The Gross Domestic Product (GDP) in Egypt expanded 9.80 percent in the third quarter of 2021 over the previous quarter. source: Central Bank of Egypt

GDP Growth Rate in Egypt averaged 4.18 percent from 1992 until 2021, reaching an all time high of 9.80 percent in the third quarter of 2021 and a record low of -3.80 percent in the first quarter of 2011. This page provides - Egypt GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt GDP Growth Rate - values, historical data and charts - was last updated on June of 2022.

GDP Growth Rate in Egypt is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt GDP Growth Rate is projected to trend around 5.20 percent in 2023, according to our econometric models.

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Egypt GDP Growth Rate

Related Last Previous Unit Reference
GDP Growth Rate 9.80 7.70 percent Sep 2021
GDP Annual Growth Rate 5.40 8.30 percent Mar 2022
Gross Fixed Capital Formation 162.20 133.10 EGP Billion Jun 2021

Egypt GDP Growth Rate
Egypt has one of the most developed and diversified economies in the Middle East. Until 2010, Egyptian economy was growing an average 5 percent a quarter as a result of several economic reforms attracting foreign investments. During that time, the economy and the living standards for majority of population improved. Yet, living conditions for the average Egyptian still remained poor and large income disparities continued to grow, leading to the public discontent. The 2011 revolution, which brought down President Hosni Mubarak regime, have caused economic slowdown as political and institutional uncertainty and rising insecurity continue to hurt tourism, manufacturing, and construction.
Actual Previous Highest Lowest Dates Unit Frequency
9.80 7.70 9.80 -3.80 1992 - 2021 percent Quarterly