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, Anadolu reports.

Since the start of the Israel-Hamas conflict on Oct 7 last year, the economy of Israel, which has continued its attacks on Gaza, spreading the conflict to other regions, contracted by 1.24 per cent in the first quarter of the year and 1.3pc in the second quarter.

Among the G20 countries, Asian countries remained in first place, while India showed the fastest growth among the 20 largest economies with 6.7 per cent in the second quarter of this year compared to the same period last year.

Indonesia follows with a growth rate of 5.05pc and China with 4.7pc.

Russia, despite its war with Ukraine, grew by 4pc, while the US ranked fifth with 3.1pc growth in the second quarter compared to the same period of 2023.