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The Fastest Growing Countries Revealed! Turkey at the Top

Growth rates of OECD countries have been announced. Turkey and Spain shared the top spot with a growth rate of 3.2%. Turkey continues its growth with the economic program it implemented last year and the performance it displayed. Turkey shared the first place among the Economic Cooperation and Development Organization (OECD) countries with a 3.2% growth rate for the year 2024 along with Spain. Poland followed Turkey and Spain with a growth rate of 2.9%. The US followed this country with 2.8%, Lithuania with 2.7%, and Norway with 2.1%. Contractions were observed in Austria and Germany, among the OECD countries whose gross domestic product data were released. Consequently, Austria was the country with the most shrinking economy with a 1% decrease, followed by Germany with a 0.2% contraction. In the G20 countries, Indonesia was the fastest-growing economy with 5.03%, followed by China with 5% and Russia with 4.1%. Among the G20 countries that announced growth data for 2024, Turkey shared the fourth place with Spain. The growth rate of India among the G20 countries will be announced at 3 a.m. Turkish time today. It is estimated that the Indian economy grew by 6.4% in 2024. With this estimation, it is expected that India will rise to the top spot in the G20. As a result, Turkey and Spain will be among the top 5 in the G20 countries.

The Fastest Growing Countries Revealed! Turkey at the Top

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The Fastest Growing Countries Revealed! Turkey at the Top

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