Egypt recorded a government budget deficit of 425035 Million EGP in 2019.

Government Budget Value in Egypt averaged -185685.38 Million EGP from 2004 until 2019, reaching an all time high of -29403 Million EGP in 2004 and a record low of -425035 Million EGP in 2019. This page provides - Egypt Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Government Budget Value - values, historical data and charts - was last updated on September of 2020.

Government Budget Value in Egypt is expected to reach -800000.00 Million EGP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Government Budget Value is projected to trend around -850000.00 Million EGP in 2021 and -650000.00 Million EGP in 2022, according to our econometric models.

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Egypt Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-425035.00 -420006.00 -29403.00 -425035.00 2004 - 2019 Million EGP Yearly

Egypt Government Last Previous Highest Lowest Unit
Government Debt to GDP 90.00 90.50 108.00 73.30 percent [+]
Government Budget -8.00 -9.70 -6.80 -12.50 percent of GDP [+]
Government Budget Value -425035.00 -420006.00 -29403.00 -425035.00 Million EGP [+]
Government Spending 110.00 114.00 114.00 11.00 EGP Billion [+]
Government Revenues 1080152.00 915974.00 1080152.00 109236.00 Million EGP [+]
Fiscal Expenditure 1505187.00 1335980.00 1505187.00 153367.00 Million EGP [+]
Credit Rating 30.00 [+]
Military Expenditure 2564.00 2766.00 5118.00 1108.00 USD Million [+]

Egypt Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.