Egypt | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 4.90 4.5 3.8 4.3 4.1 4.23 percent [+]
Unemployment Rate 12.60 12.7 12.8 12.7 12.6 11.2 percent [+]
Inflation Rate 19.40 16.2 16.5 16 15.7 9.5 percent [+]
Interest Rate 14.75 14.75 14.75 12.75 12 9.5 percent [+]
Balance of Trade -2577.00 -4812 -3168 -3568 -3404 -2436 USD Million [+]
Government Debt to GDP 85.00 95 98 98 98 83 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Stock Market 11297.93 10900 10800 10700 10600 8800 points [+]
Currency 18.10 16.09 16.25 16.41 16.57 19.12 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 4.90 4.5 3.8 4.3 4.1 4.23 percent [+]
GDP Annual Growth Rate 2.30 3.4 3.6 3.9 2.9 4.9 percent [+]
GDP 330.78 337 342 347 352 391 USD Billion [+]
GDP Constant Prices 482839.10 511913 508943 538695 563624 660198 EGP Million [+]
Gross Fixed Capital Formation 58.00 55 52 57 61.14 57.81 EGP Billion [+]
GDP per capita 2707.09 2773 2795 2816 2838 3071 USD [+]
GDP per capita PPP 10249.96 10219 10294 10369 10444 11438 USD [+]
GDP From Agriculture 48859.20 42876 41387 43915 42764 29907 EGP Million [+]
GDP From Construction 28430.60 28379 24559 28330 24608 28015 EGP Million [+]
GDP From Manufacturing 72717.90 75415 74298 73274 73613 73788 EGP Million [+]
GDP From Mining 58744.10 59409 58202 58629 57747 58607 EGP Million [+]
GDP From Transport 19953.20 20355 20159 19968 19783 17565 EGP Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 12.60 12.7 12.8 12.7 12.6 11.2 percent [+]
Unemployed Persons 3600.00 3600 3601 3597 3599 3599 Thousand [+]
Minimum Wages 1200.00 1200 1200 1200 1200 1400 EGP/Month [+]
Population 83.40 84.73 85.06 85.39 85.72 91.2 Million [+]
Living Wage Family 7370.00 7370 7500 7500 7500 7970 EGP/Month [+]
Living Wage Individual 2020.00 2020 2250 2250 2250 2615 EGP/Month [+]
Employed Persons 25200.00 25299 25404 25510 25616 26693 Thousand [+]
Wages High Skilled 3950.00 4425 4485 4510 4521 4529 EGP/Month [+]
Wages Low Skilled 1440.00 1405 1403 1403 1403 1403 EGP/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 19.40 16.2 16.5 16 15.7 9.5 percent [+]
Inflation Rate Mom 1.70 2.2 1.9 1.7 1.6 0.7 percent [+]
Consumer Price Index CPI 195.80 199 205 210 216 286 Index Points [+]
Core Consumer Prices 180.30 184 191 197 204 292 Index Points [+]
Core Inflation Rate 20.73 14.7 15 15.1 14.6 9.2 percent [+]
Food Inflation 21.50 20.6 19.1 18.6 17.5 12.5 percent [+]
Producer Prices 2.40 1.6 1 1.8 2.1 1.5 percent [+]
Producer Prices Change 10.70 13.75 13.9 13 12.7 9.7 percent [+]
Cpi Transportation 151.50 153 154 156 158 176 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 14.75 14.75 14.75 12.75 12 9.5 percent [+]
Money Supply M0 507548.00 524309 541059 558406 576350 870713 EGP Million [+]
Money Supply M1 613309.00 634481 663023 692841 723994 1282215 EGP Million [+]
Money Supply M2 2198196.00 2292526 2408731 2534729 2671555 6202891 EGP Million [+]
Foreign Exchange Reserves 23081.00 23900 24100 25000 25800 28400 USD Million [+]
Banks Balance Sheet 1816873.00 1846790 1931418 2016045 2054855 2647667 EGP Million [+]
Loans to Private Sector 515578.00 524524 528418 530098 530762 531212 EGP Million [+]
Deposit Interest Rate 6.90 7.1 7.06 7.03 6.99 6.91 percent [+]
Interbank Rate 9.30 9.32 9.39 9.46 9.48 9.45 percent [+]
Lending Rate 15.75 15.75 15.75 13.75 13 10.5 percent [+]
Central Bank Balance Sheet 2891986.00 3119518 3264662 3399120 3539603 5180133 EGP Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -2577.00 -4812 -3168 -3568 -3404 -2436 USD Million [+]
Exports 1558.00 2087 1218 1932 1743 2000 USD Million [+]
Imports 4136.00 6899 4730 5500 5147 5020 USD Million [+]
Current Account -4189.70 -4811 -4734 -4522 -4460 -5328 USD Million [+]
Current Account to GDP -3.40 -3.14 -2.9 -2.66 -2.42 -1.18 percent [+]
External Debt 55764.40 46900 46900 46900 58667 48100 USD Million [+]
Foreign Direct Investment 2876.00 3150 3312 3106 3402 2749 USD Million [+]
Capital Flows 5944.80 5412 6005 5853 5814 5849 USD Million [+]
Remittances 4417.80 4340 4337 4356 4356 4353 USD Million [+]
Tourism Revenues 7.50 4 4.8 4.8 4.8 8.9 USD Billion [+]
Tourist Arrivals 473.00 490 480 556 610 890 Thousand [+]
Gold Reserves 75.58 75.57 75.57 75.57 75.57 75.57 Tonnes [+]
Crude Oil Production 493.00 492 492 492 492 492 BBL/D/1K [+]
Terrorism Index 7.33 6.81 6.81 6.81 6.27 5.53 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 85.00 95 98 98 98 83 percent [+]
Government Budget -11.50 -11.34 -11.32 -11.31 -11.29 -11.23 percent of GDP [+]
Government Budget Value -267551.00 -267547 -274341 -281136 -287930 -285492 Million EGP [+]
Government Spending 76.00 70.13 70.13 70.13 75.81 75.81 EGP Billion [+]
Government Revenues 538378.00 558314 588133 597952 607771 731562 Million EGP [+]
Fiscal Expenditure 805929.00 828942 833210 837478 841746 875051 Million EGP [+]
Military Expenditure 5361.60 5390 5381 5372 5337 5490 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Manufacturing PMI 41.80 48.96 47.16 48.4 49.1 50.5 [+]
Industrial Production -11.70 -15.16 -13.16 -10.16 -9.2 2.6 percent [+]
Industrial Production Mom 1.60 4.03 -0.63 2.9 -1 0.97 percent [+]
Manufacturing Production -4.54 1.1 0.8 0.6 1.9 5.3 percent [+]
Changes in Inventories 4.00 3 3.61 3.62 4 3.63 EGP Billion [+]
Steel Production 380.00 382 373 371 375 373 Thousand Tonnes [+]
Ease of Doing Business 122.00 126 125 125 125 126 [+]
Competitiveness Index 3.67 3.66 3.73 3.72 3.73 3.6 Points [+]
Competitiveness Rank 115.00 114 114 114 114 110 [+]
Corruption Index 36.00 35.63 34.93 34.23 33.52 30.15 Points [+]
Corruption Rank 88.00 91 92 93 94 89 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 553.00 540 521 513 699 600 EGP Billion [+]
Consumer Confidence 70.00 80.1 82.2 80 84.8 89.44 [+]
Consumer Credit 213377.00 219724 226126 232473 238737 312540 EGP Million [+]
Bank Lending Rate 13.90 14.1 14.38 14.55 13.7 12 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 22.50 22.5 22.5 22.5 22.5 22.5 percent [+]
Personal Income Tax Rate 22.50 22.5 22.5 22.5 22.5 22.5 percent [+]
Sales Tax Rate 13.00 13 13 14 14 16 percent [+]
Social Security Rate 40.00 40 40 40 40 40 percent [+]
Social Security Rate For Companies 26.00 26 26 26 26 26 percent [+]
Social Security Rate For Employees 14.00 14 14 14 14 14 percent [+]





Economic Forecasts for Egypt including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Egypt economy. 12/11/2016