The Gross Domestic Product (GDP) in Egypt expanded 5.60 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Egypt averaged 4.22 percent from 1992 until 2019, 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. source: Central Bank of Egypt

GDP Annual Growth Rate in Egypt is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Egypt to stand at 5.30 in 12 months time. In the long-term, the Egypt GDP Annual Growth Rate is projected to trend around 5.70 percent in 2020, according to our econometric models.

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Egypt GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.70 7.70 -3.80 1992 - 2019 percent Quarterly

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.

Egypt GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.60 5.70 7.70 -3.80 percent [+]
GDP 250.90 235.40 332.90 4.00 USD Billion [+]
GDP Constant Prices 996046.40 958629.60 996046.40 316764.40 EGP Million [+]
GDP per capita 2907.30 2817.30 2907.30 578.30 USD [+]
GDP per capita PPP 11013.74 10672.80 11013.74 5830.25 USD [+]
GDP From Agriculture 104323.70 99616.90 128955.80 42897.60 EGP Million [+]
GDP From Construction 70659.60 59242.40 70659.60 5524.40 EGP Million [+]
GDP From Manufacturing 144131.70 156442.50 164791.30 51326.60 EGP Million [+]
GDP From Mining 108122.30 122278.00 122278.00 52089.80 EGP Million [+]
GDP From Transport 50233.90 39085.90 50233.90 11148.90 EGP Million [+]