Overview of G20 Economic Performance
The Organisation for Economic Co-operation and Development (OECD) reported preliminary data indicating that the GDP growth of G20 countries accelerated to 0.9% in the second quarter of 2025, up from 0.7% in the preceding three months.
Key G20 Economies’ Performance
- United States: GDP growth was 0.8% in Q2 2025, after a -0.1% decline at the start of the year.
- South Korea: GDP growth was 0.7% in Q2 2025, following a -0.2% decline at the beginning of the year.
- Sudáfrica: GDP growth increased from 0.1% to 0.8%, and
- Saudi Arabia: GDP growth rose from 1.1% to 1.7%.
- Japan: GDP growth increased from 0.1% to 0.5%.
- Australia and Mexico: GDP growth increased from 0.3% to 0.6% in both countries.
- France: GDP growth increased from 0.1% to 0.3%.
- Indonesia: GDP growth increased from 1.2% to 13%.
Economies with Declines or Slower Growth
Canada, Germany, and Italy experienced GDP declines of -0.4%, -0.3%, and -0.1% respectively in Q2 2025.
Growth rates slowed considerably in Brazil (from 1.3% to 0.4%), the United Kingdom (from 0.7% to 0.3%), India (from 2% to 1.7%), and China (from 1.2% to 1.1%) during the same period.
Annual GDP Growth Comparison
Compared to the previous year, the G20 group’s annual GDP growth remained steady at 3.5%. Among the G20 economies, India led with a 7.3% annual growth rate, followed by China at 5.2%, Indonesia at 5.1%, while Germany registered the lowest growth rate of 0.2%.
Key Questions and Answers
- What is the G20? The Group of Twenty (G20) is an international forum for governments and central bank governors from 19 individual nations and the European Union. It aims to promote international financial stability, global economic growth, and cooperation on major economic issues.
- Why is the G20 GDP growth rate important? The G20 GDP growth rate is a crucial indicator of the overall health and performance of the global economy. It reflects trends in production, employment, and income levels across major economies.
- Which countries showed the most significant growth in Q2 2025? Sudáfrica, Saudi Arabia, Japan, Australia, Mexico, France, and Indonesia all experienced notable GDP growth increases in Q2 2025.
- Which countries experienced declines or slower growth in Q2 2025? Canada, Germany, Italy, Brazil, the United Kingdom, and India all experienced declines or slower growth in Q2 2025.
- What was the annual GDP growth rate for the G20 in 2025? The annual GDP growth rate for the G20 remained stable at 3.5% in 2025.
