Economic growth slowed across major economies in the final quarter of 2025, OECD data released overnight shows.
The OECD figures revealed Gross Domestic Product (GDP) of 0.7 percent in the quarter, down from 0.9 percent in the previous quarter.
Australia was one of the exceptions to the trend, with growth lifting from 0.5 percent to 0.8 percent.
GDP in G20 countries was 3.2 percent higher in Q4 2025 than in the same quarter of 2024.
In the United States growth fell from 1.1 percent in Q3 to 0.2 percent in Q4, partly reflecting the impact of the government shutdown in the last quarter of the year.
“Growth (in the quarter) also slowed in Turkey (from 1.0 percent to 0.4 percent), and more marginally in France (0.5 percent to 0.2 percent) and India (2.1 percent to 1.8 percent),” the report said.
“Growth increased sharply in Japan (from -0.7 percent to 0.3 percent) and in Mexico (from 0.1 percent to 0.9 percent).
“More moderate accelerations were observed in Australia (0.5 percent to 0.8 percent), Brazil (0.0 percent to 0.1 percent), China (1.1 percent to 1.2 percent), Germany (0.0 percent to 0.3 percent), Italy (0.2 percent to 0.3 percent), Saudi Arabia (1.2 percent to 1.4 percent) and South Africa (0.3 percent to 0.4 percent).”
Growth was unchanged in Indonesia (at 1.3 percent) and the United Kingdom (at 0.1 percent).
Initial annual estimates indicated that G20 GDP growth slightly increased to 3.4 percent in the 2025 calendar year, compared with 3.2 percent in 2024.
India recorded the highest annual growth (7.5%), followed by Indonesia (5.1%) and China (5.0%), while Italy (0.2%) and Germany (0.5%) recorded the lowest.
The full data set is available here.
