The Social Security Rate in Egypt stands at 40 percent. In Egypt, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Egypt because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Egypt Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Egypt stands at 26 percent. In Egypt, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Egypt because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Egypt Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Egypt stands at 14 percent. In Egypt, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Egypt because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Egypt Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Egypt was last recorded at 11013.74 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Egypt, when adjusted by Purchasing Power Parity is equivalent to 62 percent of the world's average. GDP per capita PPP in Egypt averaged 8243.62 USD from 1990 until 2018, reaching an all time high of 11013.74 USD in 2018 and a record low of 5830.25 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Egypt GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt scored 54.54 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Egypt averaged 15.37 Points from 2007 until 2019, reaching an all time high of 54.54 Points in 2019 and a record low of 3.60 Points in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Egypt Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Egypt is the 93 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Egypt averaged 93.46 from 2007 until 2019, reaching an all time high of 119 in 2015 and a record low of 70 in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Egypt Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Egypt is ranked 114 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Egypt improved to 114 in 2019 from 120 in 2018. Ease of Doing Business in Egypt averaged 119.25 from 2008 until 2019, reaching an all time high of 128 in 2013 and a record low of 106 in 2009. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Egypt.

Gold Reserves in Egypt increased to 78.97 Tonnes in the fourth quarter of 2019 from 78.82 Tonnes in the third quarter of 2019. Gold Reserves in Egypt averaged 75.88 Tonnes from 2000 until 2019, reaching an all time high of 78.97 Tonnes in the fourth quarter of 2019 and a record low of 75.58 Tonnes in the third quarter of 2016. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Egypt Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Egypt decreased to 6.79 in 2018 from 7.35 in 2017. Terrorism Index in Egypt averaged 4.71 from 2002 until 2018, reaching an all time high of 7.35 in 2017 and a record low of 0.04 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product per capita in Egypt was last recorded at 2907.30 US dollars in 2018. The GDP per Capita in Egypt is equivalent to 23 percent of the world's average. GDP per capita in Egypt averaged 1551.54 USD from 1960 until 2018, reaching an all time high of 2907.30 USD in 2018 and a record low of 578.30 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Egypt GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Egypt scored 35 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Egypt averaged 32.23 Points from 1996 until 2019, reaching an all time high of 37 Points in 2014 and a record low of 28 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Egypt Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Egypt is the 106 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Egypt averaged 88.13 from 1996 until 2019, reaching an all time high of 118 in 2012 and a record low of 41 in 1996. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Egypt Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Egypt stands at 22.50 percent. Corporate Tax Rate in Egypt averaged 22 percent from 2006 until 2020, reaching an all time high of 25 percent in 2012 and a record low of 20 percent in 2007. In Egypt, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Egypt. This page provides - Egypt Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Egypt stands at 14 percent. Sales Tax Rate in Egypt averaged 11.27 percent from 2006 until 2020, reaching an all time high of 14 percent in 2017 and a record low of 10 percent in 2007. In Egypt, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Egypt. This page provides - Egypt Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Egypt increased to 5516806 EGP Million in 2019 from 5080570 EGP Million in 2018. Banks Balance Sheet in Egypt averaged 1262692.04 EGP Million from 1991 until 2019, reaching an all time high of 5516806 EGP Million in 2019 and a record low of 156312 EGP Million in 1991. This page provides - Egypt Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt recorded a government budget deficit of 425035 Million EGP in 2019. Government Budget Value in Egypt averaged -185685.38 Million EGP from 2004 until 2019, reaching an all time high of -29403 Million EGP in 2004 and a record low of -425035 Million EGP in 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Egypt Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Egypt increased to 885 Thousand in February from 861 Thousand in January of 2019. Tourist Arrivals in Egypt averaged 491.94 Thousand from 1982 until 2019, reaching an all time high of 1486 Thousand in October of 2010 and a record low of 57 Thousand in February of 1991. This page provides - Egypt Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourism Revenues in Egypt increased to 11.40 USD Billion in 2018 from 7.60 USD Billion in 2017. Tourism Revenues in Egypt averaged 8.17 USD Billion from 2010 until 2018, reaching an all time high of 12.50 USD Billion in 2010 and a record low of 3.80 USD Billion in 2016. Tourism is one of the most important sources of income for Egypt and accounts for around 12% of GDP. This page provides - Egypt Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Egypt was worth 280 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Egypt represents 0.23 percent of the world economy. GDP in Egypt averaged 83.14 USD Billion from 1960 until 2019, reaching an all time high of 332.90 USD Billion in 2016 and a record low of 4 USD Billion in 1962. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Egypt GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Egypt was estimated at 99.0 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Egypt had a population of 27.0 million people. The population of Egypt represents 1.20 percent of the world´s total population which arguably means that one person in every 84 people on the planet is a resident of Egypt. This page provides the latest reported value for - Egypt Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Egypt increased to 8 percent in the fourth quarter of 2019 from 7.80 percent in the third quarter of 2019. Unemployment Rate in Egypt averaged 10.72 percent from 1993 until 2019, reaching an all time high of 13.40 percent in the third quarter of 2013 and a record low of 7.50 percent in the second quarter of 2019. In Egypt, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Egypt Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Egypt increased to 2329 Thousand in the fourth quarter of 2019 from 2212 Thousand in the third quarter of 2019. Unemployed Persons in Egypt averaged 2808.37 Thousand from 2003 until 2019, reaching an all time high of 3695 Thousand in the first quarter of 2014 and a record low of 2022 Thousand in the first quarter of 2003. In Egypt, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Egypt Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Egypt increased to 26621 Thousand in the fourth quarter of 2019 from 26100 Thousand in the third quarter of 2019. Employed Persons in Egypt averaged 22927.91 Thousand from 2003 until 2019, reaching an all time high of 28070 Thousand in the second quarter of 2019 and a record low of 18284 Thousand in the first quarter of 2003. This page provides - Egypt Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt recorded a government debt equivalent to 90 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Egypt averaged 88.54 percent from 2002 until 2019, reaching an all time high of 108 percent in 2017 and a record low of 73.30 percent in 2009. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Egypt Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Egypt decreased 0 percent in February of 2020 over the previous month. Inflation Rate Mom in Egypt averaged 0.74 percent from 1957 until 2020, reaching an all time high of 9.93 percent in July of 1985 and a record low of -7 percent in May of 1989. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Egypt Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt recorded a Government Budget deficit equal to 7.20 percent of the country's Gross Domestic Product in 2019. Government Budget in Egypt averaged -9.43 percent of GDP from 2002 until 2019, reaching an all time high of -6.80 percent of GDP in 2008 and a record low of -12.50 percent of GDP in 2015. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Egypt Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt recorded a capital and financial account surplus of 4576.20 USD Million in the fourth quarter of 2019. Capital Flows in Egypt averaged 1362.72 USD Million from 1993 until 2019, reaching an all time high of 11279.80 USD Million in the second quarter of 2015 and a record low of -4588.40 USD Million in the first quarter of 2011. This page provides - Egypt Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Egypt increased to 106.30 points in March from 105.60 points in February of 2020. Consumer Price Index CPI in Egypt averaged 16.13 points from 1957 until 2020, reaching an all time high of 106.30 points in March of 2020 and a record low of 0.40 points in February of 1957. In Egypt, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Egypt Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Egypt decreased 1.70 percent in March of 2020 over the same month in the previous year. Food Inflation in Egypt averaged 14.98 percent from 2010 until 2020, reaching an all time high of 43.61 percent in April of 2017 and a record low of -4.80 percent in October of 2019. This page provides the latest reported value for - Egypt Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CPI Housing Utilities in Egypt increased to 105.10 points in March from 105 points in February of 2020. CPI Housing Utilities in Egypt averaged 118.46 points from 2009 until 2020, reaching an all time high of 178.20 points in August of 2018 and a record low of 98.70 points in September of 2009. This page provides - Egypt Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Egypt decreased to 116 points in March of 2020 from 116.40 points in February of 2020. CPI Transportation in Egypt averaged 130.27 points from 2009 until 2020, reaching an all time high of 283.20 points in August of 2018 and a record low of 99.60 points in October of 2018. This page provides - Egypt Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction output in Egypt increased 1.30 percent in December of 2019 over the same month in the previous year. Construction Output in Egypt averaged 5.42 percent from 2007 until 2019, reaching an all time high of 199.20 percent in July of 2017 and a record low of -46.60 percent in July of 2016. This page provides - Egypt Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Egypt increased 3.90 percent in January of 2020 over the same month in the previous year. Industrial Production in Egypt averaged 3.29 percent from 2004 until 2020, reaching an all time high of 22.50 percent in October of 2006 and a record low of -14.50 percent in February of 2011. In Egypt, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, transportation, utilities, construction and tourism. This page provides - Egypt Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Egypt decreased 1.50 percent in December of 2019 over the same month in the previous year. Manufacturing Production in Egypt averaged 4.14 percent from 2004 until 2019, reaching an all time high of 26.60 percent in December of 2006 and a record low of -19.80 percent in February of 2011. This page provides - Egypt Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Egypt decreased 4 percent in January of 2020 over the previous month. Industrial Production Mom in Egypt averaged 0.51 percent from 2003 until 2020, reaching an all time high of 22.10 percent in January of 2007 and a record low of -17.10 percent in February of 2011. In Egypt, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, transportation, utilities, construction and tourism. This page provides - Egypt Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Egypt increased to 977748.60 EGP Million in the fourth quarter of 2019 from 936255 EGP Million in the third quarter of 2019. GDP Constant Prices in Egypt averaged 543209.48 EGP Million from 2007 until 2019, reaching an all time high of 996046.40 EGP Million in the second quarter of 2019 and a record low of 316764.40 EGP Million in the second quarter of 2007. This page provides - Egypt GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Egypt decreased to 95317 EGP Million in the fourth quarter of 2019 from 134192 EGP Million in the third quarter of 2019. GDP From Agriculture in Egypt averaged 67684.43 EGP Million from 2007 until 2019, reaching an all time high of 134192 EGP Million in the third quarter of 2019 and a record low of 42897.60 EGP Million in the second quarter of 2007. This page provides - Egypt Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Egypt increased to 65752.90 EGP Million in the fourth quarter of 2019 from 47384.30 EGP Million in the third quarter of 2019. GDP From Construction in Egypt averaged 27140.29 EGP Million from 2007 until 2019, reaching an all time high of 70659.60 EGP Million in the second quarter of 2019 and a record low of 10878.70 EGP Million in the third quarter of 2007. This page provides - Egypt Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Egypt increased to 173544.50 EGP Million in the fourth quarter of 2019 from 154081.90 EGP Million in the third quarter of 2019. GDP From Manufacturing in Egypt averaged 86600.95 EGP Million from 2007 until 2019, reaching an all time high of 173544.50 EGP Million in the fourth quarter of 2019 and a record low of 51326.60 EGP Million in the third quarter of 2007. This page provides - Egypt Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Egypt increased to 93904.50 EGP Million in the fourth quarter of 2019 from 64749.30 EGP Million in the third quarter of 2019. GDP From Mining in Egypt averaged 69582.87 EGP Million from 2007 until 2019, reaching an all time high of 122278 EGP Million in the first quarter of 2019 and a record low of 52089.80 EGP Million in the third quarter of 2016. This page provides - Egypt Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Egypt remained unchanged at 2000 EGP/Month in 2020 from 2000 EGP/Month in 2019. Minimum Wages in Egypt averaged 1192.78 EGP/Month from 2009 until 2020, reaching an all time high of 2000 EGP/Month in 2019 and a record low of 35 EGP/Month in 2009. In Egypt, minimum wage refers to lowest nominal wage per month, for permanent workers in private and public sector. A national monthly minimum wage was set at 35 Egyptian pounds in 1984 and remained unchanged at that level until 2010. In 2014, President Abdel Fattah Al-Sisi set a maximum wage of 42 000 EGP per month for state employees. This page provides - Egypt Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Egypt decreased 1.80 percent in February of 2020 over the same month in the previous year. Producer Prices Change in Egypt averaged 10.41 percent from 2007 until 2020, reaching an all time high of 45 percent in January of 2017 and a record low of -13.30 percent in July of 2009. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Egypt Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Egypt stands at 22.50 percent. Personal Income Tax Rate in Egypt averaged 23.31 percent from 2004 until 2020, reaching an all time high of 34 percent in 2005 and a record low of 20 percent in 2006. In Egypt, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Egypt. This page provides the latest reported value for - Egypt Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M0 in Egypt increased to 766706 EGP Million in March from 747201 EGP Million in February of 2020. Money Supply M0 in Egypt averaged 280843.50 EGP Million from 2000 until 2020, reaching an all time high of 766706 EGP Million in March of 2020 and a record low of 68043 EGP Million in April of 2001. Egypt Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Egypt Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Egypt increased to 103.10 points in March from 102.60 points in February of 2020. Core Consumer Prices in Egypt averaged 158.75 points from 2009 until 2020, reaching an all time high of 267.20 points in July of 2019 and a record low of 98.90 points in August of 2009. This page provides - Egypt Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Egypt increased to 99 points in the first quarter of 2020 from 89 points in the fourth quarter of 2019. Consumer Confidence in Egypt averaged 84.81 points from 2007 until 2020, reaching an all time high of 103 points in the second quarter of 2012 and a record low of 64 points in the fourth quarter of 2016. In Egypt, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Egypt Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Egypt expanded 4.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Egypt averaged 4.19 percent from 1992 until 2019, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3.80 percent in the first quarter of 2011. Egypt is the third largest economy in the Arab world. Services are the most important sector of the economy and account for around 47.5 percent of total GDP. The most important segments within Services are Wholesale and Retail Trade (10 percent of the output), Government (9 percent), Transportation and Communication (8 percent), Finance, Insurance and Real Estate (8 percent) and Tourism (4 percent). Industry constitutes 30 percent of the output and the largest segments within this sector are: Manufacturing (15.5 percent) and Extraction (13.5 percent). Agriculture accounts for 14.5 percent of output and Electricity, Water, Sanitation and Construction for around 7 percent. This page provides the latest reported value for - Egypt GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Egypt expanded 4.80 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Egypt averaged 4.19 percent from 1992 until 2019, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3.80 percent in the first quarter of 2011. Egypt has one of the most developed and diversified economies in the Middle East. Until 2010, Egyptian economy was growing an average 5 percent a quarter as a result of several economic reforms attracting foreign investments. During that time, the economy and the living standards for majority of population improved. Yet, living conditions for the average Egyptian still remained poor and large income disparities continued to grow, leading to the public discontent. The 2011 revolution, which brought down President Hosni Mubarak regime, have caused economic slowdown as political and institutional uncertainty and rising insecurity continue to hurt tourism, manufacturing, and construction. This page provides - Egypt GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt recorded a trade deficit of 1949 USD Million in February of 2020. Balance of Trade in Egypt averaged -893.81 USD Million from 1957 until 2020, reaching an all time high of 235.50 USD Million in January of 2004 and a record low of -5056.10 USD Million in August of 2014. Egypt has been recording trade deficits since 2004, as imports have grown at a faster rate than exports, mostly due to a rise in petroleum and wheat imports. The major exports are oil and other mineral products, chemicals, agricultural products, livestock and textiles. Egypt imports mineral and chemical products, agricultural products, livestock and foodstuff, machinery and electrical equipment and base metals. Main trading partners are the European countries (38 percent of total exports and 31 percent of total imports) and the Arab countries (28 percent of exports and 13.5 percent of imports). Others include: United States, China and India. This page provides - Egypt Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Egypt increased to 2694 USD Million in February from 2482 USD Million in January of 2020. Exports in Egypt averaged 643.54 USD Million from 1957 until 2020, reaching an all time high of 3063.40 USD Million in December of 2009 and a record low of 12.63 USD Million in July of 1959. In Egypt, exports account for about a quarter of GDP. The major exports are oil and other mineral products (32 percent of total exports), chemical products (12 percent), agricultural products, livestock and others fats (11 percent) and textiles (10.5 percent, mainly cotton). Other exports include: base metals (5.5 percent), machinery and electrical appliances (4.5 percent) and foodstuff, beverages and tobacco (4 percent). Major export partners are Italy, Spain, France, Saudi Arabia, India and Turkey. Others include: United States, Brazil and Argentina. This page provides - Egypt Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.