Paris: The Organization for Economic Co-operation and Development (OECD) affirmed that it is profoundly upbeat about the performance of the global economy in 2025, despite the ramifications of US tariffs, heightened political uncertainty, and anticipated economic fragility.
According to Qatar News Agency, the global economy has demonstrated remarkable resilience this year, fueled by investments in artificial intelligence, central banks' interest rate cuts, and demand-supportive fiscal policies, the OECD outlined in its latest Global Economic Outlook released Tuesday.
It maintained its projection for global growth at 3.2 percent in 2025, with a slight slowdown to 2.9 percent in 2026 before rebounding to 3.1 percent in 2027, underscoring the robustness of the international economy in the face of multiple challenges.
Forecasts for the US economy appeared even more positive, with growth expected at 2 percent in 2025 and 1.7 percent in 2026, driven by substantial investments in software and technology, stock market stability, and mitigating tariff impacts after Washington concluded new trade agreements, reducing the effective import tariff rate to 14 percent by end-November, down from 15.4 percent in June, the outlook highlighted.
Within the Eurozone, the OECD anticipates growth of 1.3 percent in 2025 and 1.2 percent in 2026, while France is projected to grow by 0.8 percent this year and 1 percent in 2026 and 2027, and Germany is expected to register limited growth of 0.3 percent in 2025, rising to 1 percent in 2026 and 1.5 percent in 2027.
Founded in 1961, the OECD operates as a global platform to enhance economic progress and global trade through policy coordination and experience exchange.
It serves as a forum for policymakers to set global standards, tackle shared social, economic, and environmental challenges, and provide strategic policy analysis and innovation recommendations to confront global uncertainties.