Annual GDP growth (%) in Egypt
Egypt: Annual GDP growth (%) was 2.4% in 2024. ▼ Falling
Latest (2024)
2.4%
Change on year
down 36.2%
World rank
144th
of 230 countries
All-time high
7.2%
in 2008
All-time low
1.8%
in 2011
Years of data
25
2000–2024
Annual GDP growth in Egypt, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Egypt stood at 2.4%.
Compared with earlier readings it is down 36.2% on the previous year and down 17.7% over ten years.
Over the whole period, annual gdp growth in Egypt peaked at 7.2% in 2008 and was at its lowest, 1.8%, in 2011.
Egypt ranks 144th of 230 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth (%) in Egypt, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.4% | — |
| 2001 | 3.5% | -44.5% |
| 2002 | 2.4% | -32.4% |
| 2003 | 3.2% | +33.6% |
| 2004 | 4.1% | +28.1% |
| 2005 | 4.5% | +9.3% |
| 2006 | 6.8% | +53.0% |
| 2007 | 7.1% | +3.6% |
| 2008 | 7.2% | +1.0% |
| 2009 | 4.7% | -34.7% |
| 2010 | 5.1% | +10.1% |
| 2011 | 1.8% | -65.7% |
| 2012 | 2.2% | +26.2% |
| 2013 | 2.2% | -1.8% |
| 2014 | 2.9% | +33.4% |
| 2015 | 4.4% | +49.9% |
| 2016 | 4.3% | -0.6% |
| 2017 | 4.2% | -3.8% |
| 2018 | 5.3% | +27.5% |
| 2019 | 5.6% | +4.1% |
| 2020 | 3.6% | -36.1% |
| 2021 | 3.3% | -7.3% |
| 2022 | 6.6% | +100.2% |
| 2023 | 3.8% | -42.9% |
| 2024 | 2.4% | -36.2% |
Egypt compared with similar countries
- Egypt's 2.4% is below the median for lower middle income countries, which is 3.8%, 63% of the median. (43 countries reporting)
- Egypt's 2.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%, 1.1× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.0% | 2.4% | 7.2% | 10 |
| 2010s | 3.8% | 1.8% | 5.6% | 10 |
| 2020s | 3.9% | 2.4% | 6.6% | 5 |
Countries ranked near Egypt
More economy & growth data for Egypt
- Real gdp growth, annual growth rate 83.08 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.11 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.63 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 79.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.469 units per person (2025)
- SDRs holdings, SDR, annual growth rate 70.84 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.3425 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -20.37 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Egypt?
- Annual gdp growth in Egypt was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Egypt?
- The highest recorded value was 7.2% in 2008.
- What is the lowest annual gdp growth recorded in Egypt?
- The lowest recorded value was 1.8% in 2011.
- How does Egypt rank for annual gdp growth?
- Egypt ranks 144th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Egypt?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
- Where does this Egypt data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).