Egypt aspires restoring its real GDP growth (economic growth) levels of 2019, when it registered 5.6% that made her the fastest growing economy in the region.
In this infographic, FollowICT showcases the latest forecasts for the Egyptian economic growth during the current FY2024/2025, which end at end of June 2025, and the upcoming FY2025/2026, which ends at end of June 2026. These are the expectations of four of the largest international financial institutions and development banks; the International Monetary Fund (IMF), The World Bank (WB), the European Bank for Reconstruction and Development (EBRD), and the African Development Bank (AfDB).
These projections come amid unprecedented challenges the Egyptian economy witnesses as a result of the global and regional geopolitical tensions.
The Egyptian economy is expected to continue growing, though at a slower pace, with several factors influencing its trajectory, including the ongoing efforts to improve the business environment and reduce bureaucracy, themMega-projects like the New Administrative Capital and the development of the Suez Canal Economic Zone which both are expected to contribute to long-term growth. Additionally, Egypt is working to expand trade ties with Africa and other regions, alongside its ties to the Gulf States, Europe, and China.