World Factbook
Egypt
Jumhuriyat Misr al-Arabiyah
Last updated: 2026-03-28 (today)
Budget
note
note: central government revenues (excluding grants) and expenses converted to US dollars at average official exchange rate for year indicated
revenues
$69.999 billion (2015 est.)
expenditures
$96.057 billion (2015 est.)
Exports
note
note: balance of payments - exports of goods and services in current dollars
Exports 2021
$58.339 billion (2021 est.)
Exports 2022
$76.295 billion (2022 est.)
Exports 2023
$68.218 billion (2023 est.)
Imports
note
note: balance of payments - imports of goods and services in current dollars
Imports 2021
$94.039 billion (2021 est.)
Imports 2022
$97.144 billion (2022 est.)
Imports 2023
$82.265 billion (2023 est.)
Industries
textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light manufactures
Labor force
33.749 million (2024 est.)
note: number of people ages 15 or older who are employed or seeking work
Public debt
note
note: data cover central government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are sold at public auctions
Public debt 2017
103% of GDP (2017 est.)
Remittances
note
note: personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021
7.4% of GDP (2021 est.)
Remittances 2022
5.9% of GDP (2022 est.)
Remittances 2023
4.9% of GDP (2023 est.)
Exchange rates
Currency
Egyptian pounds (EGP) per US dollar -
Exchange rates 2020
15.759 (2020 est.)
Exchange rates 2021
15.645 (2021 est.)
Exchange rates 2022
19.16 (2022 est.)
Exchange rates 2023
30.626 (2023 est.)
Exchange rates 2024
45.299 (2024 est.)
Debt - external
note
note: present value of external debt in current US dollars
Debt - external 2023
$117.272 billion (2023 est.)
Economic overview
Africa’s second-largest economy; 2030 Vision to diversify markets and energy infrastructure; improving fiscal, external, and current accounts; underperforming private sector; poor labor force participation; expanded credit access
Unemployment rate
note
note: % of labor force seeking employment
Unemployment rate 2022
7.4% (2022 est.)
Unemployment rate 2023
7.4% (2023 est.)
Unemployment rate 2024
7.2% (2024 est.)
Exports - partners
Saudi Arabia 10%, Turkey 9%, Italy 6%, USA 5%, UAE 5% (2023)
note: top five export partners based on percentage share of exports
Imports - partners
China 16%, Saudi Arabia 6%, Russia 6%, USA 6%, Germany 5% (2023)
note: top five import partners based on percentage share of imports
Real GDP per capita
note
note: data in 2021 dollars
Real GDP per capita 2022
$16,400 (2022 est.)
Real GDP per capita 2023
$16,700 (2023 est.)
Real GDP per capita 2024
$16,800 (2024 est.)
Real GDP growth rate
note
note: annual GDP % growth based on constant local currency
Real GDP growth rate 2022
6.6% (2022 est.)
Real GDP growth rate 2023
3.8% (2023 est.)
Real GDP growth rate 2024
2.4% (2024 est.)
Agricultural products
sugarcane, sugar beets, wheat, maize, potatoes, tomatoes, rice, milk, onions, oranges (2023)
note: top ten agricultural products based on tonnage
Exports - commodities
refined petroleum, natural gas, fertilizers, garments, crude petroleum (2023)
note: top five export commodities based on value in dollars
Imports - commodities
refined petroleum, wheat, plastics, natural gas, packaged medicine (2023)
note: top five import commodities based on value in dollars
Current account balance
note
note: balance of payments - net trade and primary/secondary income in current dollars
Current account balance 2021
-$18.611 billion (2021 est.)
Current account balance 2022
-$10.537 billion (2022 est.)
Current account balance 2023
-$12.564 billion (2023 est.)
Taxes and other revenues
12.5% (of GDP) (2015 est.)
note: central government tax revenue as a % of GDP
GDP (official exchange rate)
$389.06 billion (2024 est.)
note: data in current dollars at official exchange rate
GDP - composition, by end use
note
note: figures may not total 100% due to rounding or gaps in data collection
household consumption
87.6% (2024 est.)
government consumption
6.3% (2024 est.)
investment in inventories
1.3% (2024 est.)
investment in fixed capital
11.7% (2024 est.)
exports of goods and services
16.4% (2024 est.)
imports of goods and services
-23.2% (2024 est.)
Population below poverty line
29.7% (2019 est.)
note: % of population with income below national poverty line
Average household expenditures
on food
36.9% of household expenditures (2023 est.)
on alcohol and tobacco
4.6% of household expenditures (2023 est.)
Inflation rate (consumer prices)
note
note: annual % change based on consumer prices
Inflation rate (consumer prices) 2022
13.9% (2022 est.)
Inflation rate (consumer prices) 2023
33.9% (2023 est.)
Inflation rate (consumer prices) 2024
28.3% (2024 est.)
Industrial production growth rate
-1.9% (2024 est.)
note: annual % change in industrial value added based on constant local currency
Real GDP (purchasing power parity)
note
note: data in 2021 dollars
Real GDP (purchasing power parity) 2022
$1.842 trillion (2022 est.)
Real GDP (purchasing power parity) 2023
$1.912 trillion (2023 est.)
Real GDP (purchasing power parity) 2024
$1.958 trillion (2024 est.)
Youth unemployment rate (ages 15-24)
male
12.4% (2024 est.)
note
note: % of labor force ages 15-24 seeking employment
total
18.7% (2024 est.)
female
47.1% (2024 est.)
Reserves of foreign exchange and gold
note
note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022
$32.144 billion (2022 est.)
Reserves of foreign exchange and gold 2023
$33.07 billion (2023 est.)
Reserves of foreign exchange and gold 2024
$44.921 billion (2024 est.)
GDP - composition, by sector of origin
note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
industry
32.6% (2024 est.)
services
48.9% (2024 est.)
agriculture
13.7% (2024 est.)
Household income or consumption by percentage share
note
note: % share of income accruing to lowest and highest 10% of population
lowest 10%
4.2% (2021 est.)
highest 10%
24.6% (2021 est.)
Gini Index coefficient - distribution of family income
note
note: index (0-100) of income distribution; higher values represent greater inequality
Gini Index coefficient - distribution of family income 2021
28.5 (2021 est.)