OECD Economic Growth Rebounds in Q2 2025
(MENAFN) Economic output, as measured by gross domestic product (GDP), expanded by 0.4% across the OECD region during the second quarter of 2025.
This marks a noticeable improvement from the 0.2% growth seen in the first quarter, largely driven by the resurgence of the United States economy.
"This marks a return to the relatively stable growth rates of around 0.4% to 0.5% observed in preceding quarters," stated the OECD in a report released on Wednesday.
Similar trends were observed within the G7 nations, where economic activity also gained momentum, with GDP growth increasing from 0.1% to 0.4%.
The United States played a pivotal role in this upturn, with its GDP rising by 0.7% during April to June, rebounding from a slight dip of 0.1% in the previous quarter.
"Among the other G7 economies, France and Japan recorded more modest improvements, with GDP growth rising from 0.1% to 0.3% in both countries," the OECD report continued.
Meanwhile, Canada's economy showed no change after registering a 0.5% rise in the initial quarter of the year.
In the United Kingdom, the pace of economic expansion dropped from 0.7% to 0.3%, primarily due to a sharp 1.1% decline in investment activity, following a 2.0% boost in the first three months.
Germany and Italy both faced economic contraction.
Germany’s GDP fell from 0.3% to -0.3%, primarily as a result of decreased goods exports. Italy also saw a minor decline, slipping from -0.1%.
"Across the rest of the OECD, the situation was similarly mixed. Of the 23 countries with available data, 13 recorded higher growth rates compared with Q1 2025," the OECD report concluded.
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