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A comparable rise was observed in the last quarter of 2025.
As per the OECD report, the economic conditions have gotten better in many nations. For instance, South Korea's GDP rose by 1.8% in January-March following a 0.1% drop in October-December. In Brazil, the growth rose to 1.1% from 0.3%, in the UK to 0.6% from 0.2%, in South Africa to 0.5% from 0.4%, and in India to 1.9% from 1.8%. Canada's GDP stayed the same following a 0.2% decline in the fourth quarter.
At the same time, Saudi Arabia's economy shrank by 1.2% in the first quarter (increased by 1.3% in October-December), whereas Mexico's dropped by 0.6% (rose by 0.7%).
The G20 economies expanded by 3.2% year-on-year in the first quarter, consistent with the growth observed in October-December 2025. India's GDP experienced the highest growth, rising by 8%, whereas Canada's economy shrank by 0.1%.
source: oecd.org
As per the OECD report, the economic conditions have gotten better in many nations. For instance, South Korea's GDP rose by 1.8% in January-March following a 0.1% drop in October-December. In Brazil, the growth rose to 1.1% from 0.3%, in the UK to 0.6% from 0.2%, in South Africa to 0.5% from 0.4%, and in India to 1.9% from 1.8%. Canada's GDP stayed the same following a 0.2% decline in the fourth quarter.
At the same time, Saudi Arabia's economy shrank by 1.2% in the first quarter (increased by 1.3% in October-December), whereas Mexico's dropped by 0.6% (rose by 0.7%).
The G20 economies expanded by 3.2% year-on-year in the first quarter, consistent with the growth observed in October-December 2025. India's GDP experienced the highest growth, rising by 8%, whereas Canada's economy shrank by 0.1%.
source: oecd.org
