Indonesia witnessed a drop in GDP growth to 3.51% (YoY) in Quarter 3, 2021

November 17, 2021

As harsh lockdowns to contain COVID-19 spikes outweighed the effect of higher commodity prices and trade, Indonesia’s GDP only recorded a 3.51% growth (YoY) in Quarter 3 of 2021, showing a significant slowdown from Quarter 2’s growth of 7.07% (YoY).

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