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Key findings: global growth -

The world’s economy remains overall stable, with a 3.3% projected global GDP growth forecast for 2025.

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Key findings: inflation rates -

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.

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Germany -

The European powerhouse will see the slowest growth among major developed economies in 2025. Germany has an expected 0.7% growth for next year.

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Italy -

With a predicted 0.9% growth, the European nation will still make progress in comparison to the 0.5% growth of 2024.

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France -

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.

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Russia -

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.

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Austria -

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.

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Mexico -

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.

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New Zealand -

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.

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Japan -

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.

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South Africa -

South Africa's forecast will improve on 2024’s 1% growth. For 2025, the OECD predicts a growth of 1.5%.

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Netherlands -

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.

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United Kingdom -

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.

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Australia -

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.

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Canada -

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.

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South Korea -

Exports, in particular, are boosting the South Korean economy in 2025. The OECD predicts a growth of 2.1% for next year.

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Brazil -

The South American nation has been experiencing steady growth over the past year. In 2025, the Brazilian economy is expected to grow 2.3%.

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Spain -

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.

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United States -

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.

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Turkey -

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.

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Colombia -

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.

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Saudi Arabia -

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.

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Argentina -

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.

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Ireland -

Although Ireland's economy contracted in 2024, the OECD predicts a 3.7% growth for 2025.

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China -

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.

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Indonesia -

With falling inflation, cuts in interest rates, and high consumer confidence, Indonesia’s economy is expected to grow by 5.2% in 2025.

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India -

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

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