Economic projections for 2025 indicate a growth rate of 2%, a revision downward from the 2.3% estimated in October, as outlined in the World Economic Outlook (WEO) released by the International Monetary Fund today.
The government, in its State Budget proposal for 2025, anticipates a Gross Domestic Product (GDP) growth of 2.1% for that year.
For 2026, the IMF forecasts national GDP growth to slow to 1.7%.
Inflation projections by the IMF suggest consumer prices will decrease to 1.9% in 2025, before accelerating to 2.1% in 2026.
Unemployment is expected to remain relatively stable, with the IMF projecting a rate of 6.4% for this year, decreasing slightly to 6.3% by 2026.
Despite these figures, the national economy is set to grow faster than the euro area, which the IMF predicts will see a growth of 0.8% this year. The forecast for Germany shows stagnation, at a growth rate of 0%.
The IMF’s WEO report also highlighted the impact of a “negative” shock due to trade tariffs implemented by the U.S. President, and pointed to ongoing “uncertainty” in the global economic landscape.
