ANKARA: While the eurozone economies are searching for their course in the shadow of wars and conflicts following the COVID-19 pandemic, the growth trend in Asian countries continues. Among the G20 countries, Asian countries remained in first place, while India showed the fastest growth among the 20 largest economies with 6.7% in the second quarter of this year compared to the same period last year. Indonesia follows with a growth rate of 5.05% and China with 4.7%. Russia, despite its war with Ukraine, grew by 4%, while the US ranked fifth with 3.1% growth in the second quarter compared to the same period of 2023. Maintaining its growth trend for 16 quarters, Trkiye ranked eighth among developing countries with a growth rate of 2.5%. South Korea ranked ninth on the list with 2.3% and Mexico ranked 10th with 2.1%. In the April-June period of this year, the European Union's economy grew by 0.8% and the eurozone economy by 0.6% compared to the same period of 2023. On the other hand, the economy's growth r ate in Germany, one of the locomotive countries of the EU, remained at zero percent. Saudi Arabia was the only G20 country to experience a contraction, at 0.4%. Among the Organization for Economic Co-operation and Development (OECD) member countries, Trkiye ranked in the top five with a growth rate of 2.5%, followed by Norway with 4.2%, Poland with 3.2%, the US with 3.1% and Spain with 2.9%. Ireland was the OECD country whose economy contracted the most, at 1.4%. Since the start of the Israel-Hamas war on Oct. 7 last year, the economy of Israel, which has continued its attacks on Gaza, spreading the war to other regions, contracted by 1.24% in the first quarter of the year and 1.35% in the second quarter. In addition, Finland's economy contracted by 1.2%, Estonia's economy by 1% and Iceland's economy by 0.3% in the period. Source: Anadolu Agency