Markets Actual Q3 Q4 Q1 Q2 2023
Stock Market (points) 8685.74 8959 8700 8449 8204 7737
Currency 18.84 19.15 19.55 19.96 20.38 21.24

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 5.40 4.7 5.2 4.8 5 5
Unemployment Rate (%) 7.20 7.3 7.3 7.4 7.2 7.2
Inflation Rate (%) 13.50 15 13 10 7 6
Inflation Rate Mom (%) 1.10 1.8 0.9 0.7 0.5 0.5
Interest Rate (%) 11.25 12 13.25 13.75 14.25 15
Balance of Trade (USD Million) -1702.00 -2750 -2600 -2400 -2400 -2700
Current Account (USD Million) -3801.10 -4800 -5000 -2800 -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 84 84 84
Government Budget (% of GDP) -6.10 -6.3 -6.3 -6.1 -6.1 -6.1
Manufacturing PMI (points) 47.00 46.7 48 49 50 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 Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 5.40 4.7 5.2 4.8 5 5
GDP (USD Billion) 363.10 280 340 340 340 340
GDP Constant Prices (EGP Million) 1660012.20 1057089 1111293 1739693 1743013 1166858
Gross Fixed Capital Formation (EGP Billion) 162.20 168 170 171 170 179
GDP per capita (USD) 4028.42 3170 3170 3170 3170 3170
GDP per capita PPP (USD) 11951.45 12200 12200 12200 12200 12800
GDP From Agriculture (EGP Million) 110343.20 152931 110283 115640 115860 115798
GDP From Construction (EGP Million) 72824.50 56345 81053 76320 76466 85106
GDP From Manufacturing (EGP Million) 175245.10 158609 182906 183657 184007 192051
GDP From Mining (EGP Million) 121556.50 69290 99959 127391 127634 104957
GDP From Transport (EGP Million) 53633.60 55511 56154 56423 56208 59244

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 7.20 7.3 7.3 7.4 7.2 7.2
Unemployed Persons (Thousand ) 2200.00 2200 2100 2050 2050 2050
Minimum Wages (EGP/Month) 2400.00 2400 2400 2400 2400 2600
Population (Million) 100.50 103 105 105 105 105
Employed Persons (Thousand) 29700.00 29100 29300 28900 28900 29200

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 13.50 15 13 10 7 6
Inflation Rate Mom (%) 1.10 1.8 0.9 0.7 0.5 0.5
Consumer Price Index CPI (points) 128.00 133 132 135 137 140
Core Consumer Prices (points) 122.30 122 123 128 131 132
Core Inflation Rate (%) 13.30 12 10 8.7 7 7
Food Inflation (%) 24.80 25 18 16 10 9
Producer Prices (points) 287.80 292 290 333 334 333
Producer Prices Change (%) 32.50 28 24 18 16 15
CPI Housing Utilities (points) 118.30 130 129 126 127 136
CPI Transportation (points) 130.40 133 134 135 136 136

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 11.25 12 13.25 13.75 14.25 15
Money Supply M0 (EGP Million) 1196341.00 950000 930000 930000 930000 860000
Money Supply M1 (EGP Million) 1478481.00 1225000 1200000 1200000 1200000 1185000
Interbank Rate (%) 11.30 12.05 13.3 13.8 14.3 14.3
Money Supply M2 (EGP Million) 6416230.00 5050000 5025000 5025000 5025000 4900000
Foreign Exchange Reserves (USD Million) 35495.00 35300 36000 36500 38000 40000
Banks Balance Sheet (EGP Million) 7948115.00 6500000 6500000 6500000 6500000 7000000
Loans to Private Sector (EGP Million) 1436567.00 1345000 1340000 1260000 1245000 1240000
Deposit Interest Rate (%) 7.40 7.4 8.15 9.4 9.9 10.65
Lending Rate (%) 12.25 12.25 13 14.25 14.75 15.5
Central Bank Balance Sheet (EGP Million) 9413285.00 8160000 8100000 8100000 8100000 8200000

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) -1702.00 -2750 -2600 -2400 -2400 -2700
Current Account (USD Million) -3801.10 -4800 -5000 -2800 -2800 -3200
Current Account to GDP (% of GDP) -4.60 -3 -3 -3 -3 -2.8
Imports (USD Million) 6637.00 6100 6000 6000 6000 5750
Exports (USD Million) 4935.00 3500 3600 3600 3600 3050
External Debt (USD Million) 145529.30 160000 164000 164000 164000 168000
Foreign Direct Investment (USD Million) 4237.10 4300 4300 4300 4300 3900
Capital Flows (USD Million) 6049.50 6300 6800 6800 6800 7000
Remittances (USD Million) 7437.20 7600 7600 7600 7600 7500
Tourism Revenues (USD Billion) 3.80 3.5 3.5 7 7 7
Gold Reserves (Tonnes) 124.97 81.4 81.1 81.1 81.1 82.5

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 88.00 87 87 84 84 84
Government Budget (% of GDP) -6.10 -6.3 -6.3 -6.1 -6.1 -6.1
Government Budget Value (Million EGP) -470148.00 -610000 -477000 -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 1800 1800 1800 1800

Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2023
Manufacturing PMI (points) 47.00 46.7 48 49 50 50
Manufacturing Production (%) -25.60 2.2 2.3 2.3 2.3 3.5

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Spending (EGP Billion) 1280.00 1325 1340 1347 1341 1414
Gasoline Prices (USD/Liter) 0.47 0.5 0.5 0.49 0.48 0.48
Bank Lending Rate (%) 10.40 11.15 12.4 12.9 13.4 13.4
Consumer Confidence (points) 95.00 94 94 96 96 96
Consumer Credit (EGP Million) 672906.00 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 Tuesday, July 5, 2022.