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IMF projects Egypt GDP at 4.7%
The International Monetary Fund has raised its forecast for Egypt's economic growth in 2026-2027 to 4.7%, an increase of 0.3 percentage points from the previous estimate in July 2026. According to the report, this growth results from the economy's recovery, achieving a growth rate of 5.1% during the fiscal year 2025/2026, which is higher than the government's target of 5.4% for that year. The projections are based on expansion in private investment and progress in supporting economic sectors such as non-oil manufacturing industries and technology. Meanwhile, the government indicates that the recovery continues and expects growth rates between 5.2% and 5.4% during the current fiscal year, although IMF forecasts are somewhat below the government's targets.
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