What is the GDP of Egypt?

Egypt's GDP is approximately $389.1 billion USD. The GDP growth rate is 2.4%.

What is the population of Egypt?

Egypt has a population of approximately 116.5 million people. The population growth rate is 1.7%.

What is the inflation rate in Egypt?

The inflation rate in Egypt is 28.3%.

What is the unemployment rate in Egypt?

The unemployment rate in Egypt is 6.8%.

What is the GDP per capita of Egypt?

Egypt's GDP per capita is approximately $3,338 USD.

Is Egypt a good country to invest in?

Egypt has an investment score of 38/100, classified as "Caution" risk. Key sectors include Tourism, Suez Canal, Energy. Credit rating: B-.

How open is Egypt's economy to trade?

Egypt's trade openness (trade as % of GDP) is 40%. Exports total approximately $63.7B and imports $90.4B.

How much foreign investment does Egypt attract?

Foreign direct investment (FDI) in Egypt is 12% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Egypt?

Egypt's economy is composed of services (49% of GDP), industry (33% of GDP), and agriculture (14% of GDP).

Can I start a business in Egypt as a foreigner?

Egypt offers various options for foreign entrepreneurs. Visit our business setup guide for Egypt for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Egypt's economy growing?

Egypt's GDP growth rate is 2.4%. The economy is growing at a moderate pace.

🇪🇬

Egypt Economy Overview

Name: NationsData World Economic Dataset
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Middle East & North AfricaLower MiddleCapital: CairoEGY

Caution

B-

Growing

389.1B USD

GDP (Nominal)

Growing at 2.4%

$3,338

GDP Per Capita

Developing economy

116.5M

Population

+1.7% annual growth

High

28.3%

Inflation

Elevated

40%of GDP

Trade Openness

Strong

12%of GDP

FDI Inflows

Public Debt

High

6.8%

Unemployment

Deficit

-$26.7B

Trade Balance

Currency & Exchange Rate

Currency

E£ Egyptian Pound

EGP

Exchange Rate (1 USD)

E£48.50

+57.0% YoY(weakened)

5-Year Change

+208.9%

From E£15.70

Regime & Controls

managed float

Capital controls: strict

GDP

Billion USD, nominal

$389.1B

2024-6.9B

GDP Growth

Annual %

2.4%

2024-1.4%

Inflation

Consumer prices, annual %

28.3%

2024-5.6%

Population

Millions

116.5M

2024+2.0M

Economic Structure

Services49%

Industry33%

Agriculture14%

Infrastructure48/100

Internet Speed

40 Mbps

Mobile: 18 Mbps

Logistics Index

2.8 /5.0

World Bank LPI

Electricity

78%

Reliability score

Connectivity

good

55% internet access

Investment Score Breakdown

Economic Health (30%)35

Political Safety (25%)28

Business Climate (20%)40

Financial Strength (15%)32

Growth Potential (10%)55

Key Sectors

Tourism

5% of GDP

growing

Suez Canal

3% of GDP

stable

Energy

8% of GDP

growing

Agriculture

11% of GDP

stable

Should I Invest in Egypt?

CautionSetup: DifficultROI: Moderate

Egypt scores 38/100 on the NationsData Investment Index, rated "Caution". Growth is healthy at 3.8%. Business setup takes approximately 39 days with a corporate tax rate of 22.5%.

Investment Score38/100

GDP Growth3.8%

Inflation28%

FDI/GDP2%

Public Debt92%

Political Stability-1.0

Corporate Tax22.5%

Ease of Business#114

Strengths

+Healthy GDP growth at 3.8%
+100% foreign ownership allowed - no local partner required

Risks

-Significant political instability - governance risks may affect business continuity
-High inflation (28%) - erodes margins and purchasing power
-Elevated public debt (92% of GDP)
-Corruption is a significant concern - budget for compliance and due diligence
-Very slow contract enforcement (1010 days) - use arbitration clauses

Best For

Labor-intensive manufacturing

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