The Gross Domestic Product (GDP) in Egypt expanded 2.22 percent in the first quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Egypt averaged 4.16 percent from 1992 until 2024, reaching an all time high of 13.77 percent in the third quarter of 2011 and a record low of -3.80 percent in the first quarter of 2011. source: Ministry of Planning and Economic Development

GDP Annual Growth Rate in Egypt is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt GDP Annual Growth Rate is projected to trend around 4.50 percent in 2025 and 5.10 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 3.50 6.17 percent Dec 2023
GDP 395.93 476.75 USD Billion Dec 2023
GDP Annual Growth Rate 2.22 2.30 percent Mar 2024
GDP Constant Prices 2137.43 2149.22 EGP Million Dec 2023
GDP from Agriculture 499059.63 453828.30 EGP Million Mar 2024
GDP from Construction 343279.96 345213.39 EGP Million Mar 2024
GDP from Manufacturing 563779.92 466360.97 EGP Million Mar 2024
GDP from Mining 270613.32 216407.88 EGP Million Mar 2024
GDP from Transport 155071.64 147261.59 EGP Million Mar 2024
GDP per Capita 4177.61 4088.90 USD Dec 2023
GDP per Capita PPP 16960.57 16600.39 USD Dec 2023
Gross Fixed Capital Formation 231.62 177.14 EGP Billion Dec 2023

Egypt GDP Annual Growth Rate
Egypt is the third largest economy in the Arab world. Services are the most important sector of the economy and account for around 47.5 percent of total GDP. The most important segments within Services are Wholesale and Retail Trade (10 percent of the output), Government (9 percent), Transportation and Communication (8 percent), Finance, Insurance and Real Estate (8 percent) and Tourism (4 percent). Industry constitutes 30 percent of the output and the largest segments within this sector are: Manufacturing (15.5 percent) and Extraction (13.5 percent). Agriculture accounts for 14.5 percent of output and Electricity, Water, Sanitation and Construction for around 7 percent.
Actual Previous Highest Lowest Dates Unit Frequency
2.22 2.30 13.77 -3.80 1992 - 2024 percent Quarterly
Current Prices