The Gross Domestic Product (GDP) in Egypt expanded 5 percent in the first quarter of 2020 over the previous quarter.
GDP Growth Rate in Egypt averaged 4.23 percent from 1992 until 2020, reaching an all time high of 7.70 percent in the fourth quarter of 2007 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 October of 2020.
GDP Growth Rate in Egypt is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Egypt to stand at 5.30 in 12 months time. In the long-term, the Egypt GDP Growth Rate is projected to trend around 5.50 percent in 2021 and 6.00 percent in 2022, according to our econometric models.