GDP (Gross Domestic Product) growth showed a mixed picture across the 24 OECD countries for which data was available in the fourth quarter of 2025. Compared with Q3 2025, ten countries recorded an increase in GDP growth and two saw no change, while seven showed lower growth and five experienced a contraction. As a result, GDP growth in the OECD*1 slowed marginally to 0.3% in Q4 2025, down from 0.4% in the previous quarter, according to provisional estimates (Figure 1).
Looking at G7 countries, growth accelerated in Germany and Italy, reaching 0.3% in both countries, up from 0.0% and 0.2%, respectively, in Q3 2025. Growth in both countries was driven by increases in household and government consumption; in Italy an increase in investment also provided a positive contribution. By contrast, growth slowed in France in Q4 to 0.2% from 0.5% in the previous quarter, as destocking continued to weigh on growth. In Canada, GDP contracted in Q4 (-0.1%), after 0.6% growth in Q3, while growth in the United Kingdom remained at 0.1%. In Japan, GDP growth recovered in Q4 (0.1%), driven primarily by higher investment, after contracting in Q3 (-0.7%). GDP data for the United States was not yet available for Q4 at the time of publication of this release.
Among other OECD countries for which data was available, Lithuania recorded the highest quarter-on-quarter growth rate in Q4 (1.7%), followed by Israel and Poland (1.0% in both countries). In contrast, Ireland and Korea recorded contractions of 0.6% and 0.3%, respectively.
Initial annual estimates2 indicate that OECD*1 GDP growth increased to 1.7% in 2025, compared with 1.2% in 2024 and 1.1% in 2023 (Figure 2). Among the 24 OECD countries for which data was available, growth slowed in 12 countries and accelerated in 12 countries in 2025, with Ireland recording the highest annual growth in 2025 (12.6%). In contrast to the previous year, when seven countries recorded a contraction in GDP, all OECD countries for which data was available recorded positive growth in 2025.
- The OECD* and G7* aggregates exclude the United States (for the entire time series to ensure consistency over time), as Q4 2025 GDP data for the United States is scheduled to be published on 20 February 2026. The United States’ nominal GDP represented 34.1% of OECD GDP in 2024. The G20 aggregate, which usually lags one quarter, includes the United States.
- Based on quarterly seasonally and calendar adjusted data.
Methodology
Release dates
- Next release: 21 May 2026
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