Independent journal on economy and transport policy
13:49 GMT+1
This page has been automatically translated by Original news
In the first quarter of this year, gross domestic product in the G20 area fell by -3.4%
The largest contractions in GDP were recorded by China (-9.8%), France (-5.3%) Italy (-5.3%)
June 11, 2020
Among the G20 economies, in the first quarter of 2020, among the first, they have introduced strict measures to block activity recorded the largest declines in GDP, China fell by -9.8% and in France and Italy it fell by -9.8% down -5.3% in both countries. The GDP is Germany (-2.2%), Canada (-2.1%) also fell sharply. And United Kingdom (-2.0%), followed by Brazil (-1.5%), the United States and Korea (-1.3% in both countries) and Mexico (-1.2%). The contraction indonesia (-0.7%), Japan (-0,6%) Australia (-0.3%).
India (0.7%) Turkey (0.6%) were the only two G20 economies to show positive growth.
On an annual basis, GDP in the G20 area fell by -1.5% in the first quarter of 2020, after a growth of 2.8% in the quarter. Among the G20 economies, Turkey has recorded the highest annual growth (4.4%), while China recorded the largest annual contraction (-6.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
Among the G20 economies, in the first quarter of 2020, among the first, they have introduced strict measures to block activity recorded the largest declines in GDP, China fell by -9.8% and in France and Italy it fell by -9.8% down -5.3% in both countries. The GDP is Germany (-2.2%), Canada (-2.1%) also fell sharply. And United Kingdom (-2.0%), followed by Brazil (-1.5%), the United States and Korea (-1.3% in both countries) and Mexico (-1.2%). The contraction indonesia (-0.7%), Japan (-0,6%) Australia (-0.3%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
