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OECD GDP slows to 0.2% amid mixed performance in Q3

23 Nov '25
2 min read
OECD GDP slows to 0.2% amid mixed performance in Q3
Pic: Shutterstock

Insights

  • OECD GDP growth slowed to 0.2 per cent in the third quarter of 2025 as member countries showed mixed performance.
  • France and Canada saw stronger growth, while Japan contracted and the UK slowed.
  • Germany and Italy recorded zero growth. Israel posted the strongest rebound at 3.0 per cent, while several others, including Finland and Mexico, contracted.
OECD GDP growth eased to 0.2 per cent in the third quarter (Q3) 2025, down from 0.4 per cent in the previous quarter. Compared with the second quarter (Q2), twelve countries recorded stronger growth, three saw no change, five reported slower growth, and another five experienced contractions.

Looking at G7 countries, growth accelerated in France, reaching 0.5 per cent, up from 0.3 per cent in Q2 2025, sustained by foreign trade as exports accelerated and imports decreased. Canada’s growth recovered in Q3 to 0.1 per cent, from -0.4 per cent in the previous quarter. In Japan, GDP contracted by 0.4 per cent in Q3, after 0.6 per cent growth in Q2. Foreign trade was the main drag on Japanese growth, with exports decreasing in Q3. The United Kingdom saw a slowdown from 0.3 per cent in Q2 to 0.1 per cent in Q3, as destocking continued. Germany and Italy recorded zero growth in Q3, after contractions of 0.2 per cent and 0.1 per cent, respectively, in Q2.

Among other OECD countries, Israel saw the largest acceleration, with growth rebounding to 3.0 per cent in Q3, after contracting by 1.1 per cent in Q2. In contrast, Finland, Ireland, Lithuania, and Mexico recorded contractions between 0.1 and 0.3 per cent in Q3.

Year-on-year, OECD GDP growth slowed slightly in Q3 compared with Q2, from 1.7 per cent to 1.5 per cent. Among available G7 economies, the United Kingdom recorded the highest annual increase (1.3 per cent), while Germany recorded the lowest (0.3 per cent).

ALCHEMPro News Desk (RR)

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