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Al Jazeera
Al Jazeera
Business

OECD lifts global growth outlook as US, China outperform expectations

OECD China United States Economy Paris
The OECD says 'substantial uncertainty' is continuing to cloud the global outlook [Marco Ugarte/AP]

The Organisation for Economic Co-operation and Development (OECD) has upgraded its outlook for the global economy on the back of stronger-than-expected growth in the United States and China.

The global economy is forecast to grow 3.1 percent this year and 3.2 percent in 2025, the Paris-based organisation said on Thursday,

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