(MENAFN) OECD data declared that Gross domestic product (GDP) of the G20 area in the April-June period of 2021 surpassed its pre-pandemic level by 0.7 percent, driven by China that witnessed the highest rebound rates (8.2 percent and 8.8 percent, respectively) together with Turkey.
The global body declared that "However, the majority of countries are still lagging behind pre-pandemic levels, with India experiencing the largest gap (minus 8.1 percent), followed by the UK (minus 4.4 percent) and Italy (minus 3.8 percent)."
It further stated that “this figure conceals large differences in the growth observed across countries," adding that GDP of the G20 area increased by 0.4 percent in the second three months, dropped from 0.9 percent in January-March period.
GDP growth decreased in Turkey to 0.9 percent, from 2.2 percent; Korea to 0.8 percent, from 1.7 percent; and Australia to 0.7 percent, from 1.9 percent.
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