Gross domestic product (GDP) growth in the G20 states 2nd quarter 2023
The statistic shows the growth of the real gross domestic product (GDP) in the G20 states in the second quarter of 2023. The G20 are a group of twenty major industrial and emerging economies, consisting of 19 countries and the European Union. Gross domestic product refers to the total value of all goods and services produced during the year within a country and end use intended. It is considered an important indicator of the economic strength of a country. Real gross domestic product considers the price development. A positive change is referred to as economic growth. In Indonesia, the real gross domestic product grew by 0.8 percent in the second quarter of 2023, compared to the previous quarter.