Egypt Nominal GDP reached 109.0 USD bn in Dec 2022, compared with 127.7 USD bn in the previous quarter. See the table below for more data.Last Previous Min Max Unit Frequency Range 108,969.4 Dec 2022 127,729.0 Sep 2022 17,447.8 Jun 2003 127,960.5 Dec 2021 USD mn quarterly Sep 2001 ...
In the first half of the fiscal year 2021-2022 (which lasted from July 2021 to December 2021), Egypt's Gross Domestic Production (GDP) increased 9 percent, the highest record since the beginning of 2000, compared to 1.3 percent in the same period the previous year, the government said in...
Egypt’s GDP grew by an average of 4.5% per annum from 2018 to 2023, compared to 3.8% per annum from 2012 to 2017. Its unemployment rate dropped from 12.9% in 2015 to 7.2% in 2023. However, high inflation and depreciation of the Egyptian Pound continue to pose risks for the Egyptian ...
The Egyptian economy was one of the most resilient and continued growing during the COVID-19 pandemic. The positive trend accelerated in 2022 when GDP was estimated to have grown by 6.7%, although growth decelerated to 4.2% in 2023. The country faced challenges with elevated inflation and imba...
BNP Paribas expects Egypt’s GDP growth to slow to 4% in FY2023/2024, down from last year’s forecasted 6.6%, citing an uncertain outlook against accelerating inflationary pressures. In its recent report, the banking group noted that weakened household purchasing power and a slowdown ...
"It is showing that we should be able, or at least as close as possible, to achieve our objective of 15 million tourists for this year, which is going to be a more than 30-percent growth compared to 2022," the minister said, noting that Egypt targets to attract 30 million tourists an...
5.9% GDP growth rate Egypt’s economy grew by 5.9 percent in 2021, making it one of the fastest-growing economies in the Middle East and North Africa (MENA) region.(3) 14.43% e-commerce growth Egypt’s e-commerce sector is one of the fastest-growing markets in the world. The global...
This document provides selected macroeconomic indicators for Egypt for the years 2022/23, 2023/24, and 2024/25. The indicators include real GDP growth, inflation rates, revenue and grants, expenditure, overall balance, primary balance, gross debt, FDI, reserves, and external debt. The ...
Gross domestic product (GDP) in Egypt 2029 Gross domestic product (GDP) per capita in Egypt 2029 Gross domestic product (GDP) growth rate in Egypt 2029 Egypt: Share in global GDP adjusted for PPP 2029 Employment by economic sector in Egypt 2022 Labor force participation rate in Egypt 2022 Un...
Underlying macroeconomic factors: Egypt's economy has been growing steadily in recent years, with GDP growth averaging around 5% per year. This has been driven by a combination of factors, including increased investment in infrastructure, a growing tourism sector, and a large and young population....