"In the G20 area, GDP growth saw a mixed performance in Q1 2025, with overall growth of 0.8%, as contractions were noted in Korea and the U.S."
"Brazil's significant growth acceleration from 0.1% to 1.4%, along with improvements in the UK and other countries, contrasts sharply with the slowdowns in Korea and Japan."
In the first quarter of 2025, the G20 area's GDP rose by 0.8%, a slight decline from the previous quarter's 0.9%. Country-wise, Korea and the United States experienced contractions of 0.2% and 0.1%. Growth also slowed in Türkiye and Japan, while countries like Brazil and the United Kingdom showed improvements. Year-on-year, G20 GDP was 3.4% higher, led by India with 6.9% growth. The economic landscape varies considerably among G20 nations, reflecting both stabilization and downturns.
Read at London Business News | Londonlovesbusiness.com
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