OECD: G20 GDP growth remains stable in the 1st quarter, at 0.7%

The GDP (Gross Domestic Product) of the G20, as the group of the 20 largest economies in the world is known, remained stable at 0.7% in the first quarter of 2026 compared to the previous three months, according to preliminary data from a report published by the OECD (Organization for Economic Cooperation and Development) this Monday (15). According to the document, the result reflects a mixed scenario among the group's countries.

The OECD highlights that, among the G20 economies, growth accelerated in most countries during the period. GDP recovered strongly in South Korea, rising from -0.1% in the fourth quarter of 2025 to 1.8%, and Brazil also stood out, rising from 0.3% to 1.1%.

Growth accelerated, albeit more modestly, in the United Kingdom (from 0.2% to 0.6%), Japan (from 0.2% to 0.5%), the United States (from 0.1% to 0.4%), India (from 1.8% to 1.9%), China (from 1.2% to 1.3%), South Africa (from 0.4% to 0.5%) and Germany (from 0.2% to 0.3%).

Also according to the report, growth remained strong in Indonesia (at 1.4%) and remained unchanged in Italy (at 0.3%). Canada recorded zero growth, after contracting 0.2% in the fourth quarter of 2025.

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On the other hand, GDP growth weakened in five countries: Saudi Arabia (-1.2% after an increase of 1.3% in the previous quarter), Mexico (-0.6% after an increase of 0.7%), France (-0.1% after an increase of 0.2%), Turkey (from 0.4% to 0.1%) and Australia (from 0.9% to 0.3%).

Compared to the same quarter last year, the G20 GDP was 3.2% higher in the first quarter of 2026. Among the group's economies, India recorded the highest annual growth rate, at 8.0%, while Canada presented the worst performance, with a contraction of 0.1%.

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Source: CNN