OECD Forecasts Slowdown in Global GDP Growth in 2025

The Organization for Economic Cooperation and Development (OECD) has published a report predicting a decline in global GDP growth from 3.2 % in 2024 to 3.1 % in 2025.

The OECD is an international organization that unites 38 countries, most of which are countries with their citizens’ high incomes and high human development indexes. In particular, these are most of the European Union countries, Türkiye, the United States, Australia, Switzerland, Norway, South Korea, and Japan.

The reasons for the projected negative dynamics include trade protectionism, geopolitical instability, growing uncertainty in the fiscal and monetary policies of leading economies, and rising borrowing costs, which limits investment opportunities.

At the same time, the OECD experts expect economic growth in the EU to increase to 1.0 % in 2025, up from 0.7 % in 2024. Among the EU countries, positive GDP dynamics is projected for Germany (increase from -0.2 % in 2024 to 0.4 % in 2025), France (increase from - 0.3% in 2024 to 0.8% in 2025), and Italy (increase from 0 % in 2024 to 0.7 % in 2025).

As for China, economic growth is projected to decrease by 0.2 % (to 4.8 % in 2025). This indicates a gradual slowdown, but in comparison with other countries, it shows the resilience of the Chinese economy despite external pressure.