Egypt Debt to GDP Ratio
Egypt's government debt to GDP fell to an all-time low of 82.9% in 2024, down from 95.8% in 2023. This reduction is attributed to economic reforms and debt management including $38.7 billion in debt repayment and $35 billion in foreign inflows from the Ras El Hekma deal. Egypt's record low government debt to GDP was 82.9% in 2024 and record high was 103.0% in 2017.
Yearly Historical Data (2013-2024)
(in %)Egypt Debt to GDP Ratio : Definition
Egypt's government debt to GDP shows its total government debt as a percentage of its Gross Domestic Product. It's calculated by dividing total government debt by GDP. A higher ratio suggests potential repayment difficulties.