What is the economic forecast for each EU country in 2026?
- Portugal Business News
- May 28
- 10 min read

News Economy EU - Here is the economic forecast for each EU country in 2025 and in 2026, namely each EU country’s expected GDP growth, inflation rate and gross public debt as a percentage of GDP, according to the European Commission’s latest report:
While the EU average GDP growth in 2025 is expected to be 1,5% in 2025, it is expected to reach 1,8% year on year in 2026. The EU average inflation rate forecast in 2025 is 2,4% in 2025, while it is 2,0% year on year in 2026. The EU average gross public debt as a percentage of GDP is expected to be 83,0% in 2025 and 83,4% in 2026.
Here is the economic forecast for each EU country in 2025 and in 2026:
1 – Austria
1) While the economic forecast for Austria in 2025 is a GDP growth of -0,3% in 2025, Austria’s GDP growth is expected to reach 1% year on year in 2026.
2) While the inflation rate for Austria in 2025 is expected to be 2,9% in 2025, Austria’s inflation rate is expected to be 2,1% year on year in 2026.
3) Austria’s gross public debt as a percentage of GDP is expected to be 84% in 2025 and 85.8% in 2026.
2 – Belgium
1) While the economic forecast for Belgium in 2025 is a GDP growth of 0,8% in 2025, Belgium’s GDP growth is expected to reach 0,9% year on year in 2026.
2) While the inflation rate for Belgium in 2025 is expected to be 2,8% in 2025, Belgium’s inflation rate is expected to be 1,8% year on year in 2026.
3) Belgium’s gross public debt as a percentage of GDP is expected to be 107.1% in 2025 and 109.8% in 2026.
3 – Bulgaria
1) While the economic forecast for Bulgaria in 2025 is a GDP growth of 2,0% in 2025, Bulgaria’s GDP growth is expected to reach 2,1% year on year in 2026.
2) While the inflation rate for Bulgaria in 2025 is expected to be 3,6% in 2025, Bulgaria’s inflation rate is expected to be 1,8% year on year in 2026.
3) Bulgaria’s gross public debt as a percentage of GDP is expected to be 25.1% in 2025 and 27.1% in 2026.
4 – Croatia
1) While the economic forecast for Croatia in 2025 is a GDP growth of 3,2% in 2025, Croatia’s GDP growth is expected to be 2,9% year on year in 2026.
2) While the inflation rate for Croatia in 2025 is expected to be 3,4% in 2025, Croatia’s inflation rate is expected to be 2,0% year on year in 2026.
3) Croatia’s gross public debt as a percentage of GDP is expected to be 56.3% in 2025 and 56.4% in 2026.
5 – Cyprus
1) While the economic forecast for Cyprus in 2025 is a GDP growth of 3,0% in 2025, Cyprus’s GDP growth is expected to be 2,5% year on year in 2026.
2) While the inflation rate for Cyprus in 2025 is expected to be 2,0% in 2025, Cyprus’s inflation rate is expected to remain 2,0% year on year in 2026.
3) Cyprus’s gross public debt as a percentage of GDP is expected to be 58.0% in 2025 and 51.9% in 2026.
6 – Czechia
1) While the economic forecast for Czechia in 2025 is a GDP growth of 1,9% in 2025, Czechia’s GDP growth is expected to reach 2,1% year on year in 2026.
2) While the inflation rate for Czechia in 2025 is expected to be 2,2% in 2025, Czechia’s inflation rate is expected to be 2,0% year on year in 2026.
3) Czechia’s gross public debt as a percentage of GDP is expected to be 44.5% in 2025 and 45.4% in 2026.
7 – Denmark
1) While the economic forecast for Denmark in 2025 is a GDP growth of 3,6% in 2025, Denmark’s GDP growth is expected to be 2,0% year on year in 2026.
2) While the inflation rate for Denmark in 2025 is expected to be 1,6% in 2025, Denmark’s inflation rate is expected to be 1,5% year on year in 2026.
3) Denmark’s gross public debt as a percentage of GDP is expected to be 29.7% in 2025 and 29.4% in 2026.
8 – Estonia
1) While the economic forecast for Estonia in 2025 is a GDP growth of 1,1% in 2025, Estonia’s GDP growth is expected to reach 2,3% year on year in 2026.
2) While the inflation rate for Estonia in 2025 is expected to be 3,8% in 2025, Estonia’s inflation rate is expected to be 2,3% year on year in 2026.
3) Estonia’s gross public debt as a percentage of GDP is expected to be 23.8% in 2025 and 25.4% in 2026.
9 – Finland
1) While the economic forecast for Finland in 2025 is a GDP growth of 1,0% in 2025, Finland’s GDP growth is expected to reach 1,3% year on year in 2026.
2) While the inflation rate for Finland in 2025 is expected to be 1,7% in 2025, Finland’s inflation rate is expected to be 1,5% year on year in 2026.
3) Finland’s gross public debt as a percentage of GDP is expected to be 85.6% in 2025 and 87.5% in 2026.
10 – France
1) While the economic forecast for France in 2025 is a GDP growth of 0,6% in 2025, France’s GDP growth is expected to reach 1,3% year on year in 2026.
2) While the inflation rate for France in 2025 is expected to be 0,9% in 2025, France’s inflation rate is expected to be 1,2% year on year in 2026.
3) France’s gross public debt as a percentage of GDP is expected to be 116.0% in 2025 and 118.4% in 2026.
11 – Germany
1) While the economic forecast for Germany in 2025 is a GDP growth of -0,0% in 2025, Germany’s GDP growth is expected to reach 1,1% year on year in 2026.
2) While the inflation rate for Germany in 2025 is expected to be 2,4% in 2025, Germany’s inflation rate is expected to be 1,9% year on year in 2026.
3) Germany’s gross public debt as a percentage of GDP is expected to be 63.8% in 2025 and 64.7% in 2026.
12 – Greece
1) While the economic forecast for Greece in 2025 is a GDP growth of 2,3% in 2025, Greece’s GDP growth is expected to be 2,2% year on year in 2026.
2) While the inflation rate for Greece in 2025 is expected to be 2,8% in 2025, Greece’s inflation rate is expected to be 2,3% year on year in 2026.
3) Greece’s gross public debt as a percentage of GDP is expected to be 146.6% in 2025 and 140.6% in 2026.
13 – Hungary
1) While the economic forecast for Hungary in 2025 is a GDP growth of 0,8% in 2025, Hungary’s GDP growth is expected to reach 2,5% year on year in 2026.
2) While the inflation rate for Hungary in 2025 is expected to be 4,1% in 2025, Hungary’s inflation rate is expected to be 3,3% year on year in 2026.
3) Hungary’s gross public debt as a percentage of GDP is expected to be 74.5% in 2025 and 74.3% in 2026.
14) Ireland
1) While the economic forecast for Ireland in 2025 is a GDP growth of 3,4% in 2025, Ireland’s GDP growth is expected to be 2,5% year on year in 2026.
2) While the inflation rate for Ireland in 2025 is expected to be 1,6% in 2025, Ireland’s inflation rate is expected to be 1,4% year on year in 2026.
3) Ireland’s gross public debt as a percentage of GDP is expected to be 38.6% in 2025 and 38.2% in 2026.
15) Italy
1) While the economic forecast for Italy in 2025 is a GDP growth of 0,7% in 2025, Italy’s GDP growth is expected to reach 0,9% year on year in 2026.
2) While the inflation rate for Italy in 2025 is expected to be 1,8% in 2025, Italy’s inflation rate is expected to be 1,5% year on year in 2026.
3) Italy’s gross public debt as a percentage of GDP is expected to be 136.7% in 2025 and 138.2% in 2026.
16) Latvia
1) While the economic forecast for Latvia in 2025 is a GDP growth of 0,5% in 2025, Latvia’s GDP growth is expected to reach 2,0% year on year in 2026.
2) While the inflation rate for Latvia in 2025 is expected to be 3,0% in 2025, Latvia’s inflation rate is expected to be 1,7% year on year in 2026.
3) Latvia’s gross public debt as a percentage of GDP is expected to be 48.6% in 2025 and 49.3% in 2026.
17) Lithuania
1) While the economic forecast for Lithuania in 2025 is a GDP growth of 2,8% in 2025, Lithuania’s GDP growth is expected to reach 3,1% year on year in 2026.
2) While the inflation rate for Lithuania in 2025 is expected to be 2,6% in 2025, Lithuania’s inflation rate is expected to be 1,2% year on year in 2026.
3) Lithuania’s gross public debt as a percentage of GDP is expected to be 41.2% in 2025 and 43.9% in 2026.
18) Luxembourg
1) While the economic forecast for Luxembourg in 2025 is a GDP growth of 1,7% in 2025, Luxembourg’s GDP growth is expected to reach 2,0% year on year in 2026.
2) While the inflation rate for Luxembourg in 2025 is expected to be 2,1% in 2025, Luxembourg’s inflation rate is expected to be 1,8% year on year in 2026.
3) Luxembourg’s gross public debt as a percentage of GDP is expected to be 25.7% in 2025 and 26.2% in 2026.
19) Malta
1) While the economic forecast for Malta in 2025 is a GDP growth of 4,1% in 2025, Malta’s GDP growth is expected to be 4,0% year on year in 2026.
2) While the inflation rate for Malta in 2025 is expected to be 2,2% in 2025, Malta’s inflation rate is expected to be 2,1% year on year in 2026.
3) Malta’s gross public debt as a percentage of GDP is expected to be 47.6% in 2025 and 47.3% in 2026.
20) Netherlands
1) While the economic forecast for the Netherlands in 2025 is a GDP growth of 1,3% in 2025, the Netherlands GDP growth is expected to be 1,2% year on year in 2026.
2) While the inflation rate for the Netherlands in 2025 is expected to be 3,0% in 2025, the Netherlands inflation rate is expected to be 2,0% year on year in 2026.
3) The Netherlands gross public debt as a percentage of GDP is expected to be 45.0% in 2025 and 47.8% in 2026.
21) Poland
1) While the economic forecast for Poland in 2025 is a GDP growth of 3,3% in 2025, Poland’s GDP growth is expected to be 3,0% year on year in 2026.
2) While the inflation rate for Poland in 2025 is expected to be 3,6% in 2025, Poland’s inflation rate is expected to be 2,8% year on year in 2026.
3) Poland’s gross public debt as a percentage of GDP is expected to be 58.0% in 2025 and 65.3% in 2026.
22) Portugal
1) While the economic forecast for Portugal in 2025 is a GDP growth of 1,8% in 2025, Portugal’s GDP growth is expected to reach 2,2% year on year in 2026.
2) While the inflation rate for Portugal in 2025 is expected to be 2,1% in 2025, Portugal’s inflation rate is expected to be 2,0% year on year in 2026.
3) Portugal’s gross public debt as a percentage of GDP is expected to be 91.7% in 2025 and 89.7% in 2026.
23) Romania
1) While the economic forecast for Romania in 2025 is a GDP growth of 1,4% in 2025, Romania’s GDP growth is expected to reach 2,2% year on year in 2026.
2) While the inflation rate for Romania in 2025 is expected to be 5,1% in 2025, Romania’s inflation rate is expected to be 3,9% year on year in 2026.
3) Romania’s gross public debt as a percentage of GDP is expected to be 59.4% in 2025 and 63.3% in 2026.
24) Slovakia
1) While the economic forecast for Slovakia in 2025 is a GDP growth of 1,5 in 2025, Slovakia’s GDP growth is expected to be 1,4% year on year in 2026.
2) While the inflation rate for Slovakia in 2025 is expected to be 4,0% in 2025, Slovakia’s inflation rate is expected to be 2,9% year on year in 2026.
3) Slovakia’s gross public debt as a percentage of GDP is expected to be 60.9% in 2025 and 63.0% in 2026.
25) Slovenia
1) While the economic forecast for Slovenia in 2025 is a GDP growth of 2,0 in 2025, Slovenia’s GDP growth is expected to reach 2,4% year on year in 2026.
2) While the inflation rate for Slovenia in 2025 is expected to be 2,1% in 2025, Slovenia’s inflation rate is expected to be 1,9% year on year in 2026.
3) Slovenia’s gross public debt as a percentage of GDP is expected to be 65.5% in 2025 and 63.8% in 2026.
26) Spain
1) While the economic forecast for Spain in 2025 is a GDP growth of 2,6% in 2025, Spain’s GDP growth is expected to be 2,0% year on year in 2026.
2) While the inflation rate for Spain in 2025 is expected to be 2,3% in 2025, Spain’s inflation rate is expected to be 1,9% year on year in 2026.
3) Spain’s gross public debt as a percentage of GDP is expected to be 100.9% in 2025 and 100.8% in 2026.
27) Sweden
1) While the economic forecast for Sweden in 2025 is a GDP growth of 1,1% in 2025, Sweden’s GDP growth is expected to reach 1,9% year on year in 2026.
2) While the inflation rate for Sweden in 2025 is expected to be 2,2% in 2025, Sweden’s inflation rate is expected to be 1,6% year on year in 2026.
3) Sweden’s gross public debt as a percentage of GDP is expected to be 33.8% in 2025 and 33.3% in 2026.
Read more: Here is the ranking of EU countries by real GDP growth forecast in 2025, according to the IMF World Economic Outlook: