Markets Actual Q3 Q4 Q1 Q2 2022
Stock Market (points) 10561.54 10306 10057 9813 9576 9118
Currency 15.67 15.7 15.74 15.77 15.8 15.87

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 2.90 3.6 4.2 3.8 4.5 4.5
Unemployment Rate (%) 7.40 7.3 7.5 7.3 7.1 7.3
Inflation Rate (%) 4.90 5.2 5.4 5.2 5 5
Inflation Rate Mom (%) 0.20 0.8 0.6 0.4 0.3 0.3
Interest Rate (%) 8.25 8.25 7.75 7.5 7.25 7.25
Balance of Trade (USD Million) -3343.00 -3420 -3500 -3700 -3760 -3600
Current Account (USD Million) -5667.40 -2750 -3200 -3700 -4100 -4000
Current Account to GDP (% of GDP) -3.10 -4 -4 -4.1 -4.1 -4.1
Government Debt to GDP (% of GDP) 90.00 93 93 90 90 90
Government Budget (% of GDP) -9.00 -7 -7 -5.3 -5.3 -5.3
Manufacturing PMI (points) 49.90 49.3 49.6 48.7 49.4 49.8
Corporate Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5
Personal Income Tax Rate (%) 25.00 22.5 22.5 22.5 22.5 22.5

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 2.90 3.6 4.2 3.8 4.5 4.5
GDP (USD Billion) 363.07 280 280 280 280 340
GDP Constant Prices (EGP Million) 1015548.00 957377 1022776 1054139 1061248 1068801
GDP per capita (USD) 3058.30 3050 3050 3050 3050 3170
GDP per capita PPP (USD) 11951.45 11200 11200 11200 11200 11800
GDP From Agriculture (EGP Million) 106297.10 144896 104033 110336 111080 108715
GDP From Construction (EGP Million) 68525.90 50375 73996 71130 71610 77325
GDP From Manufacturing (EGP Million) 160344.80 139332 164622 166438 167560 172030
GDP From Mining (EGP Million) 120503.00 64276 92769 125082 125926 96944
GDP From Transport (EGP Million) 43106.20 53296 56665 44917 44744 46938

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 7.40 7.3 7.5 7.3 7.1 7.3
Unemployed Persons (Thousand ) 2166.00 2160 2320 2180 2200 2200
Minimum Wages (EGP/Month) 2000.00 2400 2400 2400 2400 2400
Population (Million) 100.50 104 103 103 103 105
Employed Persons (Thousand) 27129.00 26100 26000 27000 27400 27500

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 4.90 5.2 5.4 5.2 5 5
Inflation Rate Mom (%) 0.20 0.8 0.6 0.4 0.3 0.3
Consumer Price Index CPI (points) 113.00 114 117 117 119 122
Core Consumer Prices (points) 108.10 108 109 110 111 113
Core Inflation Rate (%) 3.80 3.8 3.5 3.2 3.1 3.2
Food Inflation (%) 3.30 4 3.7 3.2 1.8 3
Producer Prices (points) 217.50 254 287 247 247 271
Producer Prices Change (%) 22.90 30 25 17 13 10
CPI Housing Utilities (points) 110.10 115 115 115 116 121
CPI Transportation (points) 123.30 127 127 127 129 134

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 8.25 8.25 7.75 7.5 7.25 7.25
Money Supply M0 (EGP Million) 987726.00 925000 918000 880000 850000 840000
Money Supply M1 (EGP Million) 1226437.00 1175000 1155000 1100000 1050000 1000000
Money Supply M2 (EGP Million) 5256652.00 5150000 5040000 4850000 4500000 4500000
Foreign Exchange Reserves (USD Million) 40584.00 42000 43000 43000 44000 45000
Banks Balance Sheet (EGP Million) 6408261.00 5800000 5800000 6000000 6000000 6000000
Loans to Private Sector (EGP Million) 1168359.00 1050000 1040000 1020000 1000000 995000
Deposit Interest Rate (%) 7.40 7.5 10.45 7 6.75 6.75
Lending Rate (%) 9.25 9.25 14 14 8.5 8.5
Central Bank Balance Sheet (EGP Million) 7623659.00 6800000 6400000 6100000 6000000 5800000

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -3343.00 -3420 -3500 -3700 -3760 -3600
Current Account (USD Million) -5667.40 -2750 -3200 -3700 -4100 -4000
Current Account to GDP (% of GDP) -3.10 -4 -4 -4.1 -4.1 -4.1
Imports (USD Million) 6451.00 5800 6000 6100 6300 6200
Exports (USD Million) 3107.00 2380 2500 2400 2540 2600
External Debt (USD Million) 129195.70 128000 134000 126000 131000 132000
Foreign Direct Investment (USD Million) 3568.10 4300 4500 3780 3780 4300
Capital Flows (USD Million) 7889.80 1800 3000 1700 2300 2500
Remittances (USD Million) 7493.30 6380 6500 6700 7000 7300
Tourism Revenues (USD Billion) 12.57 10 10 12 12 12

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 90.00 93 93 90 90 90
Government Budget (% of GDP) -9.00 -7 -7 -5.3 -5.3 -5.3
Government Budget Value (Million EGP) -459294.00 -485000 -465000 -485000 -545000 -477000
Government Spending (EGP Billion) 126.00 137 126 131 131 137
Government Revenues (Million EGP) 975429.00 985000 985000 995000 995000 995000
Fiscal Expenditure (Million EGP) 1434723.00 1470000 1470000 1540000 1540000 1540000
Military Expenditure (USD Million) 4016.00 2000 2000 2000 2000 1800

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5
Personal Income Tax Rate (%) 25.00 22.5 22.5 22.5 22.5 22.5
Sales Tax Rate (%) 14.00 14 14 14 14 14
Social Security Rate (%) 40.00 40 40 40 40 40
Social Security Rate For Companies (%) 26.00 26 26 26 26 26
Social Security Rate For Employees (%) 14.00 14 14 14 14 14

Business Actual Q3 Q4 Q1 Q2 2022
Manufacturing PMI (points) 49.90 49.3 49.6 48.7 49.4 49.8
Manufacturing Production (%) -25.60 16 3 1.8 2.5 3

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (EGP Billion) 1495.00 1227 1042 1558 1552 1628
Gasoline Prices (USD/Liter) 0.49 0.48 0.48 0.48 0.48 0.48
Bank Lending Rate (%) 9.60 9.4 16.35 8.9 8.65 8.65
Consumer Confidence (points) 98.00 86 88 90 92 94
Consumer Credit (EGP Million) 543457.00 457388 370002 539609 563720 563891


This page has economic forecasts for Egypt including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Egypt economy.