OPEC keeps 2025 world growth expectations at 3%

The Organization of Petroleum Exporting Countries (OPEC) left the global growth forecast for 2025 at 3% in its report on Monday, unchanged from last month’s estimate. OPEC said that the global economy remained on a healthy trajectory in the first half of the year, noting that the economic growth in the United States in the second quarter offset the weaker performance in the first quarter, which was impacted by tariff expectations. “The global economy is expected to sustain its growth path through the remainder of 2025 and into 2026,” OPEC predicted, adding that the global system is gradually adapting to trade disruptions. Economic growth in 2026 is seen at 3.1%, the same as in September. The US is projected to grow by 1.8% in 2025 and 2.1% in 2026, the Eurozone by 1.2% in both years, and China by 4.8% and 4.5% respectively.