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12:53 GMT 23.03.2025 (Updated: 13:29 GMT 23.03.2025)
MOSCOW (Sputnik) – Russia emerged as the G20’s third-fastest growing economy in 2024, with its gross domestic product (GDP) expanding 4.1% for a second straight year, a Sputnik analysis of national statistical data has showed.
The Indian economy grew the fastest in 2024 despite its growth slowing down to 6.7% from 8.8% in 2023. China and Indonesia came in second after seeing their economies grow 5% apiece.
Brazil ranked fourth, with its economic growth speeding up to 3.4% from 3.2% a year earlier, while Turkiye ranked fifth, with its economy growing 3.2%, down from 5.1% in 2023.
Argentina and Germany were the only major economies that saw a decline last year, with their GDP falling for a second consecutive year. The Saudi Arabian economy finally rebounded from the 2023 recession and expanded 1.3% in 2024.
