For 2025, the fund forecasts a growth rate of 1.7%.
In the United States, GDP is projected to grow by 2.4% in 2026, exceeding the potential 2.1% in 2025. The IMF attributes this growth to fiscal measures and a reduction in the Federal Reserve's interest rate, as well as a decrease in the impact of trade barriers. It is expected that in 2027, the American economy will grow steadily at a rate of 2.0% thanks to short-term fiscal stimuli from tax breaks provided by the "One Big Beautiful Bill Act." Although the pace of technological progress that contributes to this growth may slow down, it will still help offset the decline in immigration and the slowdown in consumer spending.
As for the Eurozone, the projected growth rates are expected to be 1.3% in 2026 and 1.4% in 2027. The acceleration in 2027 is linked to the anticipated increase in government spending, especially in Germany, as well as continued strong growth in Ireland and Spain.
“Growth prospects in the EU have changed little since October, and moderate growth rates indicate the presence of unresolved structural problems. The impact of the planned increase in defense spending will only become noticeable in the future, as the achievement of target indicators is expected by 2035. Compared to other regions, the Eurozone is benefiting less from the recent surge in investments driven by technological advancements,” the IMF noted.
The ongoing effects of high energy prices will continue to negatively impact the manufacturing sector, and this pressure will be further exacerbated by the real strengthening of the euro against the currencies of countries exporting similar products, according to IMF experts.
