GDP growth shows a mixed picture across G20 countries in the third quarter of 2025
you are currently viewing::GDP growth shows a mixed picture across G20 countries in the third quarter of 2025December 15, 2025-Gross Domestic Product (GDP) growth showed a mixed picture across the 16 G20* countries for which data was available1 in the third quarter of 2025. Growth picked up in seven countries compared with Q2 2025, fell in another seven countries, and two countries recorded a contraction. As a result, GDP growth in the G20*1 increased marginally to 0.8% in Q3 2025, up from 0.7% in the previous quarter, according to provisional estimates (Figure 1). Growth rebounded strongly in Canada (from -0.5% to 0.6%) in Q3 2025. Growth also turned positive in Italy (from -0.1% to 0.1%), while in Germany GDP stabilised (0.0%) after a 0.2% contraction in Q2. Growth increased sharply in Korea (from 0.7% to 1.3%), and more moderately in France (from 0.3% to 0.5%), India (1.8% to 2.0%), and China (1.0% to 1.1%). By contrast, other G20*1 countries experienced either contractions or slower growth in Q3 compared with Q2 2025. GDP contracted in Japan and Mexico (by 0.6% and 0.3%, respectively). Source: OECD.org |
June 11, 2026-The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group's latestGlobal Economic Prospects report.
Global growth is forecast to slow to 2.5% in 2026, down from 2.9% in 2025. Forecasts for two-thirds of economies have been downgraded relative to January of this year.