The Greek economy will grow at 1.8% in 2026 and 1.7% in 2027, from 2.1% in 2025, according to projections by the International Monetary Fund (IMF) in its World Economic Outlook report released on Tuesday.
Under the effect of the war in the Middle East, the rise of global GDP will slow down this year to 3.1% fromj 3.4% in 2025, to recover marginally to 3.2% in 2027. in the eurozone, growth is expected to drop to 1.1% this year from 1.4% in 2025, and rise to 1.2% in 2027.
For Greece, the IMF foresees that inflation will rise from 2.9% in 2025 to 3.5% this year, dropping to 2.7% in 2027. In the eurozone, it foresees a rise in inflation from 2.1% in 2025 to 2.6% this year and down to 2.2% in 2027, while for the global economy it foresees a rise to 4.4% this year from 4.1% in 2025.
In addition, the Fund foresees a great drop in unemployment for Greece, from 8.9% in 2025 to 7.4% this year and further to 7.1% in 2027.
Greece’s current account deficit is expected to rise from 5.7% of GDP in 2025 to 6.4% of GDP in 2026, to drop again to 5.7% in 2027.
In the report, the IMF used the term “reference forecast” instead of the basiline scenario it used in previous report, while it has also drawn up a ‘downturn’ and an ‘extreme’ scenario. The reference forecast is based on the hypothesis that the war will not last longer than a few weeks.
source ANA-MPA