Egypt: Economy
Due to the current political unrest in Egypt, the information on these pages may not reflect current conditions in the country.
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Lower Middle Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| Economic Trivia | Egypt's economy relies mainly on agriculture, media, petroleum imports, natural gas, and tourism. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2016): China, Germany, and Saudi Arabia |
| Top Industries Source: CIA World Factbook | Textiles; Food Processing; Tourism; Chemicals |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $1,129,918,541,167 (2017) |
| GDP Growth Rate (annual %) | 4.181% (2017) |
| GDP Per Capita, PPP (current international) | $11,583 (2017) |
GDP Country Rank 21/195 (2017)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 13.815% (2016) |
| External debt stocks, total (DOD, current US$) | $67,214,081,000 (2016) |
| Total tax rate (% of commercial profits) | 45.3% (2017) |
| Real Interest Rate (5 year average %) | -3.87% (2017) |
| Manufacturing, value added (% of GDP) | 16.444% (2017) |
| Current Account Balance (BoP, current US$) | ($9,336,400,000) (2017) |
Labor and Employment [1]
| Labor Force, Total | 31,149,152 (2017) |
| Employment in Agriculture (% of total employment) | 24.839% (2017) |
| Employment in Industry (% of total employment) | 25.53% (2017) |
| Employment in Services (% of total employment) | 49.631% (2017) |
| Unemployment Rate | 12.079% (2017) |
Trade [1]
| Imports of goods and services (current US$) | $67,049,678,487 (2017) |
| Exports of goods and services (current US$) | $38,364,489,785 (2017) |
| Total Merchandise Trade (% of GDP) | 37.061% (2017) |
| FDI, net inflows (BoP, current US$) | $7,391,700,000 (2017) |
| Commercial Service Exports (current US$) | $19,110,100,000 (2017) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Egypt’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.