Markets Actual Q2 Q3 Q4 Q1 2022
Stock Market (points) 9933.35 9610 9341 9079 8825 8317
Currency 15.62 15.63 15.67 15.7 15.73 15.8

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 2.90 2.6 3.6 4.2 3.8 6.3
Unemployment Rate (%) 7.40 7.6 7.3 7.5 7.3 7.3
Inflation Rate (%) 4.80 5.3 6 5.7 5.3 5
Inflation Rate Mom (%) 0.70 0.7 0.6 0.4 0.6 0.3
Interest Rate (%) 8.25 8.25 8.25 7.75 7.5 7.25
Balance of Trade (USD Million) -3339.00 -3100 -3420 -3500 -3700 -3600
Current Account (USD Million) -4849.30 -3500 -2750 -3200 -3700 -4000
Current Account to GDP (% of GDP) -3.10 -4 -4 -4 -4.1 -4.1
Government Debt to GDP (% of GDP) 90.20 90 90 90 83 83
Government Budget (% of GDP) -9.00 -10 -10 -10 -11.3 -11.3
Manufacturing PMI (points) 48.60 48 49.3 49.6 48.7 49.8
Corporate Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5
Personal Income Tax Rate (%) 25.00 22.5 22.5 22.5 22.5 22.5

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 2.90 2.6 3.6 4.2 3.8 6.3
GDP (USD Billion) 303.20 280 280 280 280 340
GDP Constant Prices (EGP Million) 981550.50 990316 957377 962922 959226 1023586
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) 99840.00 109537 144896 145735 145175 154916
GDP From Construction (EGP Million) 71013.10 68382 50375 50667 50472 53859
GDP From Manufacturing (EGP Million) 157986.60 124329 139332 140139 139601 148968
GDP From Mining (EGP Million) 89030.00 101890 64276 64648 64400 68721
GDP From Transport (EGP Million) 43106.20 53296 49379 49665 49474 52794

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 7.40 7.6 7.3 7.5 7.3 7.3
Unemployed Persons (Thousand ) 2166.00 2300 2160 2320 2180 2200
Minimum Wages (EGP/Month) 2000.00 2400 2400 2400 2400 2400
Population (Million) 100.50 104 104 103 103 105
Employed Persons (Thousand) 27799.00 25800 26100 26000 27000 27500

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 4.80 5.3 6 5.7 5.3 5
Inflation Rate Mom (%) 0.70 0.7 0.6 0.4 0.6 0.3
Consumer Price Index CPI (points) 112.80 113 115 117 117 123
Core Consumer Prices (points) 107.60 108 108 109 110 113
Core Inflation Rate (%) 3.40 3.6 3.8 3.5 3.2 3.1
Food Inflation (%) 104.80 0.4 0.6 1 0.8 1.3
Producer Prices (points) 212.60 216 208 207 217 214
Producer Prices Change (%) 18.30 15 8 5 2.5 3.2
CPI Housing Utilities (points) 110.20 112 116 116 115 121
CPI Transportation (points) 123.20 122 128 128 127 134

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 8.25 8.25 8.25 7.75 7.5 7.25
Money Supply M0 (EGP Million) 968606.00 935000 925000 918000 880000 840000
Money Supply M1 (EGP Million) 1196863.00 1200000 1175000 1155000 1100000 1000000
Money Supply M2 (EGP Million) 5184738.00 5250000 5150000 5040000 4850000 4500000
Foreign Exchange Reserves (USD Million) 40468.00 41100 42000 43000 43000 45000
Banks Balance Sheet (EGP Million) 6408261.00 5800000 5800000 5800000 6000000 6000000
Loans to Private Sector (EGP Million) 1148430.00 1150000 1050000 1040000 1020000 995000
Deposit Interest Rate (%) 7.50 7.5 7.5 7 6.75 6.75
Lending Rate (%) 9.25 9.25 9.25 8.75 8.5 8.5
Central Bank Balance Sheet (EGP Million) 7554792.00 8400000 6800000 6400000 6100000 5800000

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -3339.00 -3100 -3420 -3500 -3700 -3600
Current Account (USD Million) -4849.30 -3500 -2750 -3200 -3700 -4000
Current Account to GDP (% of GDP) -3.10 -4 -4 -4 -4.1 -4.1
Imports (USD Million) 6033.00 5700 5800 6000 6100 6200
Exports (USD Million) 2693.00 2600 2380 2500 2400 2600
External Debt (USD Million) 129195.70 135000 128000 134000 126000 132000
Foreign Direct Investment (USD Million) 3568.10 4000 4300 4500 3780 4300
Capital Flows (USD Million) 5254.80 2500 1800 3000 1700 2500
Remittances (USD Million) 7493.30 6500 6380 6500 6700 7300
Tourism Revenues (USD Billion) 12.57 10 10 10 12 12

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (% of GDP) 90.20 90 90 90 83 83
Government Budget (% of GDP) -9.00 -10 -10 -10 -11.3 -11.3
Government Budget Value (Million EGP) -459294.00 -485000 -485000 -485000 -545000 -545000
Government Spending (EGP Billion) 126.00 137 117 118 117 125
Government Revenues (Million EGP) 975429.00 985000 985000 985000 995000 995000
Fiscal Expenditure (Million EGP) 1434723.00 1470000 1470000 1470000 1540000 1540000
Military Expenditure (USD Million) 4016.00 2000 2000 2000 2000 1800

Taxes Actual Q2 Q3 Q4 Q1 2022
Corporate Tax Rate (%) 22.50 22.5 22.5 22.5 22.5 22.5
Personal Income Tax Rate (%) 25.00 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 Q2 Q3 Q4 Q1 2022
Manufacturing PMI (points) 48.60 48 49.3 49.6 48.7 49.8
Manufacturing Production (%) -25.60 18 16 3 1.8 3

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (EGP Billion) 1495.00 1227 1536 1558 1552 1656
Gasoline Prices (USD/Liter) 0.49 0.48 0.48 0.48 0.48 0.48
Bank Lending Rate (%) 9.40 9.4 9.4 8.9 8.65 8.65
Consumer Confidence (points) 98.00 84 86 88 90 94
Consumer Credit (EGP Million) 543629.00 457388 514136 539609 563720 573604


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.