Indonesia's Economy Grew 5.06 Percent in the Third Quarter of 2017

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06/11/2017 12:18 WIB

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Indonesia's Quarterly Economic Growth (2014-2017)

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Indonesia's Quarterly Economic Growth (2014-2017)

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The Central Bureau of Statistics (BPS) today, Monday (November 6th), released data showing that Indonesia's economic growth in the third quarter of 2017 reached 5.06 percent compared to the same quarter of the previous year (YoY). This is the highest growth since the third quarter of 2016. Compared to the previous quarter, the growth was 3.18 percent. Indonesia's economy grew by 5.03 percent cumulatively through the third quarter of 2017.

From the production side, domestic economic growth in the third quarter of this year was driven by all business sectors, with the highest growth achieved in the services and other sectors at 9.45 percent. From the expenditure side, growth was driven by the export of goods and services, reaching 17.27 percent.

Indonesia's economy, based on the Gross Domestic Product (GDP) at current prices in the third quarter of 2017, reached Rp 3,502.3 trillion. Based on constant 2010 prices, it reached Rp 2,551.5 trillion.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Economy Grew 5.06 Percent in the Third Quarter of 2017

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Indonesia's Economy Grew 5.06 Percent in the Third Quarter of 2017

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