World Bank Raises Egypt Growth Forecast to 4.6%

The World Bank has upgraded its outlook for Egypt’s economy, forecasting stronger growth in the coming years as global energy market disruptions ease and international trade conditions stabilize.

In its June 2026 edition of the Global Economic Prospects report, the World Bank projected Egypt’s economy to expand by 4.4% in fiscal year 2024/25, rising to 4.6% in 2025/26, supported by ongoing economic reforms and improving economic activity.

According to the report, growth is expected to moderate to 4.0% in fiscal year 2026/27 before accelerating again to 4.6% the following year.

The World Bank said energy-importing economies across the Middle East and North Africa region, including Egypt, are likely to benefit from lower energy prices and more stable global supply chains between 2027 and 2028.

The report highlighted several factors expected to support Egypt’s economic performance over the medium term, including the recovery of international shipping activity, stronger tourism revenues, and stable remittance inflows from Egyptians working abroad.

The easing of inflationary pressures and improvements in public finances are also expected to contribute to a more favorable economic environment.

Furthermore, the World Bank noted that ongoing fiscal reform efforts could help expand primary budget surpluses and strengthen fiscal sustainability across several countries in the region, including Egypt.

The upgraded outlook comes despite a broader slowdown in the global economy, driven by the continued impact of tensions in the Middle East, elevated energy prices, and tighter global financial conditions.

The World Bank’s projections suggest that Egypt is positioned to maintain one of the stronger growth trajectories among regional economies, supported by reform measures and an improving external environment.