Markets Actual Q4 Q1 Q2 Q3 2021
Stock Market (points) 10997.35 10580 10284 9996 9716 9157
Currency 15.59 15.63 15.67 15.7 15.73 15.8

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 5.00 3.5 4 5 5.3 5.5
Unemployment Rate (%) 7.30 9 8.5 8.3 8.7 8.6
Inflation Rate (%) 4.50 5 4.7 4.5 4.3 4.5
Inflation Rate Mom (%) 1.80 0.3 0.8 0.5 1 1
Interest Rate (%) 8.25 8.25 8.25 8.25 7.25 7.25
Balance of Trade (USD Million) -2705.00 -2840 -3230 -3250 -3200 -3400
Current Account (USD Million) -2764.70 -3400 -3000 -1600 -1370 -2000
Current Account to GDP (%) -3.60 -6 -6.3 -6.3 -6.3 -6.3
Government Debt to GDP (%) 90.00 118 112 112 112 112
Government Budget (% of GDP) -8.00 -10 -8.5 -8.5 -8.5 -8.5
Manufacturing PMI (points) 51.40 48.7 49 50 49.6 49
Corporate Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5
Personal Income Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 5.00 3.5 4 5 5.3 5.5
GDP (USD Billion) 303.20 220 280 280 280 280
GDP Constant Prices (EGP Million) 965220.20 1002884 1011970 1047270 1057340 1061051
GDP per capita (USD) 3008.80 2900 3050 3050 3050 3050
GDP per capita PPP (USD) 11763.30 10500 11200 11200 11200 11200
GDP From Agriculture (EGP Million) 106761.20 144348 98653 106502 107526 152720
GDP From Construction (EGP Million) 66649.00 49078 68054 66543 67183 51924
GDP From Manufacturing (EGP Million) 121177.90 166973 179619 189155 190974 176657
GDP From Mining (EGP Million) 99307.70 70733 97191 122000 123173 74835
GDP From Transport (EGP Million) 51945.60 53559 42479 41880 42283 56665

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 7.30 9 8.5 8.3 8.7 8.6
Unemployed Persons (Thousand ) 2061.00 2850 2740 2680 2720 2700
Minimum Wages (EGP/Month) 2000.00 2000 2000 2000 2000 2000
Population (Million) 99.80 102 104 104 104 103
Employed Persons (Thousand) 24115.00 25000 25500 25800 26100 26000

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 4.50 5 4.7 4.5 4.3 4.5
Inflation Rate Mom (%) 1.80 0.3 0.8 0.5 1 1
Consumer Price Index CPI (points) 110.20 110 111 113 113 115
Core Consumer Prices (points) 105.60 106 107 108 107 109
Core Inflation Rate (%) 3.90 4.3 3.9 3.6 3.3 3
Food Inflation (%) -0.70 1.5 -1.6 0.4 2 1.6
Producer Prices (points) 194.50 254 195 182 193 287
Producer Prices Change (%) -4.50 -5 1.7 2.4 1 2
CPI Housing Utilities (points) 109.40 110 110 111 114 115
CPI Transportation (points) 120.50 122 121 121 126 127

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 8.25 8.25 8.25 8.25 7.25 7.25
Money Supply M2 (EGP Million) 4757186.00 4250000 4250000 4250000 4250000 4250000
Foreign Exchange Reserves (USD Million) 39220.00 40000 42500 43000 44300 45000
Banks Balance Sheet (EGP Million) 5516806.00 5750000 6000000 6000000 6000000 6000000
Loans to Private Sector (EGP Million) 1050323.00 1035000 1030000 1035000 1040000 1040000
Deposit Interest Rate (%) 7.10 6.9 6.9 6.9 5.9 5.9
Lending Rate (%) 9.25 15.75 9.25 9.25 8.25 14
Central Bank Balance Sheet (EGP Million) 6505127.00 7000000 7400000 7600000 7850000 7700000

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -2705.00 -2840 -3230 -3250 -3200 -3400
Current Account (USD Million) -2764.70 -3400 -3000 -1600 -1370 -2000
Current Account to GDP (%) -3.60 -6 -6.3 -6.3 -6.3 -6.3
Imports (USD Million) 5033.00 5300 5600 5700 5800 6000
Exports (USD Million) 2327.00 2460 2370 2450 2600 2600
External Debt (USD Million) 111292.20 125000 127500 130000 132000 130000
Foreign Direct Investment (USD Million) 3585.00 3200 4300 4000 4500 4450
Capital Flows (USD Million) -1143.50 2500 4100 2300 3000 3100
Remittances (USD Million) 7869.00 6500 6300 6700 7000 7000
Tourism Revenues (USD Billion) 12.57 7 10 10 10 10

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 90.00 118 112 112 112 112
Government Budget (% of GDP) -8.00 -10 -8.5 -8.5 -8.5 -8.5
Government Budget Value (Million EGP) -425035.00 -450000 -465000 -850000 -850000 -465000
Government Spending (EGP Billion) 134.00 119 118 114 116 126
Government Revenues (Million EGP) 1080152.00 950000 1000000 1000000 1000000 1000000
Fiscal Expenditure (Million EGP) 1505187.00 1750000 1850000 1850000 1850000 1850000
Military Expenditure (USD Million) 2564.00 2200 2000 2000 2000 2000

Taxes Actual Q4 Q1 Q2 Q3 2021
Corporate Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5
Personal Income Tax Rate (%) 22.50 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 2021
Manufacturing PMI (points) 51.40 48.7 49 50 49.6 49
Manufacturing Production (%) -25.60 -12 -6 4 5 3

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (EGP Billion) 1193.00 985 1301 1208 1220 1042
Gasoline Prices (USD/Liter) 0.48 0.48 0.48 0.48 0.43 0.48
Bank Lending Rate (%) 10.10 11 11 11 10 10
Consumer Confidence (points) 85.00 75 82 85 87 90
Consumer Credit (EGP Million) 496270.00 349718 409566 443597 468087 370002


This page has economic forecasts for Egypt including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Egypt economy.