US Edition
OECD Cuts Global Growth Forecast In Light Of Tariff Threat
- The OECD released its latest Economic Outlook on Tuesday, cutting the global growth forecast for 2025 due to tariff risks and uncertainties.
- The revised forecast reflects ongoing trade tensions, mainly from tariffs imposed since mid-May, which are expected to dampen trade, investment, and confidence.
- The report highlights slower global growth from 3.3 percent in 2024 to 2.9 percent in 2025 and 2026, with the largest slowdowns in the US, Canada, Mexico, and China.
- India is expected to experience 6.3 percent economic growth in 2025, supported by robust consumer spending, steady performance in the services and manufacturing sectors, and continued investment in infrastructure.
- The OECD urges governments to keep markets open and resolve trade tensions to avoid inflationary pressures and support global growth recovery.
15 Articles
15 Articles
The Organisation for Economic Cooperation and Development (OECD) expects Chile to grow in 2025 at the same level as it saw in its last report last December, when the world still did not face the pessimism of the effects of US President Donald Trump’s tariff policy and its repercussions. “Growth remains resilient despite global risks,” said the OECD on Chile in its global outlook report. Against this background, the OECD maintained the projection…
'From duties and trade barriers negative impact'. Italy's growth will increase from 0.7% in 2024, to 0.6% in 2025, and then return to 0.7% in 2026, according to the economic outlook (ANSA)
Against the background of uncertainty about the economy, the forecasts of world GDP are revised downwards on 3 June by the Organisation for Economic Co-operation and Development and a growth of 2.9 per cent by 2025 is expected.
Market Consensus Link Securities According to the new report published by the OECD, its analysts expect the growth of the world's Gross Domestic Product (GDP) to slow down this year, with projected growth of 2.9% both in 2025 and in 2026, less than 3.3% last year. These analysts justified these weaker prospects to the growing global uncertainty, driven mainly by changes in US trade policies. In their report the OECD warns that a greater number …
Global GDP growth to slow down to 2.9 pct in 2025, 2026
Global GDP growth is projected to slow from 3.3 percent in 2024 to 2.9 percent this year and the next year, the Organization for Economic Cooperation and Development (OECD) said on Tuesday. In its latest Economic Outlook, the OECD revised down its global growth forecast, citing a technical assumption that existing tariff rates as of mid-May will remain in place, despite ongoing legal disputes. The organization warned that if current trends persi…
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