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Trade Outlook
GDP update for 4th quarter of 2020
February 11, 2021 15:28

Key Findings:   

·      Indonesia's economy in the 4th quarter of 2020 still contracted, thus indicating that the economy has not yet fully recovered. 

·       Household consumption and investment were behind the contraction in economic growth in the 4th quarter of 2020. 

·       Government spending was the main support for economic growth driven by the realization of social assistance programs.