In 2025, the moderate global growth continued at roughly the same level as the previous year but remained shaped by geopolitical tensions, trade uncertainties and structural challenges. Inflation continued to ease in many regions, albeit at varying speeds, while productivity and structural reform remained sluggish in many regions. According to the January 2026 World Economic Outlook Update published by the International Monetary Fund (IMF), the global economy grew by 3.3% in 2025.
According to statistical office Eurostat, gross domestic product (GDP) in the eurozone rose by 1.5% year-on-year in 2025. For France and Italy, the IMF recorded growth rates of 0.8% and 0.5%, respectively, while Spain’s economy grew by 2.9%. GDP in Germany rose by 0.2% according to the Federal Statistical Office. The United Kingdom achieved growth of 1.4% according to the IMF.
In North America, the USA posted GDP growth of 2.1% in 2025, according to the IMF. For Canada and Mexico, the IMF recorded growth of 1.6% and 0.6%, respectively. Other countries in the Americas also saw continued economic growth in 2025. For Brazil, for example, the IMF recorded GDP growth of 2.5%.
Asian countries also recorded a continued economic revival in the year under review, according to the IMF. Continued significant growth was achieved in 2025 by India’s economy, with GDP growth of 7.3%, by China, with growth of 5.0%, and by the Association of Southeast Asian Nations (ASEAN), with GDP growth of 4.2%. After a negative growth rate in 2024, Japan recorded GDP growth of 1.1% according to the IMF.
