The Gross Domestic Product (GDP) in Egypt expanded 5.70 percent in the second quarter of 2019 over the same quarter of the previous year, according to preliminary estimates. GDP Annual Growth Rate in Egypt averaged 4.20 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.

GDP Annual Growth Rate in Egypt is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Egypt to stand at 5.60 in 12 months time. In the long-term, the Egypt GDP Annual Growth Rate is projected to trend around 5.80 percent in 2020, according to our econometric models.

Egypt GDP Annual Growth Rate
Forecast Data Chart
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Egypt GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.70 5.60 7.70 -3.80 percent [+]
GDP 250.90 235.40 332.90 4.00 USD Billion [+]
GDP Constant Prices 958629.60 933169.60 958629.60 316764.40 EGP Million [+]
GDP per capita 2907.30 2817.30 2907.30 578.30 USD [+]
GDP per capita PPP 11013.74 10672.80 11013.74 5830.25 USD [+]
GDP From Agriculture 99616.90 91811.80 128955.80 42897.60 EGP Million [+]
GDP From Construction 59242.40 59846.30 59846.30 5524.40 EGP Million [+]
GDP From Manufacturing 156442.50 164791.30 164791.30 51326.60 EGP Million [+]
GDP From Mining 122278.00 93349.60 122278.00 52089.80 EGP Million [+]
GDP From Transport 39085.90 39271.90 47847.80 11148.90 EGP Million [+]

Egypt GDP Annual Growth Rate

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. Egypt GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.60 7.70 -3.80 1992 - 2019 percent Quarterly

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China 6.00 Sep/19
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