About This Statistic
The statistic shows the growth of the real gross domestic product (GDP) in the G20 from the second quarter of 2014 to the second quarter of 2016. The G20 are the group of the twenty most significant industrial and emerging economies. The G20 is made up of 19 states and the European Union. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In the third quarter of 2014, the real GDP in the G20 grew by 0.9 percent compared to the previous quarter.