Egypt recorded a Government Budget deficit equal to 7.20 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance, Egypt

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. This page provides - Egypt Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Government Budget - values, historical data and charts - was last updated on September of 2021.

Government Budget in Egypt is expected to reach -7.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Government Budget is projected to trend around -6.80 percent of GDP in 2022 and -6.00 percent of GDP in 2023, according to our econometric models.

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Egypt Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -8.00 -6.80 -12.50 2002 - 2020 percent of GDP Yearly

Egypt Government Last Previous Highest Lowest Unit
Government Debt to GDP 88.00 84.00 103.00 73.30 percent of GDP [+]
Government Budget -9.00 -8.00 -6.80 -12.50 percent of GDP [+]
Government Budget Value -459294.00 -427960.00 -29403.00 -459294.00 Million EGP [+]
Government Spending 123.00 126.00 134.00 11.00 EGP Billion [+]
Government Revenues 975429.00 941910.00 975429.00 109236.00 Million EGP [+]
Fiscal Expenditure 1434723.00 1369870.00 1434723.00 153367.00 Million EGP [+]
Credit Rating 30.00 [+]
Military Expenditure 4016.00 3744.00 7085.00 1534.00 USD Million [+]

Egypt Government Budget
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.