Indonesia's GDP in 2007 recorded at 6.32 percent

The Central Bureau of Statistics (BPS) announced that Indonesia's gross domestic product (GDP) in 2007 was recorded at 6.32 percent. BPS deputy chief for statistical and balance sheet analysis Slamet Soetomo said the 2007 GDP was slightly higher than the government's target of 6.3 percent. "For the fourth quarter of 2007, year-on-year growth was 6.25 percent," he said. Factors that had affected and constrained economic growth in the fourth quarter of last year included floods, other natural disasters, the world oil price hikes and the subprime mortgage crisis in the United States. (http://www.antara.co.id/en/arc/2008/2/15/ris-gdp-in-2007-recorded-at-632-pct/)