Markets Actual Q2 Q3 Q4 Q1 2022
Stock Market (points) 10303.55 10015 9735 9462 9197 8667
Currency 15.66 15.69 15.73 15.76 15.79 15.86

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 2.00 2.5 3.6 2.8 3.6 5.4
Unemployment Rate (%) 7.20 9.4 8.8 8.5 8 7.9
Inflation Rate (%) 4.50 6 4.6 6 6.3 6.5
Inflation Rate Mom (%) 0.60 0.2 0.4 0.4 0.6 1
Interest Rate (%) 8.25 8 8 7.75 7.5 7.25
Balance of Trade (USD Million) -3234.00 -3200 -3430 -2750 -3200 -3600
Current Account (USD Million) -3827.80 -1600 -1370 -2000 -3700 -4000
Current Account to GDP (%) -3.10 -2.8 -2.8 -2.8 -3 -3
Government Debt to GDP (%) 90.20 90 90 90 83 83
Government Budget (% of GDP) -9.00 -8.5 -8.5 -8.5 -6.6 -6.6
Manufacturing PMI (points) 48.00 48 48.7 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 (%) 22.50 22.5 22.5 22.5 22.5 22.5

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 2.00 2.5 3.6 2.8 3.6 5.4
GDP (USD Billion) 303.20 280 280 280 280 340
GDP Constant Prices (EGP Million) 924109.50 989351 957377 949985 957377 1001284
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 109430 144896 143777 144896 151541
GDP From Construction (EGP Million) 48624.60 68315 50375 49986 50375 52685
GDP From Manufacturing (EGP Million) 134490.80 124207 139332 138257 139332 145722
GDP From Mining (EGP Million) 62042.70 101790 64276 63780 64276 67224
GDP From Transport (EGP Million) 51945.60 53244 53816 53400 53816 56284

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 7.20 9.4 8.8 8.5 8 7.9
Unemployed Persons (Thousand ) 2166.00 2080 2240 2320 2180 2400
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 27200

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 4.50 6 4.6 6 6.3 6.5
Inflation Rate Mom (%) 0.60 0.2 0.4 0.4 0.6 1
Consumer Price Index CPI (points) 111.00 111 114 384 117 125
Core Consumer Prices (points) 106.40 107 108 337 109 112
Core Inflation Rate (%) 3.70 3.6 3.3 3 3.2 3.3
Food Inflation (%) 1.10 1.6 0.6 1.4 -0.8 1.3
Producer Prices (points) 207.90 172 182 287 201 206
Producer Prices Change (%) -4.30 -3.2 -2.3 1.8 2.5 2.5
CPI Housing Utilities (points) 109.60 110 112 238 116 123
CPI Transportation (points) 120.50 121 123 380 128 136

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 8.25 8 8 7.75 7.5 7.25
Money Supply M0 (EGP Million) 921675.00 910000 925000 918000 870 860000
Money Supply M1 (EGP Million) 1146905.00 1145000 1150000 1135000 1115000 1100000
Money Supply M2 (EGP Million) 5030329.00 5400000 5150000 5040000 4850000 4500000
Foreign Exchange Reserves (USD Million) 40337.00 41300 43300 44000 42000 45200
Banks Balance Sheet (EGP Million) 5516806.00 5800000 5800000 5800000 6000000 6000000
Loans to Private Sector (EGP Million) 1106598.00 1150000 1050000 1040000 1020000 1005000
Deposit Interest Rate (%) 7.30 7.4 7.15 10.45 6.9 6.65
Lending Rate (%) 9.25 9.25 9 14 14 8.5
Central Bank Balance Sheet (EGP Million) 7022145.00 8500000 6800000 6400000 6000000 5800000

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -3234.00 -3200 -3430 -2750 -3200 -3600
Current Account (USD Million) -3827.80 -1600 -1370 -2000 -3700 -4000
Current Account to GDP (%) -3.10 -2.8 -2.8 -2.8 -3 -3
Imports (USD Million) 6037.00 5700 5800 6000 6100 6200
Exports (USD Million) 2803.00 2270 2500 2800 2400 2600
External Debt (USD Million) 125337.80 134000 136000 138000 140000 142000
Foreign Direct Investment (USD Million) 3497.80 4000 4300 4500 3780 4300
Capital Flows (USD Million) 3917.60 1600 1000 3000 1500 2500
Remittances (USD Million) 8028.10 6500 6380 6500 6700 7000
Tourism Revenues (USD Billion) 12.57 9.4 9.4 9.4 12 12

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 90.20 90 90 90 83 83
Government Budget (% of GDP) -9.00 -8.5 -8.5 -8.5 -6.6 -6.6
Government Budget Value (Million EGP) -459294.00 -515000 -515000 -465000 -515000 -477000
Government Spending (EGP Billion) 113.00 137 117 116 117 122
Government Revenues (Million EGP) 975429.00 985000 985000 985000 995000 995000
Fiscal Expenditure (Million EGP) 1434723.00 1500000 1500000 1500000 160000 1600000
Military Expenditure (USD Million) 3105.00 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 (%) 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 Q2 Q3 Q4 Q1 2022
Manufacturing PMI (points) 48.00 48 48.7 49.6 48.7 49.8
Manufacturing Production (%) -25.60 -5 -3.7 3 1.8 4

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (EGP Billion) 1483.00 1223 1536 1525 1536 1607
Gasoline Prices (USD/Liter) 0.51 0.48 0.48 0.48 0.48 0.48
Bank Lending Rate (%) 9.50 9.5 9.25 16.35 9 8.75
Consumer Confidence (points) 85.00 84 86 88 90 92
Consumer Credit (EGP Million) 530423.00 456942 514136 532359 549518 561106


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.