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Fitch Solutions

BMI research raises Egypt’s GDP growth forecast to 5% for FY2024/25

Mubarak explained that the upgrade mainly reflects a rebound in investment activity and a reduction in the negative impact of net exports.

Fitch Solutions forecasts Egypt's IT Market to reach $9.2B by 2031

This growth is expected to take place against the backdrop of a noticeable reduction in severe economic pressures.

Fitch Solutions forecasts Egypt's unemployment to reach 4.4% by 2034

The rate is projected to continue its downward trend, falling to 4.4% by 2034.

Fitch Solutions projects 4.1% growth Egypt’s economy in 2025

The agency also forecast that nominal GDP will rebound to $324.5 billion by the end of 2025, after slipping to $306.9 billion in 2024, compared to $331.6 billion in 2023.

Fitch Solutions projects Egypt's current account deficit to narrow to 4.8% of GDP

However, the improvement is expected to mask a widening trade deficit and declining Suez Canal revenues.