Comparison of GDP Growth Rates for G20 Countries

 The countries with the most significant changes in GDP growth rates (both positive and negative) are:

Largest Positive Changes

1. Indonesia: Increased from -0.83% to 3.79% — a change of +4.62 percentage points.
2. Singapore: Increased from 0.4% to 2.1% — a change of +1.7 percentage points.
3. Netherlands: Increased from -0.3% to 1.0% — a change of +1.3 percentage points.
4. Mexico: Increased from 0.2% to 1.0% — a change of +0.8 percentage points.
5. Japan: Improved from -0.6% to 0.7% — a change of +1.3 percentage points.

Largest Negative Changes

1. Turkey: Decreased from 1.4% to 0.1% — a change of -1.3 percentage points.
2. Saudi Arabia: Decreased from 1.4% to 0.8% — a change of -0.6 percentage points.
3. India: Decreased from 1.7% to 1.3% — a change of -0.4 percentage points.
4. United Kingdom: Decreased from 0.7% to 0.5% — a change of -0.2 percentage points.
5. Euro Area and France: Both showed minor decreases, reflecting stable but slightly lower growth.

Key Insights

• Significant Rebounds: Indonesia and Singapore’s large positive changes highlight robust recovery in these economies, particularly in trade and domestic demand.
• Moderate Declines: Turkey shows the most notable drop, indicating economic challenges likely related to inflation and currency issues. Saudi Arabia’s decline, while smaller, may relate to oil price dynamics.

This analysis highlights countries experiencing the most dynamic shifts, both improving and declining, giving insight into their economic resilience or struggles.