Flag of eg

Egypt GDP Annual Growth Rate

Egypt's GDP annual growth rate fell to 2.4% in 2024, down from 3.76% in 2023, according to World Bank. This represents a decrease of 1.36% from the previous year. Egypt has GDP annual growth rate lower than the global median (2.40% vs median 3.24%). Compared with the median in Africa, Egypt is lower (2.40% vs regional median 3.99%) and ranks 41st out of 52 countries in Africa.

Egypt's real GDP rose to $482.19 billion in 2024, up from $470.89 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 2.4%
2023 3.76%
2022 6.59%
2021 3.29%
2020 3.55%
2019 5.55%
2018 5.33%
2017 4.18%
2016 4.35%
2015 4.37%
2014 2.92%
2013 2.19%
2012 2.23%
2011 1.76%
2010 5.15%
2009 4.67%
2008 7.16%
2007 7.09%
2006 6.84%
2005 4.47%
2004 4.09%
2003 3.19%
2002 2.39%
2001 3.54%
2000 6.37%
1999 6.05%
1998 5.58%
1997 5.49%
1996 4.99%
1995 4.64%
1994 3.97%
1993 2.9%
1992 4.47%
1991 1.13%
1990 5.67%
1989 4.92%
1988 5.46%
1987 3.83%
1986 4.74%
1985 5.79%
1984 9.75%
1983 5.09%
1982 9.91%
1981 7.35%
1980 10.01%
1979 4.55%
1978 8.63%
1977 9%
1976 13.28%
1975 8.94%
1974 1.56%
1973 3.51%
1972 3.06%
1971 4.06%
1970 5.6%
1969 5.28%
1968 -1.61%
1967 0.81%
1966 5.05%
1965 4.91%
1964 11.51%
1963 10.52%
1962 3.88%
1961 5.16%
Egypt GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Egypt's total economic output.
Indicator Last Value Prior Value Period
GDP $389.06B $395.93B 2024
GDP Growth Rate (YoY) 5% 4.8% Jun'25
GDP per Capita $4,137.61 $4,111.31 2024
GDP per Capita PPP $16,798.15 $16,691.39 2024
R&D Expenditure (% GDP) 1.03% 1.02% 2023
Real GDP $482.19B $470.89B 2024