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The Ministry of Economic Development and Digitalization has revised its macroeconomic forecast for 2026: GDP growth will be 2.2%, down from the previously projected 3.3%

The Ministry of Economic Development and Digitalization has revised its macroeconomic forecast for 2026: GDP growth will be 2.2%, down from the previously projected 3.3%

28.04.2026

As noted in the analytical note accompanying the preliminary macroeconomic forecast for 2026-2029, the January 2026 scenario projected a more favorable outlook compared to the November 2025 scenario, based on more positive than expected trends in certain sectors of the national economy. According to January estimates, the economy was expected to strengthen its growth trajectory, reaching 3.3% in 2026 and accelerating to 4.5% by 2029. However, given the escalating conflict in the Middle East and the deteriorating external economic environment, this scenario is no longer relevant. As a result,...
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