For the end of 2025, the IMF predicts a growth of 1.7% for these countries.
In the United States, GDP growth is projected at 2.4% in 2026, which is above the potential figure of 2.1% for 2025. The IMF notes that such growth rates will be supported by fiscal measures and a reduction in the Federal Reserve's interest rate, as well as the easing of the impact of increased trade barriers. A robust growth of 2.0% is expected for the American economy in 2027, thanks to short-term fiscal stimuli from tax incentives for corporate investments provided by the "One Big Beautiful Bill Act." Although the pace of technological progress will slow down, it will still help offset the decline in immigration and the slowdown in consumer demand.
The Eurozone is forecasted to have stable growth of 1.3% in 2026 and 1.4% in 2027. The acceleration in growth in 2027 is associated with the expected increase in government spending, especially in Germany, as well as high growth rates in Ireland and Spain.
“The forecast for the European Union has remained virtually unchanged since October, reflecting subdued growth rates due to unresolved structural issues. The impact of the planned increase in defense spending is expected to be noticeable only in the future, considering the commitments to gradually reach target levels by 2035. Unlike other regions, the Eurozone benefits less from the recent increase in investments driven by technological progress,” the IMF explained.
The residual effects of high energy prices will continue to negatively impact the manufacturing sector, which will be exacerbated by additional pressure from the real strengthening of the euro against the currencies of countries exporting similar products, according to IMF experts.
