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The OECD Economic Outlook projects the global GDP growth. Its latest report has been recently published. Overall, according to the OECD, the global economy has remained resilient in 2024 and the forecast for 2025 is positive, especially for emerging economies in Asia.
While global growth is expected to remain stable and inflation to fall, how much growth will some of the world’s strongest economies experience in 2025? Click through the gallery to find out.
The world’s economy remains overall stable, with a 3.3% projected global GDP growth forecast for 2025.
Inflation rates fell overall globally throughout 2024 and are expected to fall further in 2025. With this in mind, let's take a look at the OECD forecast.
The European powerhouse will see the slowest growth among major developed economies in 2025. Germany has an expected 0.7% growth for next year.
With a predicted 0.9% growth, the European nation will still make progress in comparison to the 0.5% growth of 2024.
The country’s turbulent political landscape has influenced the drop in the OECD 2025 economic forecast. As it stands, France has an expected growth of 0.9% for next year.
It’s hard to imagine how a nation at war will grow, but Russia managed to do. The nation has a predicted 1.1% growth in 2025.
After a 0.5% contraction in 2024, a forecast of 1.1% growth is very much welcomed in 2025. Austria is expected to experience lower inflation and interest rates next year.
The OECD May 2024 forecast predicted a 1.4% growth for Mexico in 2025. This figure has dropped to 1.2% in its updated December 2024 report.
New Zealand will see a drop in inflation in 2025, though the central bank has warned about a possible recession. The OECD expects the nation’s economy to grow 1.4% next year.
The Japanese economy is projected to grow 1.5% in 2025. The forecast is pretty good news, considering the nation has experienced a contraction of 0.3% this year.
South Africa's forecast will improve on 2024’s 1% growth. For 2025, the OECD predicts a growth of 1.5%.
The Netherlands experienced a 0.9% growth in 2024, but next year, things will be different, according to the OECD forecast. The Dutch economy is expected to see a 1.6% growth in 2025.
The UK is one of the strongest economies in the world, and is set to continue to grow in 2025. The forecast points to a 1.7% increase, but the British economy is far from its heyday. The country is expected to have the highest inflation rate among the G7 in 2025.
Australia’s forecast dropped 0.3% since the interim forecast in May. The OECD predicts that Australia will have a 1.9% growth in 2025. The rate is expected to rise to 2.5% in 2026.
The forecast for Canada is positive. The North American nation is expected to experience a 2.0% growth. Inflation fell to 2.4% this year and the trend is expected to continue next year.
Exports, in particular, are boosting the South Korean economy in 2025. The OECD predicts a growth of 2.1% for next year.
The South American nation has been experiencing steady growth over the past year. In 2025, the Brazilian economy is expected to grow 2.3%.
The forecast for the European country falls within the ideal GDP growth rate for a developed economy (between 2% and 3%). Spain is expected to experience a 2.3% growth.
The US continues to grow in 2025. The new Trump administration may influence the real numbers next year, but so far, the prediction is for 2.4% growth.
The Turkish economy is quite positive, with a GDP growth rate of 2.6%. Tourism and exports are among the catalysts of the country's economy.
Inflation is expected to drop from 6.7% to 4.3% in 2025 and even further the year after. This positive outlook was taken into account when predicting a 2.7% growth for Colombia in 2025.
The Arab nation’s economy will continue to grow in 2025. According to the OECD a projection of 3.6% is expected. Diversification beyond oil production has been key in the country’s economic development.
The South American country is going through a recession, but the economy is expected to improve in 2025. The forecast predicts a 3.6% growth next year.
Although Ireland's economy contracted in 2024, the OECD predicts a 3.7% growth for 2025.
One of the world’s strongest economies, China will continue to grow steadily in 2025. While it might not reach its 2024 peak of 4.9%, the OECD predicts a growth of 4.7% for next year.
With falling inflation, cuts in interest rates, and high consumer confidence, Indonesia’s economy is expected to grow by 5.2% in 2025.
India takes the top spot for GDP growth rate in 2025. According to the OECD’s latest report, the country is predicted to have a whopping 6.9% growth in 2025.
Sources: (OECD) (Love Money)
See also: The countries with the highest and lowest minimum wages
2025 economic growth predictions by the OECD
Here's the forecast for the global GDP growth
LIFESTYLE Money
The OECD Economic Outlook projects the global GDP growth. Its latest report has been recently published. Overall, according to the OECD, the global economy has remained resilient in 2024 and the forecast for 2025 is positive, especially for emerging economies in Asia.
While global growth is expected to remain stable and inflation to fall, how much growth will some of the world’s strongest economies experience in 2025? Click through the gallery to find out.