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G20 GDP growth accelerates to 0.9% in second quarter of 2017

Quarterly GDP in volume terms for the G20 
Percentage change on the previous quarter, s.a.


14/09/2017 - Growth of real Gross Domestic Product (GDP) in the G20 area accelerated to 0.9% in the second quarter of 2017, compared with 0.8% in the previous quarter, according to provisional estimates.  

Growth picked up strongly in Turkey, to 2.1% (as compared with 1.3% in the first quarter of 2017), the highest quarterly growth among G20 economies. Real GDP also increased significantly in China (by 1.7%, compared with 1.3% in the previous quarter), South Africa (by 0.6%, following a contraction of 0.1%) and in Australia and the United States (by 0.8%, compared with 0.3% in the previous quarter). Growth also picked up, although to a lesser extent, in India (to 1.4%, from 1.3%), Canada (to 1.1%, from 0.9%), Japan (to 0.6%, from 0.3%), and the United Kingdom (to 0.3%, from 0.2%).  


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