Egypt | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 4.90 3.8 4.3 4.1 4 4.23 percent [+]
Unemployment Rate 12.40 12.8 12.7 12.6 12.37 11.2 percent [+]
Inflation Rate 28.10 16.5 16 15.7 15.4 9.5 percent [+]
Interest Rate 14.75 14.75 12.75 12 11.5 9.5 percent [+]
Balance of Trade -2379.00 -3168 -3568 -3404 -3911 -2436 USD Million [+]
Government Debt to GDP 85.00 98 98 98 98 83 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Stock Market 12269.88 12000 11900 11800 11600 9810 points [+]
Currency 15.78 19.47 19.66 19.85 20.04 22.91 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 4.90 3.8 4.3 4.1 4 4.23 percent [+]
GDP Annual Growth Rate 2.30 3.6 3.9 2.9 4.4 4.9 percent [+]
GDP 330.78 323 327 332 308 391 USD Billion [+]
GDP Constant Prices 501842.70 474244 497257 509347 493893 505800 EGP Million [+]
Gross Fixed Capital Formation 58.00 52 57 61.14 59.13 57.81 EGP Billion [+]
GDP per capita 2707.09 2718 2736 2754 2773 3071 USD [+]
GDP per capita PPP 10249.96 10168 10185 10202 10219 11438 USD [+]
GDP From Agriculture 67997.50 67997 58652 67997 58653 58653 EGP Million [+]
GDP From Construction 22044.40 22135 27223 22223 27136 26678 EGP Million [+]
GDP From Manufacturing 74760.00 74711 73567 74224 74993 74358 EGP Million [+]
GDP From Mining 57154.30 58049 58517 57494 58858 58434 EGP Million [+]
GDP From Transport 24256.50 20573 20573 20573 20573 20573 EGP Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 12.40 12.8 12.7 12.6 12.37 11.2 percent [+]
Unemployed Persons 3600.00 3601 3597 3599 3599 3599 Thousand [+]
Minimum Wages 1200.00 1200 1199 1198 1197 1400 EGP/Month [+]
Population 83.40 83.74 84.07 84.4 84.73 91.2 Million [+]
Living Wage Family 3565.20 7500 7500 7500 7500 7970 EGP/Month [+]
Living Wage Individual 2177.60 2250 2250 2250 2250 2615 EGP/Month [+]
Employed Persons 25479.00 25589 25710 25836 25963 27164 Thousand [+]
Wages High Skilled 3950.00 4485 4510 4521 4526 4529 EGP/Month [+]
Wages Low Skilled 1440.00 1405 1403 1403 1403 1403 EGP/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 28.10 16.5 16 15.7 15.4 9.5 percent [+]
Inflation Rate Mom 1.70 1.9 1.7 1.6 1.3 0.7 percent [+]
Consumer Price Index CPI 220.30 230 244 259 274 440 Index Points [+]
Core Consumer Prices 208.00 207 213 218 222 266 Index Points [+]
Core Inflation Rate 30.86 15 15.1 14.6 13.7 9.2 percent [+]
Food Inflation 37.30 19.1 18.6 17.5 16.7 12.5 percent [+]
Producer Prices 257.90 260 259 259 259 259 Index Points [+]
Producer Prices Change 28.10 13.9 13 12.7 12.2 9.7 percent [+]
Cpi Transportation 176.10 181 186 190 194 234 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 14.75 14.75 12.75 12 11.5 9.5 percent [+]
Money Supply M0 520191.00 513662 516487 515532 515251 515366 EGP Million [+]
Money Supply M1 625670.00 645678 666026 686411 706739 943563 EGP Million [+]
Money Supply M2 2658461.00 2868194 3075966 3281796 3485700 5788830 EGP Million [+]
Foreign Exchange Reserves 26363.00 24100 25000 25800 26000 28400 USD Million [+]
Banks Balance Sheet 1816873.00 1846790 1931418 2016045 2054855 2647667 EGP Million [+]
Loans to Private Sector 702049.00 888043 1035545 1126883 1172648 1266368 EGP Million [+]
Deposit Interest Rate 6.90 6.75 6.87 6.98 7.1 6.91 percent [+]
Interbank Rate 9.30 9.32 9.41 9.46 9.46 9.43 percent [+]
Lending Rate 15.75 15.75 13.75 13 12.5 10.5 percent [+]
Central Bank Balance Sheet 3133549.00 3410356 3581037 3751684 3920079 5805461 EGP Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -2379.00 -3168 -3568 -3404 -3911 -2436 USD Million [+]
Exports 2010.00 1218 1932 1743 2227 2000 USD Million [+]
Imports 4388.00 4730 5500 5147 5345 5020 USD Million [+]
Current Account -4983.30 -4734 -4522 -4460 -4811 -4893 USD Million [+]
Current Account to GDP -3.40 -1.28 -1.9 -2.52 -3.14 -1.18 percent [+]
External Debt 60152.60 46900 46900 66972 67700 48100 USD Million [+]
Foreign Direct Investment 3431.00 3312 3106 3402 3046 3176 USD Million [+]
Capital Flows 7090.80 6286 6202 6067 6198 6145 USD Million [+]
Remittances 3396.80 3482 3502 3358 3354 3351 USD Million [+]
Tourism Revenues 7.50 4 4.8 4.8 4.8 8.9 USD Billion [+]
Tourist Arrivals 500.00 480 556 610 657 890 Thousand [+]
Gold Reserves 75.58 75.57 75.57 75.57 75.57 75.57 Tonnes [+]
Crude Oil Production 492.00 492 492 492 492 492 BBL/D/1K [+]
Terrorism Index 7.33 6.81 6.81 6.65 6.69 5.53 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 85.00 98 98 98 98 83 percent [+]
Government Budget -11.50 -11.88 -11.7 -11.52 -11.34 -11.23 percent of GDP [+]
Government Budget Value -267551.00 -267075 -267232 -267389 -267547 -285492 Million EGP [+]
Government Spending 90.00 70.13 70.13 80.82 89.63 88.97 EGP Billion [+]
Government Revenues 538378.00 568467 571750 575032 578314 731562 Million EGP [+]
Fiscal Expenditure 805929.00 842481 837968 833455 828942 875051 Million EGP [+]
Military Expenditure 5361.60 5390 5381 5372 5337 5490 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Manufacturing PMI 43.30 47.16 48.4 49.1 49.8 50.5 [+]
Industrial Production -1.10 -13.16 -10.16 -9.2 -0.31 2.6 percent [+]
Industrial Production Mom 7.20 -0.63 2.9 -1 0.51 0.97 percent [+]
Manufacturing Production 11.18 0.8 0.6 1.9 2 5.3 percent [+]
Changes in Inventories 4.00 3.61 3.62 4 4 3.63 EGP Billion [+]
Steel Production 535.00 471 495 493 491 492 Thousand Tonnes [+]
Ease of Doing Business 122.00 125 125 125 125 126 [+]
Competitiveness Index 3.67 3.73 3.72 3.73 3.72 3.6 Points [+]
Competitiveness Rank 115.00 114 114 114 114 110 [+]
Corruption Index 36.00 35.02 35.23 35.43 35.63 30.15 Points [+]
Corruption Rank 108.00 91 92 93 94 89 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 515.00 521 513 699 549 600 EGP Billion [+]
Consumer Confidence 64.00 82.2 80 84.8 67.36 89.44 [+]
Consumer Credit 231581.00 243881 254793 265317 275685 393275 EGP Million [+]
Bank Lending Rate 16.30 17.29 18.19 13.7 13.5 12 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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 14 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. 2/27/2017