Government Consumption Expenditure Q2 2020 Down 6.9%

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Yosepha Pusparisa 06/08/2020 10:10 WIB

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Indonesia's economic growth in Q2 2020 contracted by 5.32% compared to the same period in 2019. Government consumption expenditure declined by 6.9% in Q2 2020.

National Government Consumption Expenditure-Based GDP Growth

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Government Consumption Expenditure Q2 2020 Down 6.9%

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National Government Consumption Expenditure-Based GDP Growth

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Indonesia's economic growth in Q2 2020 contracted by 5.32% compared to the same period in 2019. Compared to the previous quarter, it also contracted by 4.19%.

Government consumption expenditure grew negatively by 6.90% in Q2 2020 compared to the same period in 2019. This is in contrast to Q1 2020, where it reached 3.75%, the highest among all expenditure types.

Besides the contraction in government consumption expenditure, other expenditure components also showed negative growth. Household consumption experienced the lowest contraction, falling to -5.51%. Meanwhile, exports of goods and services contracted by 11.66%.

Editor : Safrezi Fitra

"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."