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The impact of the Covid-19 outbreak on the world economy is also very devastating. In the first quarter of , economic growth in several of Indonesia's trading partner countries grew negatively, such as: Singapore , Hong Kong , the European Union and China experienced a decline of up to minus . Some countries still grew positively, but declined compared to the previous quarter. The United States fell from to , South Korea from to , and Vietnam from to . Indonesia experienced a quite deep contraction from in the 4th quarter of to growing only in the first quarter of . This quite deep contraction in the 1st quarter in Indonesia is unexpected considering that physical distancing regulations and PSBB began to be implemented at the beginning of April .
Source: kompas.com.
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