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Monday, October 9, 2023

Real Gross Domestic Product for selected countries as of 2nd quarter 2023

 

The percentage changes in Real Gross Domestic Product from the previous year are:

India had the highest percentage change in Real GDP from the previous year, at 7.82%. This is followed by Indonesia, Russia, Mexico, and Brazil, all of which had percentage changes above 3%. The United States, Australia, Japan, and South Africa had percentage changes between 1% and 3%. Canada, France, and the Republic of Korea had percentage changes below 1%. Italy and Great Britain had percentage changes around 0.4%. Germany and Poland had negative percentage changes, meaning that their economies contracted from the previous year.

It is important to note that these percentage changes are in Real GDP, which is adjusted for inflation. This means that these numbers represent the real growth of the economy, not just the growth in nominal GDP due to inflation.

Overall, the percentage changes in Real GDP from the previous year are mixed. Some countries, such as India, Indonesia, and Russia, experienced strong economic growth. Other countries, such as Germany and Poland, experienced economic contraction. The United States, Australia, Japan, and South Africa experienced moderate economic growth.



























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