Economic Outlook
Egypt macro outlook 2026: a cautiously constructive base case
26 February 2026
Our economists lay out the base, bull, and bear cases for Egyptian growth, inflation, and the EGP for the remainder of 2026.
We see a cautiously constructive 2026 for Egypt: GDP growth recovering toward 4.5%, headline inflation settling in the low double-digits by Q4, and an EGP that has finally found a more durable equilibrium. Risks remain skewed toward external shocks and energy-import dynamics.