OECD: Economic growth in the G20 slowed in the last quarter of last year

By: Trademagazin editor Date: 2021. 03. 16. 11:17

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Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year, compared with the previous quarter.

According to data posted on the website of the Paris-based organization on Monday, GDP growth in the G20 slowed to 2.1 percent in the fourth quarter of last year compared to the third quarter, when another 7.8 percent expansion was measured.

In the three months to the end of December last year, the highest economic growth was recorded in India, at 7.9 percent after a 23.7 percent expansion in the third quarter. (MTI)