Markets Actual Q1 Q2 Q3 Q4 2022
Stock Market (points) 11617.91 11293 10977 10669 10370 9773
Currency 15.65 15.68 15.72 15.75 15.78 15.85

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 0.70 1.7 2.3 2.5 2.8 5
Unemployment Rate (%) 7.20 6.8 8 8.4 8.2 8
Inflation Rate (%) 4.30 6.4 6.8 7.5 7 6.8
Inflation Rate Mom (%) -0.40 0.3 0.5 1 1 1.2
Interest Rate (%) 8.25 7.75 7.75 7.25 7.25 6.75
Balance of Trade (USD Million) -3287.00 -2840 -3230 -3400 -2750 -3800
Current Account (USD Million) -2800.00 -3000 -1600 -1370 -2000 -1900
Current Account to GDP (%) -3.10 -3.6 -3.6 -3.6 -3.6 -3.7
Government Debt to GDP (%) 90.20 90 90 90 90 83
Government Budget (% of GDP) -8.00 -8.5 -8.5 -8.5 -8.5 -7
Manufacturing PMI (points) 48.70 50 49.6 49.8 49 49.8
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 Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 0.70 1.7 2.3 2.5 2.8 5
GDP (USD Billion) 303.20 280 280 280 280 340
GDP Constant Prices (EGP Million) 924109.50 1024110 987420 947212 949985 997484
GDP per capita (USD) 3008.80 3050 3050 3050 3050 3170
GDP per capita PPP (USD) 11763.30 11200 11200 11200 11200 11800
GDP From Agriculture (EGP Million) 139860.70 104146 109217 143357 143777 150966
GDP From Construction (EGP Million) 48624.60 65072 68182 49840 49986 52485
GDP From Manufacturing (EGP Million) 134490.80 184972 123965 137853 138257 145169
GDP From Mining (EGP Million) 62042.70 119302 101592 63594 63780 66969
GDP From Transport (EGP Million) 51945.60 40954 53140 53244 53400 56070

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 7.20 6.8 8 8.4 8.2 8
Unemployed Persons (Thousand ) 2166.00 2260 2080 2240 2320 2400
Minimum Wages (EGP/Month) 2000.00 2000 2000 2000 2000 2000
Population (Million) 100.50 104 104 104 103 105
Employed Persons (Thousand) 26110.00 25500 25800 26100 26000 27200

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 4.30 6.4 6.8 7.5 7 6.8
Inflation Rate Mom (%) -0.40 0.3 0.5 1 1 1.2
Consumer Price Index CPI (points) 110.10 113 115 116 118 126
Core Consumer Prices (points) 106.10 107 108 107 109 112
Core Inflation Rate (%) 3.60 3.9 3.6 3.3 3 2.6
Food Inflation (%) 2.80 -1.4 0.4 2 1.6 2
Producer Prices (points) 192.50 172 182 199 198 203
Producer Prices Change (%) -4.30 -3.7 -3.2 2.3 3 2.5
CPI Housing Utilities (points) 109.40 112 113 117 117 125
CPI Transportation (points) 120.60 123 124 129 129 138

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 8.25 7.75 7.75 7.25 7.25 6.75
Money Supply M2 (EGP Million) 4920823.00 4250000 4250000 4250000 4250000 4250000
Foreign Exchange Reserves (USD Million) 40101.00 40500 41300 43300 44000 45200
Banks Balance Sheet (EGP Million) 5516806.00 6000000 6000000 6000000 6000000 5650000
Loans to Private Sector (EGP Million) 1079038.00 1030000 1035000 1040000 1040000 1050000
Deposit Interest Rate (%) 7.40 6.9 6.9 6.4 6.4 6.4
Lending Rate (%) 9.25 8.75 8.75 8.25 8.25 8.25
Central Bank Balance Sheet (EGP Million) 6889368.00 6800000 6650000 6500000 6200000 5800000

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -3287.00 -2840 -3230 -3400 -2750 -3800
Current Account (USD Million) -2800.00 -3000 -1600 -1370 -2000 -1900
Current Account to GDP (%) -3.10 -3.6 -3.6 -3.6 -3.6 -3.7
Imports (USD Million) 5491.00 5600 5700 5800 6000 6300
Exports (USD Million) 2201.00 2370 2300 2270 2200 2400
External Debt (USD Million) 123490.50 132000 134000 136000 138000 140000
Foreign Direct Investment (USD Million) 3090.70 4100 4000 4500 4450 4700
Capital Flows (USD Million) 1284.00 4100 1600 1000 3000 4000
Remittances (USD Million) 6212.50 6300 6700 7000 7000 7400
Tourism Revenues (USD Billion) 12.57 10 10 10 10 14

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 90.20 90 90 90 90 83
Government Budget (% of GDP) -8.00 -8.5 -8.5 -8.5 -8.5 -7
Government Budget Value (Million EGP) -425035.00 -465000 -600000 -600000 -465000 -477000
Government Spending (EGP Billion) 113.00 112 137 137 138 145
Government Revenues (Million EGP) 1080152.00 1200000 1200000 1200000 1200000 1320000
Fiscal Expenditure (Million EGP) 1505187.00 1800000 1800000 1800000 1800000 1870000
Military Expenditure (USD Million) 2564.00 2000 2000 2000 2000 1800

Taxes Actual Q1 Q2 Q3 Q4 2022
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 Q1 Q2 Q3 Q4 2022
Manufacturing PMI (points) 48.70 50 49.6 49.8 49 49.8
Manufacturing Production (%) -25.60 12 8 5 3 4.5

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Spending (EGP Billion) 1483.00 1182 1220 1223 1226 1288
Gasoline Prices (USD/Liter) 0.48 0.48 0.48 0.48 0.48 0.48
Bank Lending Rate (%) 9.70 9.2 9.2 8.7 8.7 8.7
Consumer Confidence (points) 85.00 82 85 87 90 93
Consumer Credit (EGP Million) 517859.00 433787 456050 508677 525642 551924


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.