Future Economic Plans. This feature is limited to our corporate solutions. Please check your download folder. Egypt has one of the most developed and diversified economies in the Middle East. Direct access to our calendar releases and historical data. For details, please see your browser’s Help section (by pressing F1). Comprehensive GDP details are not yet available for the latest quarter, although the government reported that the tourism, manufacturing, and wholesale and retail trade sectors all suffered. Download historical data for 20 million indicators using your browser. Accessed October 09, 2020. https://www.statista.com/statistics/377340/gross-domestic-product-gdp-growth-rate-in-egypt/, IMF. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: According to the source, due to the high level of uncertainty in current global economic conditions, the IMF projections for these indicators are provided only through 2021. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Please check your download folder. To learn more about cookies, click here. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Agriculture accounts for 14.5 percent of output and Electricity, Water, Sanitation and Construction for around 7 percent. Profit from additional features by authenticating your Admin account. Egypt economic growth for was $0.00B, a NAN% decline from . 1992-2019 Data | 2020-2022 Forecast | Historical | Chart. The Trading Economics Application Programming Interface (API) provides direct access to our data. Publish your articles and forecasts in our website. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

"Egypt: Growth rate of the real gross domestic product (GDP) from 2009 to 2021 (compared to the previous year)." About

However, fiscal and monetary policy stimulus should moderate the downturn.

Twitter Egypt is the third largest economy in the Arab world. * All products require an annual contract; Prices do not include sales tax. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. At that time, the Egyptian economy … Consumer prices fell 0.15% in August over the previous month, swinging from July's 0.38% rise. The growth rate of Egypt’s gross domestic product (GDP) in 2019 was 5.56 percent after adjusting for inflation. Egypt sees strong growth in non-oil economy Minister of Planning and Economic Development Hala Al-Saeed said the positive result was due to increased consumer demand and exports

Egypt economic growth for was $0.00B, a NAN% decline from . Learn more about how Statista can support your business. Petroleum refining, communications and construction sectors propped up growth, however. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Get a sample report showing our regional, country and commodities data and analysis. GDP 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. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Egypt Non-Oil Private Sector Returns to Growth, Egypt Inflation Rate Slows to 10-Month Low of 3.4%, Banks Face Elevated Risks: RBA Stability Review, China Shanghai Composite Surges 1.4% at Open, China Private Sector Growth Remains Robust: Caixin, Philippines Imports Extend Double-Digit Fall. GDP growth (annual %) - Egypt, Arab Rep. from The World Bank: Data We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Download historical data for 20 million indicators using your browser. My Cart Furthermore, decelerating growth in government spending should add to the slowdown somewhat. Egypt economic growth for was $0.00B, a NAN% decline from . A process of public sector reform and privatization has begun to enhance opportunities for the private sector. Please create an employee account to be able to mark statistics as favorites. Business activity in the Arab world’s three largest economies returned to growth, with Egypt seeing its first expansion in 14 months. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The economy expanded 5.0% year-on-year in the third quarter of FY 2020 (January–March 2020), according to estimates announced by the Ministry of Planning and Development on 30 May. The growth rate of Egypt’s gross domestic product (GDP) in 2019 was 5.56 percent after adjusting for inflation. Industry constitutes 30 percent of the output and the largest segments within this sector are: Manufacturing (15.5 percent) and Extraction (13.5 percent). 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). Manufacturing had become less dominated by the public sector, especially in heavy industries. Publish your articles and forecasts in our website. 1992-2020 Data | 2021-2022 Forecast | Historical. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Egypt economic growth for was $0.00B, a 100% decline from 2019. Until 2010, Egyptian economy was growing an average 5 percent a quarter as a result of several economic reforms attracting foreign investments. COVID-19 deaths worldwide as of October 7, 2020, by country, COVID-19 cases worldwide as of October 7, 2020, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Oct. 7, 2020, New cases of COVID-19 worldwide from January 23 to October 7, 2020, by day.
International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. | Egypt GDP | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Egypt: Central Bank cuts rates by 50 basis points at September meeting, Egypt: Inflation plunges to lowest level since October 2019 in August, Egypt: PMI dips marginally in August, remaining in contractionary territory, Egypt: Central Bank maintains key rates unchanged at August meeting, Egypt: Inflation drops to lowest level since November 2019 in July, Economic Growth (GDP, annual variation in %). This site uses cookies to optimize functionality and give you the best possible experience.
In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. Twitter LinkedIn Direct access to our calendar releases and historical data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

5 years of economic forecasts for more than 30 economic indicators. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Google+, © Copyright: 2020. Egypt’s growth is expected at 3.4 percent during the current fiscal year (FY) 2020/2021 despite vulnerabilities, said Fitch Solution, a provider of credit and macro intelligence. Consumer prices increased 0.38% in July over the previous month, coming in below the 0.08% increase logged in June. * Estimate.Values have been rounded. Client Log In, Facebook April 29, 2020. Economic policy will focus initially on mitigating the fallout of the coronavirus, with fiscal consolidation set back, although reforms will be maintained as part of an IMF programme. Egyptian government officials have taken advantage of the regime’s one-voice media to disseminate economic data that are far from reality. Please do not hesitate to contact me. Egypt Economic Growth Economic growth is projected to slow further in FY 2021—which runs from July 2020 to June 2021—as the prolonged impact of the pandemic restrains household spending and inhibits the external sector.


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