The report highlights the IMF’s forecast of 4% growth for Egypt in 2025, up from 2.7% in 2024, driven by ongoing economic reforms and investments, particularly in the Ras Al-Hekma development project on Egypt's North Coast
The Egyptian economy is expected to experience moderate growth in 2025, with international institutions forecasting a GDP growth rate between 3.5% and 4.5%. This comes after a challenging period marked by global economic disruptions and geopolitical tensions.
According to the latest report by Egypt’s Cabinet Information and Decision Support Center, the global economic slowdown in 2024, driven by monetary tightening, inflation concerns, and ongoing geopolitical uncertainties, has been a key influence on Egypt’s economic prospects.
The report highlights the IMF’s forecast of 4% growth for Egypt in 2025, up from 2.7% in 2024, driven by ongoing economic reforms and investments, particularly in the Ras Al-Hekma development project on Egypt's North Coast. The IMF projects Egypt’s nominal GDP to reach EGP 17.5 trillion in 2025, up from approximately EGP 13.8 trillion in 2024. This optimism is also echoed by the World Bank, which predicts Egypt’s economy will recover gradually, with growth of 3.5% in 2025, rising to 4.2% in 2026.
The positive outlook stems from several key reforms aimed at improving the business environment, boosting private sector involvement, and reducing state intervention in the economy. In 2024, Egypt raised approximately $30 billion through its privatization program, further strengthening investor confidence.
Fitch Solutions also forecasts a 3.7% growth in 2024/2025, driven by the recovery of the non-oil export sector and increasing foreign direct investments. These efforts, along with improved private consumption due to lower inflation, are expected to be vital drivers of Egypt's economic recovery.
