GDP growth shows mixed picture across G20 countries in Q3: OECD

Growth rebounded strongly in Canada (from -0.5 per cent to 0.6 per cent) in Q3. Growth also turned positive in Italy (from -0.1 per cent to 0.1 per cent), while in Germany GDP stabilised (0.0 per cent) after a 0.2 per cent contraction in Q2. Growth increased sharply in Korea (from 0.7 per cent to 1.3 per cent), and more moderately in France (from 0.3 per cent to 0.5 per cent), India (1.8 per cent to 2.0 per cent), and China (1.0 per cent to 1.1 per cent).

By contrast, other G20 countries experienced either contractions or slower growth in Q3 compared with Q2 2025. GDP contracted in Japan and Mexico (by 0.6 per cent and 0.3 per cent, respectively). Growth slowed in Saudi Arabia (from 1.9 per cent to 1.4 per cent), Turkiye (1.6 per cent to 1.1 per cent), South Africa (0.9 per cent to 0.5 per cent), Australia (0.7 per cent to 0.4 per cent), and more marginally in Brazil, Indonesia, and the United Kingdom, the OECD said in a press release.

Compared with the same quarter of the previous year, GDP in the G20 area was 3.1 per cent higher in Q3 2025. Among available G20 economies, India recorded the highest year-on-year growth rate at 8.0 per cent, while Mexico recorded the lowest (-0.2 per cent).

ALCHEMPro News Desk (RR)