Markets Actual Q4 Q1 Q2 Q3 2022
Stock Market (points) 11212.30 11158 10892 10631 10377 9887
Currency 15.68 15.71 15.75 15.78 15.82 15.89

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 7.20 4 3.8 4.5 5 4.9
Unemployment Rate (%) 7.50 7.2 7.3 7.1 7 7.1
Inflation Rate (%) 6.30 6.4 5.6 6 6 6.2
Inflation Rate Mom (%) 1.10 1 0.8 0.5 1 1
Interest Rate (%) 8.25 8.25 8.25 8.25 7.75 7.75
Balance of Trade (USD Million) -2384.00 -2800 -2850 -2750 -2600 -2400
Current Account (USD Million) -5134.80 -5000 -5100 -4900 -4800 -5000
Current Account to GDP (% of GDP) -4.60 -4 -3 -3 -3 -3
Government Debt to GDP (% of GDP) 88.00 90 87 87 87 87
Government Budget (% of GDP) -9.00 -7.7 -6.8 -6.8 -6.8 -6.8
Manufacturing PMI (points) 48.70 50.7 49.6 49.8 50.2 50.5
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 Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 7.20 4 3.8 4.5 5 4.9
GDP (USD Billion) 363.10 280 280 280 280 340
GDP Constant Prices (EGP Million) 1034309.00 1020813 1054139 1080853 1086024 1070832
Gross Fixed Capital Formation (EGP Billion) 162.20 125 138 170 170 131
GDP per capita (USD) 4028.42 3050 3050 3050 3170 3170
GDP per capita PPP (USD) 11951.45 11200 11200 11200 11800 11800
GDP From Agriculture (EGP Million) 109230.60 103834 110336 114146 114692 108921
GDP From Construction (EGP Million) 72147.80 73854 71130 75394 75755 77472
GDP From Manufacturing (EGP Million) 133926.70 164306 166438 139953 140623 172357
GDP From Mining (EGP Million) 105787.10 92591 125082 110548 111076 97128
GDP From Transport (EGP Million) 53633.60 44830 44148 56047 56315 47027

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 7.50 7.2 7.3 7.1 7 7.1
Unemployed Persons (Thousand ) 2211.00 2080 2065 2040 2060 2065
Minimum Wages (EGP/Month) 2000.00 2000 2400 2400 2400 2400
Population (Million) 100.50 103 103 103 103 105
Employed Persons (Thousand) 27000.00 26500 27300 27400 27500 27500

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 6.30 6.4 5.6 6 6 6.2
Inflation Rate Mom (%) 1.10 1 0.8 0.5 1 1
Consumer Price Index CPI (points) 117.10 118 117 120 122 125
Core Consumer Prices (points) 111.10 110 111 112 112 114
Core Inflation Rate (%) 5.20 4.3 3.7 3.5 3.2 3.2
Food Inflation (%) 11.50 10.5 8 6 4 3.5
Producer Prices (points) 228.50 226 237 240 242 239
Producer Prices Change (%) 18.70 16.3 12 8 6 6
CPI Housing Utilities (points) 112.80 116 116 117 120 124
CPI Transportation (points) 125.60 127 128 129 130 131

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 8.25 8.25 8.25 8.25 7.75 7.75
Money Supply M0 (EGP Million) 1005060.00 1005000 985000 970000 950000 930000
Money Supply M1 (EGP Million) 1330584.00 1265000 1245000 1235000 1225000 1200000
Interbank Rate (%) 8.58 8.58 8.58 8.58 8.08 8.08
Money Supply M2 (EGP Million) 5575665.00 5460000 5300000 5200000 5050000 5025000
Foreign Exchange Reserves (USD Million) 40849.00 42000 43000 44000 45000 45000
Banks Balance Sheet (EGP Million) 6408261.00 5800000 5500000 5500000 5500000 5500000
Loans to Private Sector (EGP Million) 1222757.00 1170000 1164000 1160000 1145000 1140000
Deposit Interest Rate (%) 7.50 7.5 7.5 7.5 7 7
Lending Rate (%) 9.25 9.25 9.25 9.25 8.75 8.75
Central Bank Balance Sheet (EGP Million) 8274569.00 7900000 8050000 8100000 8160000 8100000

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -2384.00 -2800 -2850 -2750 -2600 -2400
Current Account (USD Million) -5134.80 -5000 -5100 -4900 -4800 -5000
Current Account to GDP (% of GDP) -4.60 -4 -3 -3 -3 -3
Imports (USD Million) 5838.00 5800 6050 5750 6100 6000
Exports (USD Million) 3454.00 3000 3200 3000 3500 3600
External Debt (USD Million) 137859.60 155000 160000 162000 164000 164000
Foreign Direct Investment (USD Million) 3679.30 4100 3780 3600 4300 4300
Capital Flows (USD Million) 6311.80 3000 1700 2300 3000 2700
Remittances (USD Million) 8054.30 7800 7550 7300 7600 7600
Tourism Revenues (USD Billion) 3.80 7 10 10 10 10

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 88.00 90 87 87 87 87
Government Budget (% of GDP) -9.00 -7.7 -6.8 -6.8 -6.8 -6.8
Government Budget Value (Million EGP) -459294.00 -465000 -517000 -610000 -610000 -477000
Government Spending (EGP Billion) 142.00 131 128 148 149 137
Government Revenues (Million EGP) 975429.00 983000 990000 990000 990000 990000
Fiscal Expenditure (Million EGP) 1434723.00 1500000 1600000 1600000 1600000 1600000
Military Expenditure (USD Million) 4016.00 2000 2000 2000 2000 1800

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2022
Manufacturing PMI (points) 48.70 50.7 49.6 49.8 50.2 50.5
Manufacturing Production (%) -25.60 3 1.8 2.5 2.2 2.3

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (EGP Billion) 1280.00 1555 1438 1338 1344 1631
Gasoline Prices (USD/Liter) 0.53 0.48 0.48 0.48 0.48 0.48
Bank Lending Rate (%) 9.30 9.3 9.3 9.3 8.8 8.8
Consumer Confidence (points) 98.00 88 90 92 94 94
Consumer Credit (EGP Million) 586878.00 538573 563720 586636 616222 564963


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 Tuesday, November 30, 2021.