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Indonesia Enters In Recession Period

People walk on pedestrian at Jakarta's business district in Jakarta on 6 November 2020. Indonesia has fallen into a recession for the first time in 22 years due to effects of the coronavirus pandemic. Indonesia has fallen into a recession for the first time in 22 years due to effects of the coronavirus pandemic. Southeast Asia’s largest economy shrank 3.49 percent on an annual basis in the third quarter 2020, as almost all gross domestic product (GDP) components fell amid the persistent rise in COVID-19 cases, Statistics Indonesia (BPS) announced on 5 November. (Photo by Afriadi Hikmal/NurPhoto)

Photo Details

Photo ID	#6163266
Date Taken	6 November 2020
Location	N/A
Photographer	Afriadi Hikmal/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Afriadi Hikmal/NurPhoto

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economy indonesia jakarta asia news social issue Recession Period effects time years coronavirus pandemic Statistics Indonesia recession percent components pedestrian GDP COVID cases Jakarta's business district persistent rise gross domestic product Southeast Asia’s largest economy annual basis Afriadi Hikmal NurPhoto quarter People No People

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