India has the highest growth rate (7.0%) among BRICS nations, indicating strong economic performance compared to its peers.
China follows with 4.8%, a significant growth rate but lower compared to its historical standards.
Russia and Brazil exhibit moderate growth (3.6% and 3.0%), possibly influenced by their geopolitical and economic conditions.
South Africa shows relatively slower growth at 1.1%.
Among the G7:
The US shows a solid growth rate of 2.8%, higher than other G7 members.
Canada, UK, and France all hover around 1.1-1.3%, indicating moderate economic expansion.
Saudi Arabia, invited to BRICS, is showing 1.5% growth, reflecting its ongoing economic diversification efforts beyond oil.
Overall, the figures indicate that emerging markets (BRICS) generally have stronger growth compared to advanced economies (G7).
No comments:
Post a Comment