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Famagusta Gazette

News From Cyprus

IMF forecasts moderate growth for Greece’s economy through 2026

ByFamagusta Gazette

Apr 23, 2025

FAMAGUSTA GAZETTE – Greece’s economy is projected to sustain moderate growth over the next two years, with the International Monetary Fund (IMF) forecasting a 2% increase in gross domestic product (GDP) for 2025 and 1.8% in 2026, local media reported Tuesday.

In its latest World Economic Outlook, the IMF also predicted inflation in Greece will continue to decline, dropping to 2.4% in 2025 and 2.1% by 2026.

Despite the positive growth and inflation outlook, Greece’s current account deficit is expected to remain high at 6.5% of GDP in 2025 and 5.9% in 2026.

Unemployment is projected to persist at elevated levels, with rates of 9.4% in 2025 and 9% in 2026.

The IMF has also revised down its growth forecasts for the Eurozone. It now predicts economic growth of 0.8% in 2025 and 1.2% in 2026, representing a 0.2-percentage-point downgrade from earlier projections.

Famagusta Gazette