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

Indonesia's GDP bounce softens to 3.51% in Q3

Latest data shows significant drop-off from Q2 spurt of 7.07%

A shopping mall in Jakarta. Over 75% of the Indonesian capital's population has been fully vaccinated, which has acted as a booster shot for the entire nation's economy.   © Reuters

JAKARTA -- Indonesia's economy in the third quarter continued to bounce back from its COVID-induced slowdown, albeit at a slower pace than the previous quarter.

Indonesia's real gross domestic product rose 3.51% in the third quarter from a year earlier, according to data that the country's statistics agency released on Friday. This was weaker than the median forecast of 3.76% by 21 analysts polled by Reuters. The country's finance ministry had forecast year-on-year GDP growth of 4.5% for the three months ended in September.

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