Jakarta – Indonesia's economy grew 0.2 percent last year following its collapse during the 1998 Asian financial meltdown, according to statistics released Wednesday. The Central Statistics Bureau said the economy expanded 5.8 percent in the fourth quarter alone from a year ago. The economy grew 0.9 percent in the previous quarter. The economy's 14 percent decline in 1988 caused massive riots and public protests and led to the ouster Indonesia's longtime authoritarian leader Suharto.

The statistics bureau said 1999 economic growth was mainly driven by domestic consumption – especially a 1.5 percent increase in household consumption and a 0.7 percent rise in government expenditure. It forecast the gross domestic product would grow by 4.0 percent in 2000.