Economy

Indonesia falls into recession for first time in two decades

GDP contracts 3.49% in Q3 as region's largest economy fought COVID ills

20201105 Indonesia GDP

People shop at a traditional market amid the coronavirus disease outbreak in Jakarta on Aug. 20. © Reuters

SHOTARO TANI, Nikkei staff writer
November 5, 2020 13:17 JST
Updated on November 5, 2020 15:09 JST

JAKARTA -- Indonesia fell into recession for the first time in two decades, as the coronavirus pandemic took its toll on Southeast Asia's largest economy.

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