Determinan PDB Negara Berkembang di Kelompok G-20

Abstract

This study aims to determine how much influence the variables Trade Openness, Foreign Direct Investment, External debt, and Inflation both partially and simultaneously have on GDP in 8 developing countries in the G-20 group. The type of research used is descriptive quantitative. The analytical method used in this study is to use panel data regression. The data used in this study is secondary data for the period from 2005 to 2023 GDP in 8 developing countries in the G-20 group . The data comes from world data bank. The result show that partially Trade Openness had a negative and significant effect on GDP. Foreign Direct Investment had a positive and significant effect on GDP. External debt had a positive and significant effect on GDP. Inflation had a positive and significant effect on GDP. Simultaneously the independent variables Trade Openness, Foreign Direct Investment, External debt, and Inflation have a positive and significant effect on GDP.