OECD growth forecasts for CEE marginally more optimistic

According to the latest OECD outlook, global GDP growth is projected to strengthen slightly to 3.3% in 2025 and remain stable at this level through 2026. Euro area should develop at the pace of 1.3% in 2025, while Germany is expected to grow by 0.7% next year. The OECD has painted a picture of resilience. However, this optimism is tempered by significant uncertainties: geopolitical tensions, potential disruptions on energy markets or the future course of global trade. As far as CEE region is concerned, our 2025 GDP forecasts are mostly aligned with those of OECD. Yet, OECD remains slightly more optimistic regarding economic development of the region than we are in all countries but Romania. At this point our 2025 growth forecasts for Romania is at 2.8% as opposed to OECD projections of 2.6% GDP growth.