Economies of G20 countries to grow – a forecast from a reputable agency

12:20 - 1.09.2021


September 1, Fineko/abc.az. The COVID-19 pandemic led to stagnation in the economies of the G20 countries last year.

ABC.AZ reports that for this reason, there was a decrease of 3.2% in those countries.

Experts believe that in 2021 the economies of the G20 countries will grow by 6.2%. This is stated in the new forecast of Moody's Investors Service (Moody's).

In 2022, GDP of those countries is expected to increased by 4.5%.