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Indonesia's Economic Growth Among Highest in G20 in Q3 2022

Cindy Mutia Annur 09/11/2022 17:30 WIB

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Indonesia's economic growth rate in the third quarter of 2022 surpassed that of developed G20 nations, including China and the United States.

G20 Countries' Economic Growth (Q3 2022)

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Indonesia's Economic Growth Among Highest in G20 in Q3 2022

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G20 Countries' Economic Growth (Q3 2022)

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Indonesia's economy grew positively amidst a global economic slowdown. The Central Bureau of Statistics (BPS) reported that Indonesia's economy grew by 5.72% (year-on-year/yoy) in Q3 2022.

This achievement is relatively high among G20 countries, even surpassing the economic growth of developed nations such as China and the United States.

Based on data from Trading Economics, the G20 country with the highest economic growth up to Q3 2022 was Saudi Arabia, at 8.6% (yoy). India, which achieved the highest growth in Q2 2022, has yet to announce its latest growth data.

In Q3 2022, Singapore's economic growth rate was below Indonesia's, at 4.4% (yoy). China grew by 3.9% (yoy), and Spain by 3.8% (yoy).

Meanwhile, the G20 country with the lowest economic growth in Q3 2022 was France, at only 1% (yoy).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Economic Growth Among Highest in G20 in Q3 2022

Indonesia's Economic Growth Among Highest in G20 in Q3 2022

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Indonesia's Economic Growth Among Highest in G20 in Q3 2022

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