Markets Actual Q2 Q3 Q4 Q1 2023
Stock Market (points) 10247.43 10242 9943 9652 9370 8832
Currency 18.58 18.44 18.63 18.82 19.02 19.42

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 5.40 3.5 4.7 5.2 4.8 5
Unemployment Rate (%) 7.20 7.7 7.5 7.7 7.4 7.3
Inflation Rate (%) 13.10 18 17 13 10 6
Inflation Rate Mom (%) 3.30 3.2 1.8 0.9 0.7 0.5
Interest Rate (%) 11.25 13 15 15.5 16 12
Balance of Trade (USD Million) -2256.00 -2750 -2600 -2400 -2400 -2700
Current Account (USD Million) -3801.10 -4900 -4800 -5000 -2800 -3200
Current Account to GDP (% of GDP) -4.60 -3 -3 -3 -3 -2.8
Government Debt to GDP (% of GDP) 88.00 87 87 87 84 84
Government Budget (% of GDP) -6.10 -6.3 -6.3 -6.3 -6.1 -6.1
Manufacturing PMI (points) 46.90 48 47 48 49 50
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 Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 5.40 3.5 4.7 5.2 4.8 5
GDP (USD Billion) 363.10 280 280 340 340 340
GDP Constant Prices (EGP Million) 1009636.00 1070510 1057089 1062137 1058099 1115244
Gross Fixed Capital Formation (EGP Billion) 162.20 168 170 171 170 179
GDP per capita (USD) 4028.42 3050 3170 3170 3170 3170
GDP per capita PPP (USD) 11951.45 12200 12200 12200 12200 12800
GDP From Agriculture (EGP Million) 146065.50 113054 152931 153661 153077 161344
GDP From Construction (EGP Million) 53815.40 74673 56345 56614 56399 59444
GDP From Manufacturing (EGP Million) 151489.40 138614 158609 159367 158761 167335
GDP From Mining (EGP Million) 66179.90 109490 69290 69621 69357 73102
GDP From Transport (EGP Million) 53633.60 55511 56154 56423 56208 59244

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 7.20 7.7 7.5 7.7 7.4 7.3
Unemployed Persons (Thousand ) 2200.00 2080 2200 2100 2050 2050
Minimum Wages (EGP/Month) 2000.00 2400 2400 2400 2400 2600
Population (Million) 100.50 103 103 105 105 105
Employed Persons (Thousand) 29700.00 28600 29100 29300 28900 29200

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 13.10 18 17 13 10 6
Inflation Rate Mom (%) 3.30 3.2 1.8 0.9 0.7 0.5
Consumer Price Index CPI (points) 126.70 133 135 132 135 140
Core Consumer Prices (points) 120.40 116 115 119 124 125
Core Inflation Rate (%) 11.90 7 6 6 5.7 5
Food Inflation (%) 26.00 30 25 18 16 9
Producer Prices (points) 282.10 266 271 270 271 298
Producer Prices Change (%) 19.90 22 18 16 13 10
CPI Housing Utilities (points) 115.70 130 132 129 126 136
CPI Transportation (points) 130.10 134 137 138 139 140

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 11.25 13 15 15.5 16 12
Money Supply M0 (EGP Million) 1154083.00 970000 950000 930000 930000 860000
Money Supply M1 (EGP Million) 1469458.00 1235000 1225000 1200000 1200000 1185000
Interbank Rate (%) 11.91 13.66 15.66 16.16 16.66 12.66
Money Supply M2 (EGP Million) 6280198.00 5200000 5050000 5025000 5025000 4900000
Foreign Exchange Reserves (USD Million) 37100.00 30500 32000 35000 38000 40000
Banks Balance Sheet (EGP Million) 7948115.00 6500000 6500000 6500000 6500000 7000000
Loans to Private Sector (EGP Million) 1401447.00 1360000 1345000 1340000 1260000 1240000
Deposit Interest Rate (%) 7.30 9.05 11.05 11.55 12.05 8.05
Lending Rate (%) 12.25 14 16 16.5 17 13
Central Bank Balance Sheet (EGP Million) 8828051.00 8100000 8160000 8100000 8100000 8200000

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) -2256.00 -2750 -2600 -2400 -2400 -2700
Current Account (USD Million) -3801.10 -4900 -4800 -5000 -2800 -3200
Current Account to GDP (% of GDP) -4.60 -3 -3 -3 -3 -2.8
Imports (USD Million) 7739.00 5750 6100 6000 6000 5750
Exports (USD Million) 5483.00 3000 3500 3600 3600 3050
External Debt (USD Million) 137420.10 152000 160000 164000 164000 168000
Foreign Direct Investment (USD Million) 3704.00 3600 4300 4300 4300 3900
Capital Flows (USD Million) 6049.50 6400 6300 6800 6800 7000
Remittances (USD Million) 8145.90 7300 7600 7600 7600 7500
Tourism Revenues (USD Billion) 3.80 3.5 3.5 3.5 7 7
Gold Reserves (Tonnes) 80.91 81.3 81.4 81.1 81.1 82.5

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 88.00 87 87 87 84 84
Government Budget (% of GDP) -6.10 -6.3 -6.3 -6.3 -6.1 -6.1
Government Budget Value (Million EGP) -470148.00 -610000 -610000 -477000 -610000 -705000
Government Spending (EGP Billion) 142.00 147 149 149 149 157
Government Revenues (Million EGP) 1108626.00 990000 990000 990000 990000 995000
Fiscal Expenditure (Million EGP) 1578774.00 1600000 1600000 1600000 1600000 1700000
Military Expenditure (USD Million) 4016.00 2000 2000 1800 1800 1800

Taxes Actual Q2 Q3 Q4 Q1 2023
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 Q2 Q3 Q4 Q1 2023
Manufacturing PMI (points) 46.90 48 47 48 49 50
Manufacturing Production (%) -25.60 2.5 2.2 2.3 2.3 3.5

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (EGP Billion) 1280.00 1325 1340 1347 1341 1414
Gasoline Prices (USD/Liter) 0.47 0.53 0.53 0.53 0.53 0.55
Bank Lending Rate (%) 9.70 11.45 13.45 13.95 14.45 10.45
Consumer Confidence (points) 95.00 92 94 94 96 96
Consumer Credit (EGP Million) 666535.00 581022 614461 649042 698529 681494


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Egypt Forecast - was last updated on Thursday, May 26, 2022.