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GDP is growing fastest in these countries - what it means


India, Saudi Arabia, France and Turkey are leading the bounceback from COVID-19 across the G20 forum of the world’s major economies, according to new data.


The Organisation for Economic Co-operation and Development (OECD), a 38-country grouping that advises policymakers, estimates that in the third quarter of 2021, India enjoyed 12.7% growth in its Gross Domestic Product (GDP) – the value added by a country’s production of goods and services.


This was “mainly driven by fixed investment and private consumption”, the OECD said in its G20 GDP growth Quarterly National Accounts release, compared with a contraction of 11.6% in the previous quarter.


Read More at https://www.weforum.org/agenda/2022/01/oecd-gdp-growth-bounceback

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