{"id":45216,"date":"2024-09-05T20:13:52","date_gmt":"2024-09-05T20:13:52","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies"},"modified":"2024-09-05T20:33:16","modified_gmt":"2024-09-05T20:33:16","slug":"global-developments-reflect-on-growth-data-of-national-economies","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies","title":{"rendered":"Global developments reflect on growth data of national economies"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>While the eurozone economies are searching for their course in the shadow of wars and conflicts following the COVID-19 pandemic, the growth trend in Asian countries continues.<\/p>\n

Among the G20 countries, Asian countries remained in first place, while India showed the fastest growth among the 20 largest economies with 6.7% in the second quarter of this year compared to the same period last year.<\/p>\n

Indonesia follows with a growth rate of 5.05% and China with 4.7%.<\/p>\n

Russia, despite its war with Ukraine, grew by 4%, while the US ranked fifth with 3.1% growth in the second quarter compared to the same period of 2023.<\/p>\n

Maintaining its growth trend for 16 quarters, Tu\u0308rkiye ranked eighth among developing countries with a growth rate of 2.5%.<\/p>\n

South Korea ranked ninth on the list with 2.3% and Mexico ranked 10th with 2.1%.<\/p>\n

In the April-June period of this year, the European Union\u2019s economy grew by 0.8% and the eurozone economy by 0.6% compared to the same period of 2023.<\/p>\n

On the other hand, the economy\u2019s growth rate in Germany, one of the locomotive countries of the EU, remained at zero percent.<\/p>\n

Saudi Arabia was the only G20 country to experience a contraction, at 0.4%.<\/p>\n

Among the Organization for Economic Co-operation and Development (OECD) member countries, Tu\u0308rkiye ranked in the top five with a growth rate of 2.5%, followed by Norway with 4.2%, Poland with 3.2%, the US with 3.1% and Spain with 2.9%.<\/p>\n

Ireland was the OECD country whose economy contracted the most, at 1.4%.<\/p>\n

Since the start of the Israel-Hamas war on Oct. 7 last year, the economy of Israel, which has continued its attacks on Gaza, spreading the war to other regions, contracted by 1.24% in the first quarter of the year and 1.35% in the second quarter.<\/p>\n

In addition, Finland’s economy contracted by 1.2%, Estonia’s economy by 1% and Iceland’s economy by 0.3% in the period.<\/p>\n

For More News And Analysis About Mauritius Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. While the eurozone economies are searching for their course in the shadow of wars and conflicts following the COVID-19 pandemic, the growth trend in Asian countries continues. Among the G20 countries, Asian countries remained in first place, while India showed the fastest growth among the 20 largest economies with 6.7% in the […]<\/p>\n","protected":false},"author":84,"featured_media":45215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[4192,140,382,241,2853],"class_list":["post-45216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-g-20","tag-gdp","tag-global","tag-mauritius","tag-oecd"],"yoast_head":"\nGlobal developments reflect on growth data of national economies - Mauritius<\/title>\n<meta name=\"description\" content=\"While the eurozone economies are searching for their course in the shadow of wars and conflicts following the COVID-19 p ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global developments reflect on growth data of national economies\" \/>\n<meta property=\"og:description\" content=\"While the eurozone economies are searching for their course in the shadow of wars and conflicts following the COVID-19 p ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-05T20:13:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-05T20:33:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/09\/sm_1725552101.920194.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Global developments reflect on growth data of national economies\",\"datePublished\":\"2024-09-05T20:13:52+00:00\",\"dateModified\":\"2024-09-05T20:33:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/09\/sm_1725552101.920194.jpg\",\"keywords\":[\"G-20\",\"GDP\",\"global\",\"Mauritius\",\"OECD\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/global-developments-reflect-on-growth-data-of-national-economies\",\"name\":\"Global developments reflect on growth data of national economies - 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