indonesia, on August 5.   © Reuters

TOKYO -- Indonesia's economy grew for the first time in five quarters in the April-June period, recording its strongest expansion in more than a decade.

Indonesia's real gross domestic product rose 7.07% in the second quarter from a year earlier, data from the country's statistics agency showed Thursday, faster than the median forecast of 6.57% by 22 analysts polled by Reuters. This was the fastest GDP growth since the fourth quarter of 2004, according to data from CEIC. The expansion was given a leg up from a low base effect, with GDP having contracted 5.3% in the same period last year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more