Economic growth
OECD sees Germany as bringing up the rear in terms of growth in 2025
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The global economy remains robust despite wars and crises. Germany is lagging behind in the new economic outlook from the industrialized nations organization OECD. But there are signs of an upswing.
According to a forecast by the OECD, Germany will be at the bottom of the industrialized countries in terms of economic growth next year. The Organization for Economic Cooperation and Development (OECD) announced in Paris that Germany is expected to grow by just 0.7 percent next year. Growth of 1.2 percent is expected in 2026.
The industrialized nations organization once again revised its forecast for German economic growth downwards. The OECD had already slightly lowered its forecast for Germany in September and predicted an economic increase of 1.0 percent for 2025. The OECD economic experts expect stagnation in Germany in the coming year.
High uncertainty about the financing and implementation of more climate-friendly production has reduced the confidence of investors and consumers in Germany. In addition, weak foreign demand has weighed on economic activity, according to the OECD economic outlook. However, exports are slowly recovering as demand from the most important trading partners increases.
Robust growth worldwide
Globally, the OECD expects economic growth of 3.3 percent next year and also in 2026. In the euro area, it assumes growth of 1.3 percent and 1.5 percent respectively.
The Paris-based Organization for Economic Cooperation and Development (OECD) brings together countries that are committed to democracy and a market economy. In addition to large economies such as Germany, the USA and Japan, emerging countries such as Mexico and Chile are now members.
dpa
Source: Stern