The G20 Gross Domestic Product (GDP) increased by 3.1% in the third quarter compared to the same period in 2024, with India leading with 8% and Mexico recording the lowest rate (-0.2%), it was announced today.
In a statement released today, the Organization for Economic Cooperation and Development (OECD) states that, overall, GDP growth in the G20 increased marginally to 0.8% in the third quarter, but presented a mixed picture in the 16 countries that had data available, the OECD announced today.
Quarter-on-quarter G20 GDP growth was 0.7% in the second quarter, according to flash estimates.
Growth rebounded strongly in Canada (from -0.5% to 0.6%) in the third quarter of 2025.
GDP also became positive in Italy (from -0.1% to 0.1%), while in Germany GDP stabilized (0.0%) after a contraction of 0.2% in the second quarter.
Growth increased sharply in Korea (from 0.7% to 1.3%), and more moderately in France (from 0.3% to 0.5%), India (from 1.8% to 2.0%) and China (from 1.0% to 1.1%).
On the other hand, other G20 countries experienced contractions or slower growth in the third quarter compared to the second quarter of 2025.
GDP contracted in Japan and Mexico, by 0.6% and 0.3%, respectively.
Growth slowed in Saudi Arabia (from 1.9% to 1.4%), Turkey (from 1.6% to 1.1%), South Africa (from 0.9% to 0.5%), Australia (from 0.7% to 0.4%), and more marginally in Brazil, Indonesia and the United Kingdom.