The Egyptian economy expanded 8.30 percent year-on-year in the fourth quarter of 2021, according to estimates from the Prime Minister Mostafa Madbouly. The GDP advanced 9 percent in the July-December period and growth is expected to exceed 6 percent for the whole fiscal year that ends June 30th. source: Central Bank of Egypt
GDP Annual Growth Rate in Egypt averaged 4.12 percent from 1992 until 2021, reaching an all time high of 13.77 percent in the third quarter of 2011 and a record low of -3.80 percent in the first quarter of 2011. This page provides the latest reported value for - Egypt GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Egypt GDP Annual Growth Rate - values, historical data and charts - was last updated on May of 2022.
GDP Annual 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. In the long-term, the Egypt GDP Annual Growth Rate is projected to trend around 5.00 percent in 2023 and 5.40 percent in 2024, according to our econometric models.