Gross Domestic Product … Standard Local Currency annual growth rate in Egypt
Egypt: Gross Domestic Product … Standard Local Currency annual growth rate was 2.4 % change on previous year in 2024. ▼ Falling
Latest (2024)
2.4 % change on previous year
Change on year
down 36.2%
World rank
142nd
of 223 countries
All-time high
13.71 % change on previous year
in 1976
All-time low
0.7053 % change on previous year
in 1973
Years of data
54
1971–2024
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Egypt, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Egypt stood at 2.4 % change on previous year.
Compared with earlier readings it is down 36.2% on the previous year and down 18.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Egypt peaked at 13.71 % change on previous year in 1976 and was at its lowest, 0.7053 % change on previous year, in 1973.
Egypt ranks 142nd of 223 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Gross Domestic Product … Standard Local Currency annual growth rate in Egypt, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.44 % change on previous year | — |
| 1972 | 3.85 % change on previous year | +12.0% |
| 1973 | 0.7053 % change on previous year | -81.7% |
| 1974 | 2.49 % change on previous year | +252.4% |
| 1975 | 5.09 % change on previous year | +104.7% |
| 1976 | 13.71 % change on previous year | +169.4% |
| 1977 | 7.79 % change on previous year | -43.2% |
| 1978 | 7.92 % change on previous year | +1.7% |
| 1979 | 10.29 % change on previous year | +30.0% |
| 1980 | 9.95 % change on previous year | -3.3% |
| 1981 | 3.76 % change on previous year | -62.3% |
| 1982 | 9.91 % change on previous year | +163.8% |
| 1983 | 4.89 % change on previous year | -50.6% |
| 1984 | 9.75 % change on previous year | +99.3% |
| 1985 | 5.79 % change on previous year | -40.6% |
| 1986 | 4.74 % change on previous year | -18.1% |
| 1987 | 3.48 % change on previous year | -26.6% |
| 1988 | 5.39 % change on previous year | +54.6% |
| 1989 | 5.11 % change on previous year | -5.1% |
| 1990 | 5.78 % change on previous year | +13.0% |
| 1991 | 1.15 % change on previous year | -80.1% |
| 1992 | 4.26 % change on previous year | +270.8% |
| 1993 | 3 % change on previous year | -29.7% |
| 1994 | 3.97 % change on previous year | +32.4% |
| 1995 | 4.58 % change on previous year | +15.4% |
| 1996 | 5.11 % change on previous year | +11.5% |
| 1997 | 5.32 % change on previous year | +4.2% |
| 1998 | 4.18 % change on previous year | -21.6% |
| 1999 | 5.91 % change on previous year | +41.5% |
| 2000 | 5.58 % change on previous year | -5.6% |
| 2001 | 3.4 % change on previous year | -39.1% |
| 2002 | 2.37 % change on previous year | -30.1% |
| 2003 | 3.19 % change on previous year | +34.5% |
| 2004 | 4.09 % change on previous year | +28.1% |
| 2005 | 4.48 % change on previous year | +9.6% |
| 2006 | 6.86 % change on previous year | +53.1% |
| 2007 | 7.09 % change on previous year | +3.4% |
| 2008 | 7.16 % change on previous year | +0.9% |
| 2009 | 4.67 % change on previous year | -34.8% |
| 2010 | 5.15 % change on previous year | +10.4% |
| 2011 | 1.74 % change on previous year | -66.1% |
| 2012 | 2.24 % change on previous year | +28.2% |
| 2013 | 2.18 % change on previous year | -2.5% |
| 2014 | 2.93 % change on previous year | +34.6% |
| 2015 | 4.36 % change on previous year | +48.7% |
| 2016 | 4.34 % change on previous year | -0.4% |
| 2017 | 4.19 % change on previous year | -3.4% |
| 2018 | 5.33 % change on previous year | +27.2% |
| 2019 | 5.55 % change on previous year | +4.1% |
| 2020 | 3.58 % change on previous year | -35.6% |
| 2021 | 3.25 % change on previous year | -9.0% |
| 2022 | 6.65 % change on previous year | +104.7% |
| 2023 | 3.76 % change on previous year | -43.5% |
| 2024 | 2.4 % change on previous year | -36.2% |
Egypt compared with similar countries
- Egypt's 2.4 % change on previous year is below the median for lower middle income countries, which is 4.01 % change on previous year, 60% of the median. (44 countries reporting)
- Egypt's 2.4 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.02 % change on previous year, 1.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.14 % change on previous year | 0.7053 % change on previous year | 13.71 % change on previous year | 9 |
| 1980s | 6.28 % change on previous year | 3.48 % change on previous year | 9.95 % change on previous year | 10 |
| 1990s | 4.32 % change on previous year | 1.15 % change on previous year | 5.91 % change on previous year | 10 |
| 2000s | 4.89 % change on previous year | 2.37 % change on previous year | 7.16 % change on previous year | 10 |
| 2010s | 3.8 % change on previous year | 1.74 % change on previous year | 5.55 % change on previous year | 10 |
| 2020s | 3.93 % change on previous year | 2.4 % change on previous year | 6.65 % change on previous year | 5 |
Countries ranked near Egypt
- 139 Thailand 2.53 % change on previous year compare
- 140 Jordan 2.49 % change on previous year compare
- 141 Bosnia and Herzegovina 2.48 % change on previous year compare
- 143 Greece 2.27 % change on previous year compare
- 144 Turkmenistan 2.26 % change on previous year compare
- 145 Syria 2.23 % change on previous year compare
- 145 Syrian Arab Republic 2.23 % change on previous year compare
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 gross domestic product — value standard local currency, 2015 prices in Egypt?
- Gross domestic product — value standard local currency, 2015 prices in Egypt was 2.4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Egypt?
- The highest recorded value was 13.71 % change on previous year in 1976.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Egypt?
- The lowest recorded value was 0.7053 % change on previous year in 1973.
- How does Egypt rank for gross domestic product — value standard local currency, 2015 prices?
- Egypt ranks 142nd out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Egypt?
- Over the last ten years it is down 18.2%. The long-run trend across the full record is falling.
- Where does this Egypt data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.