Business

India Leads G20 with Highest GDP Growth Rate

Economic Growth with 7% Increase

Arundhati Nautiyal

India Growth Rate in G20: There is big news for India's economy. Actually, India has achieved the highest 7% GDP growth rate in G20 countries.

India's Economy is Projected to Expand at the Quickest Rate

India's economy is expected to grow at the fastest pace in 2024 with a growth rate of 7 percent among the G20 countries. Among G20 countries, India is followed by Indonesia with 5 per cent growth this year and China third with 4.8 per cent.

India leads

In terms of growth rate among G20 countries, this year after India, Indonesia is second with a growth rate of 5 percent and China is third with 4.8 percent. Russia is fourth with a growth rate of 3.6 percent and Brazil is fifth with 3 percent.

At the same time, the African region is sixth with a growth rate of 3 percent and the US is seventh with a growth rate of 2.8 percent.

Projected GDP Growth Rate of G20 Countries?

India: 7%

Indonesia – 5 percent

China – 4.8 percent

Russia – 3.6 percent

Brazil – 3 percent

Africa – 3 percent

Türkiye – 3 percent

USA – 2.8%

Korea – 2.5 percent

Mexico – 1.5 percent

Saudi Arabia – 1.5 percent

Canada: 1.3 percent

Australia – 1.2 percent

France – 1.1 percent

European Union – 1.1 percent

UK: 1.1 percent

South Africa – 1.1 percent

Italy – 0.7 percent

Japan – 0.3 percent

Germany- 00

Argentina – minus 3.5 percent

G20 Summit begins

The 19th G20 Summit has begun in Brazil. Prime Minister Narendra Modi has reached Brazil's capital Rio de Janeiro on Sunday (November 17) to participate in the G20 Summit. The summit will run from November 18 to 19.

(Input From ANI)

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