The Organización para la Cooperación y el Desarrollo Económico (OECD) adjusted downward its global growth forecast for 2025, placing it at 3.1%, below the 3.3% estimated in december. The correction responds to a slowdown in the main economies, especially in the United States and the Eurozone.
The tightening of trade policies in Washington has negatively impacted its regional partners. In Canada, the growth forecast fell to 0.7%, almost three times lower than in december. In Mexico, the OECD cut its estimate by 2.5 points, anticipating that the country will enter recession this year.

The United States, whose President has threatened to escalate his trade war with key partners, will see GDP growth of 2.2% in 2025, followed by 1.6% in 2026. The OECD lowered its projections for the world’s largest economy by 0.2 and 0.5 points for 2025 and 2026, respectively.

The organization warns that growing trade tensions and political uncertainty are affecting confidence in global trade and investment. Since Donald Trump’s return to power, tariff measures have generated a brake on economic activity in various regions.

In this context, the OECD expects growth in North America to slow progressively as the new tariffs take effect. In both Mexico and Canada, the impact of these policies could translate into further economic contraction in the coming months.
You may also be interested in