GDP in the G20 area grew by 0.9% in the second quarter of 2025, up from 0.7% in the previous quarter, according to provisional estimates. While growth picked up slightly, it remained within the relatively narrow range of 0.7% to 0.9% recorded in preceding quarters. However, the picture was mixed among G20 countries.

Growth rebounded strongly in the United States (from -0.1% to 0.8%) and in Korea (from -0.2% to 0.7%) in Q2 2025. It also increased sharply in Türkiye (from 0.7% to 1.6%), South Africa (from 0.1% to 0.8%), and Saudi Arabia (from 1.1% to 1.7%). Increases were also recorded in Japan (from 0.1% to 0.5%), Australia and Mexico (from 0.3% to 0.6% in both countries), France (from 0.1% to 0.3%), and Indonesia (from 1.2% to 1.3%).

By contrast, the remaining G20 countries experienced either contractions or slower growth in Q2 compared with Q1 2025. GDP contracted in Canada (by 0.4%), Germany (by 0.3%) and Italy (by 0.1%). Growth slowed sharply in Brazil (from 1.3% to 0.4%) and, to a lesser extent, in the United Kingdom (from 0.7% to 0.3%), India (from 2.0% to 1.7%), and China (from 1.2% to 1.1%).

Compared with the same quarter of the previous year, GDP in the G20 area was 3.5% higher in Q2 2025, up from 3.3% in the previous quarter (Table 2). Among G20 economies, India recorded the highest year-on-year growth rate at 7.3%, followed by China (5.2%) and Indonesia (5.1%), while Germany recorded the lowest (0.2%).