World Bank2019-12-172019-12-172019-12https://hdl.handle.net/10986/33033Amid challenging global economic conditions and a substantial deterioration of its terms-of-trade, Indonesia’s economic growth decelerated to 5.0 percent in the third quarter of 2019, from 5.1 percent in Q2. Domestic drivers of growth slowed. Fixed investment growth weakened further in Q3 given the significant decline in commodity prices, and as political uncertainty lingered prior to the announcement of the new cabinet. Total consumption also slowed, with Government consumption decelerating markedly. This weakness in domestic demand was mirrored by a large contraction of import volumes, which together with flat exports meant that net exports made a large contribution to growth.CC BY 3.0 IGOECONOMIC GROWTHECONOMIC OUTLOOKFISCAL TRENDSCURRENT ACCOUNT DEFICITCOMMODITY PRICESLABOR MARKETPOVERTYSOCIAL PROTECTIONReportWorld Bank10.1596/33033