In 2023/24, GDP growth fell to 2.4% from 3.8% a year earlier, according to central bank figures, dragged down by a currency crisis and the war in neighbouring Gaza, which has cut into Suez Canal revenue and slowed tourism. In February, Egypt sold the rights to develop real...
Egypt’s population as of 2023.(2) 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 ...
Tax Revenue: % of GDP (%) 5.5 2023 yearly 2005 - 2023 National Government Debt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022 Government Debt: % of GDP (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020 Forecast: Government Expenditure (EGP bn) 7,219.600 2029 yearly ...
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 ...
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....
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...
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 Unemployment rate in Egypt 2023 Youth unemploymen...
POVERTY rateThis 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 ...
01.01.2025 | Egypt-Business.com Foreign Direct Investments surged 11-fold during FY2023/2024 This growth highlights Egypt's growing attractiveness to international investors. The country drew in $46.1 billion in FDI. 01.01.2025 | Egypt-Business.com ...
External Debt: Short Term: % of GDP (%) 7.1 2023 yearly 1990 - 2023 Forecast: Current Account Balance (USD bn) -22.028 2029 yearly 1980 - 2029 Net International Investment Position (USD mn) -281,564.400 Jun 2024 quarterly Dec 2013 - Jun 2024 BoP: CF: Financial Account: Portfolio ...